Circle Expands Web3 Services to Support Arbitrum One

IconCryptoNewsTerminal Staff12 Sep, 2024

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Circle Expands Web3 Services to Support Arbitrum One

Circle, the issuer of USDC, recently announced that its Web3 services now support Arbitrum One. This addition expands Circle's network, which already includes Avalanche, Ethereum, Polygon, and Solana. By supporting Arbitrum One, Circle aims to provide its users with faster transaction speeds and lower gas fees. Arbitrum One is a layer-2 scaling solution for Ethereum that offers increased efficiency and cost-effectiveness. The integration of Arbitrum One further solidifies Circle's position as a leading provider of Web3 infrastructure. It allows developers and users to seamlessly access USDC and other Circle services on a wider range of blockchain networks.