Sei, the layer-1 blockchain that launched in August, announced a strategic investment from Circle, the issuer of the USD Coin, as well as the native integration of the popular stablecoin onto its blockchain.
Stablecoins remain an integral part of the plumbing for blockchains, allowing users to have a dollar-equivalent crypto token that operates across applications like exchanges and NFT marketplaces. USDC has been expanding its roster of blockchains, with a push to add new offerings including NEAR and Optimism in August. Sei represents the latest addition.
