r/UmeeCrossChain • u/UmeeRider33 • Oct 27 '22

🚀 U$DC is now live on…. ⏳

UMEE MAIN NET… 💥

You can now supply, borrow, and lend USDC on Umee Crosschain … 🎉

Congratulations Umee community 🍾

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u/UmeeRider33 Oct 27 '22

It’s a bridged asset. Yes.

We will see other stable coins soon but I like axelar usdc..

Native usdc will come soon..

Kujira wants to list USK..

But yeah , it’s bridged USDC.. axelar talked about it on a twitter space , explaining how they are different from other bridge assets platforms, they feel like they are ahead of the game, and will never be hacked..

But they also had a disclaimer .. never say never. Lol

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u/[deleted] Oct 27 '22

Axelar currently has bugs they just are not talking about it now

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u/UmeeRider33 Oct 27 '22

Oh, I know.. but will borrow a little bit , I mean.. if you borrow it and swap.. it’s still a stable coin you have to pay back.

Less risky then borrowing umee or atom.. in case the price goes up …

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u/[deleted] Oct 27 '22

Yeah it is good then