Qredo, a Cryptocurrency Custodian, Successfully Integrates Circles USDC Stablecoin

Qredo, a Cryptocurrency Custodian, Successfully Integrates Circles USDC Stablecoin


Qredo Launches Toolkit for Seamless USDC Transactions Across Multiple Networks

Qredo has introduced a new toolkit that allows for seamless transactions with USD Coin (USDC) across multiple blockchain networks. The toolkit combines Circle’s cross-chain transfer protocol, Etherspot’s web3 transaction software, and Qredo’s open source payment rails called QSign. This integration with Circle’s USDC APIs enables institutions to easily bring millions of dollars into the crypto space and hold the assets in their non-custodial Qredo wallets. The toolkit also offers a “gasless” transaction experience, providing certainty and predictability in terms of gas costs. This feature is particularly beneficial for CFOs, as it allows them to use USDC as the ultimate gas token on any blockchain. Qredo’s toolkit streamlines the process of engaging with blockchains and enhances the user experience.

Hot Take: USDC Becomes the Ultimate Gas Token with Qredo’s Toolkit

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Qredo’s new toolkit revolutionizes the world of cryptocurrency transactions by enabling seamless and efficient use of USDC across various blockchain networks. With the integration of Circle’s cross-chain transfer protocol and Etherspot’s web3 transaction software, institutions can easily bring significant amounts of funds into the crypto space and store them securely in non-custodial Qredo wallets. Moreover, the toolkit offers a “gasless” transaction experience, providing certainty and predictability in terms of gas costs. This feature is highly advantageous for CFOs, as they can now utilize USDC as the ultimate gas token on any blockchain. Qredo’s toolkit not only simplifies the process of engaging with blockchains but also enhances the overall user experience, making it a game-changer in the crypto industry.

Author – Contributor at Lolacoin.org | Website

Cora Skindell is a standout figure in the world of cryptocurrency analysis, research, and editorial expertise. As a seasoned crypto analyst and researcher, Cora’s insights delve deep into the complexities of digital assets, resonating with a diverse audience. Her ability to dissect intricate crypto concepts is complemented by her adept editorial skills, enabling her to distill complex information into easily understandable content.