Chainlink integrates with Circle’s CCTP protocol for cross-chain USDC transfers

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Cointime2024/01/16 15:34

By:Cointime

Chainlink is integrating Circle's cross-chain transfer protocol (CCTP) with its CCIP system. The company will use CCTP to handle the transfer of the USDC stablecoin across different blockchains. Chainlink stated that utilizing these two technologies will open up new use cases for stablecoins in payments and DeFi. CCTP is available on seven networks: Arbitrum, Avalanche, Base, Ethereum, Noble, OP Mainnet, and Polygon PoS.

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