Blockchain
Circle unveils CCTP V2 for seamless USDC crosschain transfers with Stellar
Key Takeaways
- Circle’s CCTP V2 now helps the Stellar blockchain, permitting direct USDC transfers between Stellar and different networks.
- CCTP V2 eliminates the necessity for wrapped tokens or conventional bridges, decreasing safety dangers in cross-chain transactions.
Circle’s Cross-Chain Switch Protocol Model 2 (CCTP V2) now helps Stellar, the decentralized blockchain platform designed for cross-border funds. At present’s integration permits seamless USDC transfers between Stellar and different blockchain networks.
CCTP V2 permits customers to maneuver USD Coin, the stablecoin pegged 1:1 to the US greenback, throughout totally different blockchains with out requiring wrapped tokens or conventional bridges that may introduce safety dangers.
