Qredo, a firm that provides secure storage for cryptocurrencies, has integrated the popular USDC stablecoin into its non-custodial wallet service.
USDC is a digital currency that is pegged to the US dollar and can be used across multiple blockchain networks.
This integration makes it easier for users to access and use USDC, which is vital for many decentralized applications and protocols.
It also solves the problem of paying gas fees, which are the costs of executing transactions on blockchains like Ethereum.
With Qredo, users can pay gas fees with USDC on any blockchain, making them more intuitive and convenient.
As per a blog post, Qredo’s integration of USDC is powered by a combination of technologies, including:
- Circle’s cross-chain transfer protocol, which allows users to mint, redeem, and transfer USDC across different blockchains.
- Etherspot, a software that simplifies web3 transactions and reduces friction.
- QSign, an open source payment system developed by Qredo that enables fast and secure transfers of digital assets.