Space-Time Streamlines USDC Transactions in ZK Coprocessing Operation, Facilitating Wider Access to Verifiable On-chain Computations using USD Coin Payments
Space and Time, the blockchain for ZK-proven data, has announced the integration of USDC, a leading, fully-reserved global stablecoin, on its network. This integration follows Space and Time's recent mainnet launch.
According to Scott Dykstra, Co-Founder of Space and Time, this milestone is a significant step forward for the SXT ecosystem. He stated, "USDC integration enables smart contract developers to pay for zero-knowledge (ZK) coprocessing workloads on Space and Time, opening up new possibilities for building onchain applications that integrate verifiable data from multiple sources."
Space and Time is optimized to prove SQL database queries over millions of rows of data, making it an ideal platform for developers who wish to build more intelligent, data-rich applications with verifiable data. The platform is powered by Proof of SQL, the first sub-second ZK coprocessor.
USDC is an internet-native, fully-reserved, regulated digital dollar that leverages blockchain networks for near-real-time, low-cost global transactions. It is issued through Circle's regulated affiliates and can be used for business, development, and individual transactions. To learn more about USDC, visit USDC.com.
Brian Schultz, Vice President of Circle Ventures, expressed his excitement about USDC living on Space and Time. He said, "This integration brings a new level of utility to USDC, enabling developers to build powerful applications on Space and Time's high-performance, verifiable compute platform."
Space and Time Foundation has also announced its support for USDC on the Space and Time network. The foundation's ongoing efforts aim to simplify developer workflows while scaling access to high-performance, verifiable compute.
For more information about Space and Time, visit their website or email [email protected]. To learn about Circle's regulatory authorizations, visit Circle's Licenses page. USDC payments on the Space and Time network are automatically converted into SXT, the network's native token.
As of now, there are no specific public records in the provided search results about companies that have made investments in the startup "Space and Time." However, the integration of USDC is a testament to the growing interest and adoption of the platform in the blockchain industry.
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