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Burnt Launches Xion Blockchain With USDC as Primary Token

Burnt, a Web3 foundry, has announced the public launch of its testnet for XION, the first layer-1 blockchain built for consumer adoption. According to a message from the team: "The Company also announces a prior strategic investment from Circle Ventures, the venture capital arm of Circle, a global financial technology firm and issuer of USDC. XION will be the first blockchain to use USDC, a fully-reserved digital dollar, as its primary transactional currency. All products built on XION will display prices in USDC, eliminating one of the key technical barriers. In addition to this, all transactions on XION are gasless." $USDC.

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