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The Defiant 2025-01-30 18:00:27

Circle Launches Native USDC on Aptos, Introduces CCTP for 10 Blockchains

Circle Launches Native USDC on Aptos, Introduces CCTP for 10 Blockchains

Circle has announced the launch of native USDC on the Aptos blockchain, marking a significant development for the Aptos ecosystem. This launch enables direct access to USDC for users and developers without the need for cross-chain bridging. The integration of USDC, the world's largest regulated digital dollar, is expected to empower developers to build secure applications across various sectors including DeFi, payments, and gaming. The Aptos ecosystem, which has seen a 10X growth in its DeFi sector in 2024, now supports over 200 applications. Additionally, Circle has introduced the Cross-Chain Transfer Protocol (CCTP) on Aptos, allowing for secure transfers of USDC between 10 blockchains with 1:1 capital efficiency. This move is anticipated to facilitate the migration from the existing bridged USDC (lzUSDC) to native USDC on Aptos. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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