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Home ยป Internet Computer Introduces Sepolia, a ckERC20 Token Standard ICP Version of USDC
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Internet Computer Introduces Sepolia, a ckERC20 Token Standard ICP Version of USDC

By adminMay. 5, 2024No Comments1 Min Read
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Internet Computer Introduces Sepolia, a ckERC20 Token Standard ICP Version of USDC
Internet Computer Introduces Sepolia, a ckERC20 Token Standard ICP Version of USDC
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Internet Computer has introduced ckUSDC Sepolia, an ICP version of the USDC token in the ckERC20 token standard. The testing version of the ckETH minter on Internet Computer’s mainnet has been upgraded to include the Sepolia version of the USDC token. Users can obtain Sepolia ETH and Sepolia USDC from various online faucets and use them to mint ckETH and ckUSDC. It is important to note that while ckETH is not required to deposit USDC, it is necessary to withdraw ckUSDC and receive USDC back. The ckSepoliaETH minter will use a portion of the ckSepoliaETH for transfer transactions on the Sepolia testnet. Developers interested in supporting conversions between ERC20 and ck-twin tokens are encouraged to start experimenting with ckUSDC. The project is still in development, so users may encounter bugs and the canister’s state may reset upon upgrades. Currently, there is no user-friendly front-end available, so users should be comfortable using dfx calls. Internet Computer previously launched an upgrade to expand support for all canister smart contracts, allowing users to hold and transfer ICP tokens. DFINITY aims to integrate the Bitcoin network with the Internet Computer using Chain Key cryptography.

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