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Stargate Integrates Circle’s CCTP to Enable USDC Transfers

Stargate, a cross-chain liquidity protocol, has integrated Circle’s Cross-Chain Transport Protocol (CCTP), allowing users to transfer native USDC seamlessly between multiple blockchain networks.

The upgrade supports USDC transfers across Ethereum, Arbitrum, Avalanche, Solana, Aptos, Base, Polygon, and Optimism without relying on traditional wrapped assets or third-party bridges, according to a recently published announcement.

CCTP ensures that USDC moves between chains and maintains 1:1 capital efficiency, reducing risks and inefficiencies associated with fragmented liquidity.

By leveraging Circle’s protocol, Stargate enhances its interoperability and expands its role in the cross-chain ecosystem. The integration enables users to move USDC across supported chains without conversion losses or dependency on centralized intermediaries.

Circle Keeps Bolstering USDC Ecosystem

The development reflects the growing demand for more efficient cross-chain transactions, particularly as decentralized finance (DeFi) applications seek to improve user experience and liquidity mobility. It is the latest move from Circle to boost the use of USDC.

The stablecoin – currently the second-largest market capitalization behind Tether’s USDT – was also bolstered earlier this year after the fintech firm acquired a $1.5 billion real-world asset manager, Hashnote.

The firm announced its plan to fully integrate Hashnote’s yield-bearing token USYC with USDC to provide seamless access between TMMF [tokenized money market fund] collateral and USDC, one of the world’s most popular stablecoins. This move aimed to position USYC as a preferred form of yield-bearing collateral on crypto exchanges and with custodians and prime brokers.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

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