Circle announced that USDC is now natively available on Arbitrum, a leading L2 scaling solution for Ethereum. With a Circle Account, businesses can access on/off-ramps for Arbitrum USDC and readily swap USDC across supported chains, avoiding the costs and delays associated with bridging. Developers choose Arbitrum USDC to build on a stable foundation that’s native to Arbitrum and officially supported by Circle.

Many popular apps will be supporting Arbitrum USDC post-launch, such as Aave, Balancer, CamelotDEX, GMX.IO, SushiSwap, Trader Joe, and Uniswap, among others. The Arbitrum Foundation will be working with ecosystem apps to provide a smooth transition of liquidity from bridged USDC.e to native USDC over time. USDC is permissionless and accessible to anyone with an internet connection. As part of a growing multi-chain ecosystem, Arbitrum is the 9th blockchain to support native USDC!