Synthetix launches wrapper on Optimism to convert USDC to sUSD, capped at $70 million

2024-11-27 08:16:36 129 days ago CoinRank

CONTENT

CoinRank News: Synthetix announced on X that it has launched a wrapper on Optimism that converts USDC to sUSD, with a cap of $70 million and zero fees, to make conversion to sUSD easier. The upgrade includes two key changes: • Deployment of a USDC wrapper with a cap of $70 million; • Once major integrators implement support for the new USDC wrapper, the USDe wrapper will be phased out (with a cap reduced to zero).

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