Binance Integrates Sonic Network for Faster and Secure USDC Deposits

Binance, a prominent cryptocurrency exchange, has launched a new integration with the Sonic network, allowing for quicker and more efficient USDC deposits. This innovation bypasses traditional token issuance methods by utilizing Sonic’s network to assign unique deposit addresses and leverages a specialized smart contract developed by Sonic Labs. The introduction of this system comes in response to growing demand for faster and cost-effective blockchain transactions.