Korbit Adds USDC Deposit and Withdrawal Support on Arbitrum
On July 28, Korbit announced that it will add support for the Arbitrum network to its deposit and withdrawal options for the US stablecoin USDC (USD Coin).
Previously, Korbit users were able to deposit and withdraw USDC through the Ethereum and Base networks, enabling multichain transactions.
With the addition of support for the Arbitrum network, Korbit users can now deposit and withdraw USDC through three different networks. This is expected to further enhance convenience for users within the blockchain web3 ecosystem.
Recently, Korbit joined the 'Circle Alliance Program,' a partnership initiative by Circle, the issuer of USDC. The addition of Arbitrum network support for deposits and withdrawals marks the first practical collaboration between Korbit and Circle.
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Lee Jungwoo, CTO/CPO of Korbit, stated, "With the addition of this deposit and withdrawal network, usability for users utilizing stablecoins across various blockchains will increase. This is an extension of Korbit's ongoing commitment to 'user-centered innovation.' We will continue striving to bring investors closer to the blockchain ecosystems they actually use."
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