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Circle Introduces Native USDC, EURC, and CCTP Support on Plasma

Circle has launched native USDC and EURC tokens on the Plasma blockchain, along with the Cross-Chain Transfer Protocol (CCTP), enabling seamless cross-chain transfers of Circle-issued dollar and euro tokens.

AS1 NewsSource: thedefiant.io

usdceurccctpcross-chainlayer-1
XPL$0.0807+0.44%EURC$1.15-0.37%USDC$0.9998+0.00%

Circle has announced the deployment of native USDC and EURC tokens on the Plasma blockchain, expanding their availability beyond existing chains. This deployment includes support for the Cross-Chain Transfer Protocol (CCTP) and Bridge Kit, which facilitate the movement of USDC and EURC across multiple supported blockchains. The integration aims to provide developers and users with first-party access to Circle-issued dollar and euro tokens, enhancing interoperability within the crypto ecosystem. The deployment on Plasma marks a significant step in enabling efficient cross-chain transfers and expanding the utility of Circle's stablecoins. The mainnet launch details and technical specifics are available through Circle's official channels.

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The deployment enhances cross-chain interoperability for Circle's stablecoins, potentially increasing their utility and adoption across different blockchain ecosystems.