Search results for CCTP
Crypto
Circle unveils \'USDC Bridge\' for 1-to-1 transfers of native USDC between chains
Circle has unveiled an official cross-chain transfer service, \'USDC Bridge\', to move native USDC between blockchains. The service is based on Circle\'s Cross-Chain Transfer Protocol, or CCTP, and transfers tokens using a 1-to-1 burn-and-mint method rather than wrapped or synthetic versions. Circle said fees are shown in advance and transfer status can be tracked, while destination-chain gas exchange is handled automatically.
Crypto
Circle steps up push in South Korea, fuelling hopes for won-backed stablecoin
Circle CEO Jeremy Allaire (제레미 알레어) visited South Korea and met major financial groups and crypto exchanges, lifting expectations for won-backed stablecoins and related infrastructure cooperation. Shares linked to stablecoins rose sharply on April 14. Analysts said stablecoins connect broadly to payments, authentication, settlement, wallets and trading infrastructure, and that Circle may pursue cooperation on expanding USDC distribution and building infrastructure including CCTP.
Crypto
Circle pushes EURC to step up UK push as debate grows over why it gained early lead
Circle is expanding its influence in Europe’s stablecoin market with its euro-backed stablecoin EURC, prompting debate over whether the gains reflect product competitiveness or regulatory and policy shifts. DeFi analyst Ignas calls it “Europe’s failure” and says Circle benefited from MiCA, claiming it secured licensing and rapidly lifted market share. He also links the trend to digital euro discussions and argues Circle is pursuing a similar approach in the UK. Critics also question Circle’s response to a Solana-based Drift Protocol hack.
