SwissBorg Bypasses 25% Fees on Arc Network with USDC Integration
SwissBorg has integrated native USDC deposits on Arc Network, bypassing third-party bridges that charged up to 25% fees. This move is significant for users who want to send stablecoins directly onto Arc without incurring costly bridge fees.
The previous main route, PlaygroundBridge, charged a dynamic fee between 3% and 25% on inbound USDC transfers to Arc. With SwissBorg's direct deposit integration, users can now avoid this intermediary altogether.
Arc Network is built as a stablecoin-native network, using USDC as its gas token to eliminate exposure to volatile native gas tokens. This design sidesteps the problem of constant price swings on the gas side for people who only want to move stable-value funds.