DeFi protocol Moonwell launches cross-chain lending tool 'USDC Anywhere'

The open DeFi lending protocol Moonwell has launched a tool called "USDC Anywhere", which allows individuals to lend Circle's USDC stablecoin to Moonwell through various Ethereum networks. This tool supports detecting USDC in user wallets on networks such as Arbitrum, Avalanche, Base, Ethereum, Optimism and Polygon, and uses Circle's cross-chain protocol to transfer the stablecoin to the platform without manually bridging assets. This allows users to send USDC within the Ethereum ecosystem using their digital assets on Moonwell. USDC Anywhere is supported by Circle's CCTP and Socket.