Home Blog1win Expands Crypto Capabilities with USDC on Solana Amid New Initiatives

1win Expands Crypto Capabilities with USDC on Solana Amid New Initiatives

by Sienna Marques
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1win has enhanced its cryptocurrency offerings with the introduction of USDC deposits and withdrawals through the Solana network. This move is part of the company’s ongoing efforts to expand the use of digital assets across its services, alongside the imminent launch of the 1win Token.

Users now have the option to deposit and withdraw USDC using the Solana network, with these services available in all regions supported by the platform. This integration allows users to transfer stablecoins to and from the platform while taking advantage of Solana's fast and cost-effective infrastructure.

Deposits in USDC via Solana begin at 5 USDC, while SOL deposits are permitted from approximately 0.0099353 SOL, which is roughly equivalent to $1, based on the threshold calculation. These deposit requirements are among the lowest currently offered by 1win.

In addition to its crypto enhancements, 1win is preparing for the upcoming Token Generation Event (TGE) for 1win Token on Solana. Further updates regarding the TGE and token listing will be shared through the project’s official channels, particularly the @1winToken account on X (formerly Twitter).

1win is also participating in a fundraising initiative led by the Solana Foundation in response to severe flooding in Nepal on August 26. The campaign utilized Solana’s official X account as a charity auction profile, segmented into nine zones for logo placements available for bidding by companies and Web3 projects. The auction successfully raised $166,946.50 for emergency relief efforts with 1win contributing $16,276, securing itself the Top Center placement as the second-largest donation. Furthermore, 1win has provided additional support to on-the-ground relief through donations to Mountain Heart Nepal.

With the integration of new payment options and involvement in humanitarian efforts, 1win continues to broaden its footprint in the cryptocurrency landscape, with more announcements expected as the TGE for 1win Token approaches.

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