Binance Utilizes Sonic Network for Faster USDC Deposit Access

Binance has launched a new integration with the Sonic network, streamlining USDC deposits for users. This innovation allows users to fund their accounts with USDC directly on the Sonic network without direct issuance by Circle. The system utilizes a dedicated smart contract managed by Sonic Labs, creating a distinct asset variant that operates within the Sonic ecosystem. This move comes at a time when users are increasingly seeking faster and cheaper blockchain transactions.