According to reports circulating on social media, Cosmos Labs is in advanced negotiations with Circle to materialize the issuance of a native USDC within its ecosystem. The information, initially shared via Twitter by user tøny, refers to a Telegram chat where magmar, Co-CEO of Cosmos Labs, confirmed that both teams are working on the details of this strategic collaboration.
This move could mark an important milestone for the Cosmos chain, as the issuance of native USDC would facilitate greater institutional capital flows and improve interoperability with other blockchain networks. For Circle, expanding USDC’s presence in Cosmos would mean penetrating more deeply into the fastest-growing decentralized ecosystems in the industry. The discussions are in an advanced stage, although there is still no official confirmation from either party regarding specific implementation timelines.
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Circle and Cosmos Labs are advancing negotiations for the issuance of native USDC
According to reports circulating on social media, Cosmos Labs is in advanced negotiations with Circle to materialize the issuance of a native USDC within its ecosystem. The information, initially shared via Twitter by user tøny, refers to a Telegram chat where magmar, Co-CEO of Cosmos Labs, confirmed that both teams are working on the details of this strategic collaboration.
This move could mark an important milestone for the Cosmos chain, as the issuance of native USDC would facilitate greater institutional capital flows and improve interoperability with other blockchain networks. For Circle, expanding USDC’s presence in Cosmos would mean penetrating more deeply into the fastest-growing decentralized ecosystems in the industry. The discussions are in an advanced stage, although there is still no official confirmation from either party regarding specific implementation timelines.