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Cryptocurrency exchange — Crypto.com integrates with Solana, an open-source and decentralized blockchain. Solana achieves consensus using Proof-of-Stake (PoS) and Proof-of-History (PoH).
Crypto.com announced the news on its official Twitter (NYSE:TWTR) account, sharing a link to its blog, where the team first shared the announcement. Moreover, the integration will enable deposit and withdrawal of USDC via Solana. This is in addition to ERC20, BEP20, Arbitrum, and the Polygon Network already available on the company’s website and app.
The crypto exchange said,
We’re excited to announce that Crypto.com Exchange now supports deposits and withdrawals on Solana, starting with USDC. More tokens to come soon!
According to Crypto.com, its users can now enjoy faster, cheaper, and safer transfers for USDC stablecoin through the Solana blockchain. In short, users can enjoy reduced fees and faster transfers for deposits and withdrawals of USDC tokens.
The integration aligns with Crypto.com’s mission to accelerate the world’s transition to cryptocurrency.
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