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YFI Founder: USDT and USDC Will Soon Be Available on Layer Two

There has been a lot of effort in the crypto industry in recent weeks to alleviate some of the costs and times of transacting on the Ethereum network.

Stablecoins, which make up a huge chunk of those steep fees, could all switch to Layer 2 for some relief, according to one industry expert.

Yearn Finance founder, Andre Cronje, has suggested that USDC and USDT will soon be available on Layer 2 as stablecoins make the transition away from Ethereum.

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