The EVM RPC and ckUSDC stablecoin were introduced on May 22 by the DFINITY Foundation, well-known for its work on the Internet Computer blockchain.
The advancements will promote blockchain interoperability and increase the ecosystem’s use of decentralized finance, or defi. Lomesh Dutta, VP of Growth at DFINITY said:
“Reaching the Tritium milestone with the EVM RPC enables Internet Computer smart contracts to read and write to any blockchain supporting the Ethereum JSON-RPC protocol”
JavaScript Object Notation-Remote Procedure Call, or JSON-RPC, is a coding protocol that allows commands to be sent and results to be received consistently across various operating systems while using JSON, a lightweight data format, to encrypt messages.
With the latest news, DFINITY’s EVM RPC makes it easier to create multi-chain dApps by enabling direct communication with blockchains like Base, Arbitrum, and Optimism.
Developers can add more EVMs as needed. DFINITY hopes to strengthen blockchain interoperability and liquidity by introducing these solutions and fostering community collaboration.
Early adopters, including Helix Markets and IC Lighthouse, have provided feedback highlighting its potential to streamline operations and facilitate network connectivity.
Additionally, DFINITY unveiled ckUSDC, a stablecoin embedded into the Internet Computer network and closely correlated with USDC. As a “twin token,” ckUSDC provides the standard stablecoin features—faster transactions, lower costs, and the ability to operate as a store of value and medium of exchange (ICP).
Trading pairs such as ckBTC/ckUSDC, ckETH/ckUSDC, and ICP/ckUSDC are supported, allowing for safe transfers between several chains. DFINITY allows community proposals for more ERC20 twins on the Internet Computer network to promote the adoption of ckUSDC among developers and consumers.