The Scroll blockchain ecosystem has witnessed significant growth and adoption, showcasing its potential for decentralized finance (DeFi) applications. To further enhance its utility and provide users with additional options, we propose the integration of native stablecoins into the Scroll blockchain protocol.
Specification
The inclusion of native USDT or USDC, issued by Tether and Circle respectively, directly onto the Scroll blockchain, promises to significantly boost adoption of the entire ecosystem. In a landscape where bridges and bridged assets have been frequent targets of attacks, integrating stablecoins native to Scroll offers a safer and more attractive alternative. By keeping liquidity within its own ecosystem, Scroll becomes a more secure and appealing choice compared to its competitors.
Name of the project
Native USDT or USDC on Scroll
Project abstract
The Scroll blockchain ecosystem has witnessed significant growth and adoption, showcasing its potential for decentralized finance (DeFi) applications. To further enhance its utility and provide users with additional options, we propose the integration of native stablecoins into the Scroll blockchain protocol.
Specification
The inclusion of native USDT or USDC, issued by Tether and Circle respectively, directly onto the Scroll blockchain, promises to significantly boost adoption of the entire ecosystem. In a landscape where bridges and bridged assets have been frequent targets of attacks, integrating stablecoins native to Scroll offers a safer and more attractive alternative. By keeping liquidity within its own ecosystem, Scroll becomes a more secure and appealing choice compared to its competitors.