Particle Network Unveils All-in-One Digital Asset Infrastructure 'Universal Layer'

Source
Uk Jin

Summary

  • Particle Network announced that it will unveil the 'Universal Layer' infrastructure supporting trading of stablecoins, RWA, and digital assets.
  • It explained that 'Universal Layer' is designed to connect multichain assets and enable on-chain payments within a single account.
  • Circle, the issuer of USDC, will participate as the first partner, and other partners will be announced soon.

Particle Network announced on the 5th that it will unveil Universal Layer, a trading infrastructure for stablecoins (virtual assets pegged to fiat currency), RWA (real world assets), and digital assets.

Universal Layer is built based on the Universal Account currently operated by Particle, and specifically, it is designed to connect multichain assets to a single account and enable on-chain payments.

Meanwhile, Particle has revealed Circle, the issuer of the stablecoin USDC, as the first partner of Universal Layer. Additional partners for Universal Layer are expected to be unveiled sequentially in the coming weeks.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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