Updates

Apr '24 Newsletter

Have you been keeping up with us? Plenty of exciting stuff happened in March here at Fantom.

We're rewriting the decentralized playbook with the launch of Sonic, and we just announced our new canonical stablecoin, USDC.e.

Learn more about this news and much more below.

USDC.e — Fantom's canonical stablecoin

We're excited to announce the launch of Fantom's canonical stablecoin, supported by Circle and Wormhole.

Wormhole's bridged stablecoin, USDC.e, is backed by USDC and holds the potential to be upgraded to native USDC in the future by Circle. It will be the official, endorsed stablecoin of the Fantom ecosystem.

Unveiling Sonic's Launch and Beyond

Michael Kong published a detailed letter to share the future roadmap of Fantom. Sonic will be used to create a new best-in-class shared (decentralized) sequencer for L1 and L2 chains, capable of 180M daily transactions at sub-second finality.

This will serve as the foundation to relaunch Fantom as an entirely new community-centric brand.

The latest news in Fantom

Michael Kong at ETHDenver 2024
At ETHDenver 2024, Michael Kong, CEO of the Fantom Foundation, held a keynote speech to share more about the future of Fantom, including Sonic technology and its real benefits to builders.

Liquid staking on Fantom in 2024
We released an updated article on Fantom liquid staking. Learn how to use Ankr and Beethoven X to stake your FTM and still use them across your favorite DeFi apps to maximize their productivity.

Sonic Closed Testnet Performances
As we prepare for the Sonic mainnet, we revisited the closed testnet's incredible performances: 2,000 TPS (1s TTF) with realistic traffic, 4,000 TPS (1.3s TTF) with ERC-20 swaps, and 10,000 TPS (1.6s TTF) with ERC-20 transfers.

Reflexivity Fantom Q1 2024 Report
Reflexivity released its latest report on Fantom and focused on our exemplary record of 99.9% uptime, representing a significant leap forward in the quest for a more efficient, secure, and scalable blockchain network.

Fantom at Paris Blockchain Week
We're delighted to welcome you for drinks & canapés at our Fantom Vibe event on April 9 following Michael Kong's talk at Paris Blockchain Week. Relax to music with River Seine views and mingle with the Fantom team. Get your tickets!