SODAX has joined the Circle Alliance, a partner network focused on stablecoin and settlement infrastructure around $USDC. The move gives SODAX a role in discussions around stablecoin standards and infrastructure as regulated digital assets continue to expand.
Circle is the company behind $USDC, a dollar-backed stablecoin used across major blockchain networks. SODAX already supports more than 20 networks, including Ethereum, Solana, Arbitrum, Base, Avalanche, and BNB Chain. $USDC is available across most of these networks, making it a key asset for cross-chain transactions.
SODAX also already uses Circle’s Cross-Chain Transfer Protocol (CCTP). The alliance will therefore build on existing integration rather than start a new technical relationship. The companies plan to deepen the use of $USDC and Circle’s settlement infrastructure across networks supported by SODAX.
SODAX is a cross-chain liquidity and execution platform developed from the ICON Network. It provides infrastructure for wallets, DEXs, and lending protocols to connect with multiple blockchain networks, including Bitcoin and tokenized assets.
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