Fast USDC is designed to enhance the process of transferring funds between blockchains, significantly reducing waiting times for transfers from Ethereum and other EVM-compatible networks to the Cosmos ecosystem.
The combination of Agoric’s advanced management system and Noble’s efficient architecture allows Fast USDC to execute transfers at incredible speed—under two minutes, compared to the usual 20 minutes. These fast USDC transactions are transparent and fully managed within the network.
Faster USDC transfers between EVM-compatible networks and Cosmos open up new opportunities for both developers and Web3 users. Now, users can take advantage of faster and more secure transactions for various purposes, whether it’s trading, decentralized finance (DeFi), or other financial operations within the ecosystem.
Additionally, the introduction of Fast USDC makes Cosmos an even more attractive platform for developers, offering them the ability to build more complex and integrated solutions that can interact with multiple networks. This highlights Agoric and Noble’s commitment to innovation, creating infrastructure for quick and secure asset transfers across blockchains, fostering further growth of the Web3 ecosystem and the development of decentralized applications (dApps).
