TechFlow, June 25 — According to an official announcement, Codex now supports native USDC. Codex is building a blockchain specifically designed for stablecoins.
Codex is an Optimism-based Layer 2 blockchain purpose-built for stablecoins, offering a stable fee mechanism and built-in fiat off-ramp capabilities. The project was founded by Haonan Li, a University of Pennsylvania graduate and former employee of Optimism. Co-founders include Victor Yaw from Malaysia's Forest Group family and Momo Ong, formerly a product manager at Meta. In April, Codex raised $15.8 million in a seed funding round led by Dragonfly.
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