SwissBorg Integrates Direct USDC Deposits with Arc Network, Reducing Bridge Fees by Up to 25%

Cryptocurrency finance platform SwissBorg has officially launched support for direct USDC deposits on the Arc Network, a blockchain dedicated to stablecoins. Previously, users had to rely on third-party bridges like Playground Bridge when depositing USDC onto the Arc Network, incurring premium fees of up to 25%. With this integration, SwissBorg now offers a direct on-ramp solution without requiring additional bridge procedures.

The Arc Network is an L1 blockchain built on the Circle ecosystem, allowing users to pay gas fees directly with USDC instead of volatile gas tokens.