Odaily Planet Daily reports that the cryptocurrency infrastructure company Zerohash has announced added support for the Monad blockchain and USDC on its network, aiming to promote the further application of stablecoins in payment scenarios.
With this integration, Zerohash clients can directly build and deploy stablecoin-based payment services without needing to set up blockchain infrastructure or obtain related licenses. Application scenarios include real-time fund deposits, cross-border payments, inter-company settlements, and on-chain commercial payments. Its clients include prediction market platform Kalshi, human resources platform Gusto, and trading platform Public.
The Monad Foundation stated that the network features high performance and near-instant finality, which helps facilitate the large-scale adoption of stablecoin payments. Zerohash also noted that although the Ethereum ecosystem still accounts for the majority of stablecoin activity, as stablecoins gradually enter the payment and settlement fields, the usage of other Layer 1 and Layer 2 networks continues to grow.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Maji deposited 100,000 USDC into HyperLiquid to increase the ETH long position, currently with a floating profit of over $200,000.
Foresight News reports that, according to Onchain Lens monitoring, Magji deposited 100,000 USDC into HyperLiquid to increase its ETH long position (25x leverage), currently with an unrealized profit of over $200,000.
GateNews7h ago
Apollo Crypto will manage the USDC-pegged tokenized strategy mEVUSD
Apollo Crypto announces the launch of the mEVUSD tokenized yield strategy product, in collaboration with Everstake and Midas, aiming to generate returns from idle stablecoins. Apollo will be responsible for managing the portfolio and reducing market risk through DeFi protocols.
GateNews10h ago
Oil prices surge, interest rate cut expectations cool down! Circle benefits as the target price breaks $100
U.S. stablecoin giant Circle recently surged nearly 8% in stock price, hitting a four-month high, due to soaring oil prices and a cooling of interest rate cut expectations. Mizuho Securities raised its target price to $100, while maintaining a "Neutral" rating, but became more optimistic about profit prospects. Analysts believe that if the Federal Reserve continues to keep interest rates high, Circle's revenue will benefit accordingly, but market competition and regulatory pressures should still be watched carefully.
区块客13h ago
On-chain EWY's largest long position hit the rebound of the Korean stock market, with a return on holdings reaching 115%
On the Hyperliquid platform, the largest long whale holding the iShares Korea ETF mapping contract cash: EWY successfully turned a profit, with unrealized gains reaching $310,000, a position size of $6.42 million, and an average price of $126. After a rebound, EWY's price this morning rose to $134, a 6% increase.
GateNews19h ago
Circle has minted 2 billion USDC over the past 2 days
Odaily Planet Daily reports that, according to Lookonchain monitoring, stablecoin issuer Circle has minted 2 billion USDC in the past 2 days.
GateNews03-04 16:16