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Circle unveils USDC Bridge for native cross-chain stablecoin transfers

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 290 Views

Circle unveils USDC Bridge for native cross-chain stablecoin transfers

The USDC Bridge adds to Circle's Cross-Chain Transfer Protocol, which often sees over $500 million worth of USDC transfers each day.

Stablecoin issuer Circle has launched USDC Bridge, a new user interface built on top of the Cross-Chain Transfer Protocol (CCTP) that seeks to simplify native cross-chain transfers of the USDC stablecoin.

On Friday, Circle’s USDC X account said the bridge allows users to move the USDC (USDC) stablecoin in a “predictable, transparent way,” citing a native burn-and-mint transfer mechanism and no bridge complexities.

Gas fees will be handled automatically, fees will be shown up front and live status updates will be provided throughout the transfer, Circle added.

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