Wrapped USDC (USDC) is now available on Reef Chain, thanks to the successful integration with VIA Labs, unlocking a stable, interoperable asset for developers and users alike. Get wrapped USDC on Reef at https://reef.protousd.com/.

This marks a major step forward in Reef’s roadmap toward a more liquid, scalable, and dApp-ready ecosystem.

Stablecoins like USDC are essential infrastructure for serious Web3 activity. With wrapped USDC now deployed on Reef Chain, builders gain access to a reliable, dollar-pegged asset that makes new use cases possible:

• Borrowing and lending protocols

• On-chain payroll and income streaming

• Payments for services and DAO tooling

• Stable pricing for NFT marketplaces and in-game economies

This means developers can finally bring stable-value DeFi to Reef, and users can interact with dApps without worrying about token price volatility.

Reef is now directly connected to Avalanche through VIA Labs’ ProtoUSD protocol (which leverages Circle’s Cross-Chain Transfer Protocol, or CCTP). Avalanche acts as the main gateway for USDC moving in and out of the Reef ecosystem. With over 750 million USDC on Avalanche and low fees, it was the clear choice for fast, scalable cross-chain transfers.

Avalanche plays a key role in the multi-hop flow, acting as the main liquidity hub for USDC into Reef. Using ProtoUSD, USDC moves through Avalanche before reaching Reef, taking advantage of its instant finality  and low fees. This setup ensures transfers are fast, efficient, and low-cost.

Stable liquidity is a cornerstone of TVL growth. With wrapped USDC now on-chain, we expect:

• Higher Total Value Locked (TVL) across the Reef ecosystem

• More advanced DeFi applications to emerge and scale

• Easier onboarding for Web2 users who want price-stable assets

• A new generation of apps like payment rails, DAO funding tools, and games

This move opens doors for Web3 builders to bring their dApps to more users and engage with new-to-Reef stablecoin holders

You can access wrapped USDC on Reef Chain via:

• reef.protousd.com — bridge in your USDC

• Reef apps and wallets — soon integrated into dApp interfaces

• ReefSwap — for trading USDC pairs natively

• Contract address: 0x7922d8785D93E692bb584e659b607Fa821e6a91a

As usage grows, we expect to see USDC deployed across dApps, liquidity pools, lending protocols, and more.

Wrapped USDC gives Reef Chain the stable foundation needed to support serious dApps — from DeFi and payments to NFTs and beyond.

This is just the beginning. With more bridges, more assets, and more use cases on the horizon, Reef is quickly becoming a full-spectrum Layer 1 for real-world blockchain applications.

Start building. Start transacting. Start exploring — with stablecoin support now live.

reef.io