Burnt, a layer-2 scaling solution backed by Animoca and Multicoin, has announced the launch of Xion, a layer-1 blockchain protocol. According to an October 5 tweet on X (formerly Twitter), Burnt noted that Xion is the first blockchain protocol to adopt the Circle-backed USDC stablecoin as its primary currency for transactions. With this stablecoin, users of the blockchain network can pay for gas fees. ... Read More: Burnt Announces Mainnet Launch With USDC Native Currency Support