Circle Launches Paymaster for USDC Gas Fee Payments on Arbitrum and Base

Source of this Article
Coinpedia 9 months ago 169

Circle CEO

The post Circle Launches Paymaster for USDC ($1.00) Gas Fee Payments on Arbitrum and Base appeared first on Coinpedia Fintech News

Circle recently launched Circle Paymaster, a stablecoin payments solution that allows gas fee payments in USDC on Ethereum-based Arbitrum and Base. Paymaster simplifies transactions by removing the need for native tokens like Ethereum (ETH ($3,304.28)). The use of USD Coin (USDC) for gas fee payments demonstrates the growing use of stablecoins as a stable alternative to volatile cryptocurrencies. Circle plans to expand its Paymaster services to more blockchain platforms, including Ethereum, Polygon PoS, and Solana. The Paymaster launch follows Circle CEO Jeremy Allaire’s optimistic comments on the future of crypto trading services in the US banking sector under Donald Trump’s potential crypto policies.



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet