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Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency

March 7: Burnt Banksy announced the launch of XION’s mainnet, “the first blockchain purpose-built for mainstream adoption and the first to use USDC, a fully-reserved digital dollar, as its primary transactional currency,” according to the team: “The announcement was made as part of Burnt’s exclusive performance in New York, during which the founder lit himself on fire and subsequently set XION aflame, symbolizing a new light for the crypto industry.”

Image shared by a rep of Burnt Banksy's performance at XION blockchain launch in Brooklyn on Wednesday. (Burnt Banksy)
Image shared by a rep of Burnt Banksy’s performance at XION blockchain launch in Brooklyn on Wednesday. (Burnt Banksy)

Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here. Also please check out our weekly The Protocol podcast.

Edited by Bradley Keoun.

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