Stargate has enabled a USDC liquidity pool on the Fantom network.

According to official sources, on July 19th, Stargate, a cross-chain bridge based on LayerZero, announced the activation of its USDC liquidity pool on the Fantom network, and the STG reward for this pool has also been launched. Users can now use this cross-chain bridge to transfer USDC across chains. As previously reported by BlockBeats, on July 12th, the Fantom Foundation stated that many LPs, token holders, and users of the Fantom network have been severely affected by the recent Multichain incident. In response, the foundation is taking proactive action to promote diversified cross-chain bridges and liquidity solutions.