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Kalshi Introduces Native USDC Deposits on Base Blockchain

Kalshi expands its blockchain deposit options by adding USDC support on Base Layer-2, following Sui and Aptos integrations and aiming for international rollout after the U.S. launch.

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Summary

Kalshi announced native USDC deposit support on Base Layer-2, enabling users to directly fund accounts with the stablecoin via the Coinbase-developed network. This update broadens Kalshi’s multi-chain deposit functionality, which recently expanded to Sui and Aptos networks. The platform plans a gradual international rollout following its debut in the U.S.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle, used for transactions and as a store of value within blockchain ecosystems.
  • Base: A Layer-2 Ethereum scaling network developed by Coinbase, enabling faster and cheaper transactions for decentralized applications.
  • Multi-chain Access: The ability of a platform or protocol to operate across multiple blockchain networks, enhancing connectivity and user options.