Circle Ventures, the investment arm of USDC stablecoin issuer Circle, has made a strategic investment in Layer 1 blockchain Sei. This investment includes go-to-market advice for Circle’s stablecoin infrastructure. The integration of USDC into Sei’s platform will provide developers and entrepreneurs with access to fast and instantaneous transaction settlements. This partnership will also enhance cross-border transactions and liquidity for users and developers on the Sei network. Sei, which recently launched its mainnet, has already raised significant funding from various investors. The expansion of USDC continues, with the stablecoin recently being integrated into the Ethereum layer 2 network Optimism. This allows for institutional on and off-ramps to and from the platform. The collaboration between Circle and Sei aims to create new use cases for USDC and leverage Sei’s scalable infrastructure. Stablecoins like USDC are becoming increasingly important for the growth of the crypto industry.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	1
People	Samy Karim
Companies	Circle Ventures, Layer 1 blockchain Sei, Bitget, Multicoin Capital, Jump Crypto, USDC, Foresight, Sei Foundation
Currencies	USDC
Securities	None