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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

Sonic Labs launches native stablecoin USSD using Frax infrastructure

Sonic Labs has launched USSD, a native stablecoin using Frax infrastructure, The Block reported on March 9 local time. The Block said USSD is backed by tokenised U.S. Treasuries from BlackRock, WisdomTree and Superstate and will provide liquidity within the Sonic network. Built on Frax Finance’s modular backend, USSD can be issued directly on more than 10 chains via cross-chain LayerZero and can be converted with Circle’s USDC.

Crypto

Doppler token launch platform expands to Solana, redesigned from scratch

Doppler, a token launch platform on Ethereum-based Layer 2 Base, is expanding to Solana, The Block reported on Wednesday. The move comes as EVM-based projects continue to look to expand into the SVM ecosystem. Doppler said its Solana version is native and rebuilt from scratch to reflect Solana’s architecture, constraints, programming model and economic structure. The Block data show Solana leads new token activity, with Base ranked second.