launch<\/a> a Cross Chain Transfer Protocol to help “developers build seamless user experiences for sending and transacting USDC natively across blockchains.”<\/p>\n\n\n\nWith the launch of Circle’s Cross Chain Transfer Protocol, developers building wallets, bridges, payment apps, and financial services tools can enable users to send USDC across all major chains.<\/p>\n\n\n\n
“The Cross-Chain Transfer Protocol effectively teleports USDC from one ecosystem to another, maximising capital efficiency and streamlining the user experience.” The statement adds<\/p>\n\n\n\n
The Protocol has been designed to be “composable”, allowing developers and users to seamlessly transfer USDC to support actions such as trading, payments, commerce, and yield generation.<\/p>\n\n\n\n
“The Cross-Chain Transfer Protocol ultimately enables USDC to function as a universal dollar liquidity layer across ecosystems, providing the most capital efficient way to transport value across the crypto ecosystem.” “We are confident this new open-source technology will offer developers a more connected, interoperable platform for USDC and Euro Coin across chains, ultimately allowing them to build the best user experiences,” said Joao Reginatto, VP of Product at Circle.<\/p>\n","protected":false},"excerpt":{"rendered":"
The second largest stablecoin issuer, Circle, is expanding support for USDC across five leading blockchains USDC will now be available on Arbitrum One, Near, Polkadot, Optimism, and Cosmos In addition, the firm has also launched the Cross Chain Transfer Protocol to facilitate smooth interoperability for USDC across all chains. USDC will now be available on five additional blockchains, as per the announcement made by Circle on Wednesday. In addition, the firm is also bolstering efforts to launch a new protocol […]<\/p>\n","protected":false},"author":53,"featured_media":571448,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[826],"tags":[],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/577561"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=577561"}],"version-history":[{"count":1,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/577561\/revisions"}],"predecessor-version":[{"id":577564,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/577561\/revisions\/577564"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/571448"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=577561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=577561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=577561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}