Machines Muxing Money
Corey Cooper (@corey__cooper)
Developers, agents, and blockchains all benefit from the new USDC payment standard being introduced to the MPP ecosystem.
Today, a merchant often needs a payer to hold USDC on the same chain where settlement occurs.
With Circle Gateway and xReserve, USDC can become chain-abstracted.
→ Developers can build MPP payment experiences that accept USDC from multiple chains while settling on their preferred destination chain.
→ Agents can pay from wherever they hold USDC instead of bridging funds before every transaction.
→ Blockchains can participate in MPP commerce without requiring merchants and payers to share the same settlement network.
Just like dollars move between banks without consumers worrying about which banking network is used, this standard helps make USDC work across supported blockchain networks.
— https://nitter.net/corey__cooper/status/2069833183319957714#m