That's my understanding yes, but the design will need additional scrutiny before it's ready for governance imo, so it could change.
Quickly take a look https://viwem.com/
hello , now i want use USDC to pay service on Akash network ,i need buy $AKT token and burn AKT to USDC or i buy USDC on CEX and tranfer to wallet for use Akash service
So the USDC which is approved is Axelar USDC, meaning you will need to buy it there and then IBC to Akash
no need burn $AKT to USDC ,right? i see video " Akash Weekly: Testnet 3, Week 1 Challenges" on 2022 ,and Greg say need Burn AKT to mint USDC
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