DeFi· ★★★· bullish·

SwissBorg adds direct USDC deposits on Arc network without bridges

  • Third-party bridges charged 3% to 25% for inbound USDC to Arc
  • Arc uses USDC as its gas token, with no separate native asset
  • The network supports EURC, USYC, and ERC-4337 account abstraction
  • SwissBorg previously supported USDC on seven major networks
Why it matters: A direct on-ramp lowers entry costs to Arc and expands distribution of Circle's stablecoin network among European retail investors.
Source: Crypto Briefing