An overview of what is happening in the crypto markets, summarised daily by Crypto Finance AG Senior Trader Patrick Heusser in the market commentary.
Market commentary
Good Morning!
Today, we bring you another short market commentary to end the week.
USDC, one of the regulated and audited US dollar stablecoins, took another step forward for further adoption:
Update on USDC transactions
They have tackled the issue of you needing ETH in your wallet to move ERC20 tokens around (like with USDC) due to the transaction fees (GAS) that must be paid.
Now, you can transfer your USDC without ETH. The newly added function will deduct or add the fee to the native token amount (i.e. in USDC). This process is done in the background without you even noticing when the USDC and ETH swap occurs.
To read the full news, click here or on the image below.
