Trade SODA on Kraken August 14.
Trade SODA on Kraken August 14.
SODAX has joined the Circle alliance, the partner network around Circle's stablecoin ecosystem, including USDC, and its settlement infrastructure.
SODAX has joined the Circle alliance, the partner program around the issuer of USDC and the broader Circle stablecoin and settlement stack.
Stablecoin settlement is one of the largest cross-network use cases on the road. USDC is already live across most of SODAX's 20+ integrated blockchain networks. Sitting inside the Circle alliance puts SODAX inside the conversations that shape how regulated stablecoin flows move next.
Day one focus: deeper integration of USDC and Circle's settlement primitives across blockchain networks via SODAX execution, and joint product surfaces where they make sense for partner applications.
SODAX has joined the Circle alliance, the partner network around Circle and its stablecoin and settlement infrastructure.
Alongside The Hashgraph Association Alliance membership, this brings SODAX into two distinct rooms, joining the ecosystem-level conversations that govern where serious cross-network finance will be built next.
The alignment with Circle is the more obvious of the two. USDC is the most-distributed regulated stablecoin in DeFi. It is live on Ethereum, Solana, Arbitrum, Base, Avalanche, Polygon, BNB Chain, Optimism, Sui, NEAR, Stellar, and most of the rest of SODAX's 20+ integrated networks. Anywhere money moves across blockchain networks in the SODAX system, USDC is one of the assets moving.
Stablecoin settlement is becoming the default fabric for cross-network financial action, and Circle is the gravity centre of the regulated stablecoin world. CCTP (Circle's Cross-Chain Transfer Protocol) is already one of the messaging routes SODAX integrates against. Joining the alliance develops on our existing working relationship to ensure that our team is in the room when standards evolve and new developments open up.
SODAX is infrastructure for modern money. A cross-network execution and liquidity system spanning 20 networks, including native Bitcoin and tokenized equities (xStocks). Wallets, DEXs, and lending protocols integrate the SODAX SDK to ship cross-network features faster and extend their reach to every network SODAX touches.
The brief for the next twelve months is the same as it has been: be the cross-network execution system that any serious modern-money product can build on, including the products that have to clear an enterprise or regulatory bar. Alliance membership is one of the ways we can ensure that work shows up publicly.
We are looking forward to what Circle and SODAX can do together for the partner applications building on cross-network execution.
To learn more about SODAX and what the execution system can bring to your DeFi product, you can find our website at sodax.com, or head straight to the documentation at docs.sodax.com.