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Circle Outlines Plan to Extend CCTP Cross-Chain Protocol to Non-USDC Tokens

(2 hours ago) · 1 source · Summarized by CryptoBipto

Circle has published details on how its Cross-Chain Transfer Protocol (CCTP) could be expanded to support tokens other than USDC across its supported blockchain networks. The announcement describes a technical pathway that would allow additional digital assets to use the same infrastructure currently used for USDC transfers between chains.

WHY IT MATTERS

When you want to move a cryptocurrency from one blockchain to another, you typically need a "bridge" — a tool that connects two separate networks.

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SOURCES

  • newsbtc.com

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USDCCross-Chain InteroperabilityCCTPStablecoinsBlockchain Infrastructure