
Another productive month for Reef, July brought measurable community growth, new ecosystem integrations, and a major milestone announcement with $USDC set to launch on Reef Chain. Development teams' advanced testing, business outreach expanded into new regions, and early August updates revealed key timelines for upcoming releases. Hereโs a streamlined look at the monthโs highlights.
July saw steady engagement and growth across the Reef community:
Over 6,000 new wallets were created, driven by on-chain campaigns and new dApp launches.
Discussions in community channels focused on liquidity strategies, upcoming stablecoin integration, and developer onboarding.
Several new educational resources were published, including updated guides for setting up Reef wallets and interacting with ReefScan.
Native $REEF is now supported on KuCoin and Poloniex
The Reef ecosystem expanded as new projects prepared to deploy on Reef Chain:
Four projects began testing smart contracts on Reef Chain testnet, including DeFi lending and NFT marketplace applications.
Two DeFi protocols started integration work to bring yield farming and liquidity pools to Reef Chain.
Reefโs business development team held onboarding calls with developers from three regions: West Africa, Eastern Europe, and Southeast Asia, exploring potential partnerships and hackathon sponsorships.
$USDC Coming to Reef Chain, a key infrastructure milestone announced in July:
Reef confirmed that $USDC will be supported natively on Reef Chain, with integration led by VIA Labs.
Internal testing of $USDC transfers and balance handling began in July to ensure compatibility with existing DeFi infrastructure.
Deployment will enable more stable trading pairs, improved cross-chain liquidity, and easier fiat on/off ramps for users and partners.
Reef Chain became one of the few Substrate-based chains with a dedicated app and full-featured Ledger support.
Includes early August updates!
VIA Labs shared additional $USDC launch details in the first week of August, including expected rollout to supported wallets and dApps in Q3 2025.
A new developer toolkit and API updates were announced in early August to streamline smart contract deployment and indexing.
Discussions with multiple potential partners in the fintech and sports sponsorship sectors advanced, with announcements expected later in August.
July marked clear progress across community growth, ecosystem expansion, and infrastructure upgrades, capped by the announcement of $USDC coming to Reef Chain. With integration work underway and new developer tools launching, the foundation is in place for accelerated adoption in the months ahead. Early August updates have already set the stage for a strong Q3, as Reef continues to expand its capabilities and global reach.
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