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Articlestellar.orgCaroline Young4y ago

Newton goes multichain with Stellar USDC

Newton, a Canadian crypto trading platform with 450,000 users, now supports USDC deposits and withdrawals on Stellar, offering near-zero transaction fees and instant settlement alongside multichain USDC support.

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Lumen Loop's take

Newton, a Canadian crypto exchange founded in 2018, has integrated USDC on Stellar into its platform, enabling users to deposit and withdraw USDC with near-zero transaction fees and near-instant settlement. The integration adds multichain support, allowing users to move seamlessly between Stellar and other blockchain implementations of USDC like Ethereum. Newton's low-cost spreads combined with Stellar's transaction efficiency create an affordable on/off ramp for Canadian users. The move reflects broader efforts to increase USDC accessibility on Stellar and expand opportunities for fintechs, wallets, and developers building cross-border solutions.

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