Jeremy Allaire, Circle's Co-founder, Chairman, and CEO, hinted that native USDC would launch on the SUI ecosystem. An official ambassador of the SUI network, Edle, confirmed that many users hesitated to bridge USDC or USDT from Ether to SUI due to slow speeds and high gas fees. The SUI network ambassador asserted that native USDC eliminated the need for wrapped tokens (wUSD) or cross-chain transactions.
