avatar

$USDC Cross-Chain Transfer Protocol (CCTP) Live on Arbitrum

$USDC Cross-Chain Transfer Protocol (CCTP) Live on Arbitrum

Circle announced that Cross-Chain Transfer Protocol (CCTP) is now live on Arbitrum, which enables direct transfers of native $USDC among Ethereum, Arbitrum and Avalanche.

CCTP allows $USDC cross-chain transfer through a burn-and-mint mechanism, removing the need to lock up liquidity. Circle has launched native $USDC on Arbitrum on June 8th. Now, the official Arbitrum bridge provides access to the ecosystem apps that support CCTP, including Celer cBridge, Interport Finance, LI.FI, Router Protocol, O3 Swap, WanBridge and Wormhole.

Related: Circle Launches Cross-Chain Transfer Protocol (CCTP) between Ethereum and Avalanche

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Cross-Chain

Arbitrum

Circle

Stablecoins

In This Article

Related News
Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem
Total stablecoin market cap tops $200 billion as onchain lending yields surge Total stablecoin market cap tops $200 billion as onchain lending yields surge
Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach
Circle is launching USDC on Sui, marking its 15th network integration Circle is launching USDC on Sui, marking its 15th network integration
Stablecoin market cap hits new all-time high amid 11 months of growth Stablecoin market cap hits new all-time high amid 11 months of growth
Latest News More More
1 Day Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
1 Day Ago Fetch.ai launches $10M accelerator for AI agent startups
1 Day Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
1 Day Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
2 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open