Circle has partnered with Solana to bring its cross-chain transfer protocol to the blockchain ecosystem, allowing for the secure transfer of USDC between different blockchain ecosystems using the native mint and burn process. Solana developers can now natively swap USDC tokens from Ethereum and other EVM-compatible ecosystems. CCTP is also compatible with non-EVM blockchains.

Wormhole Connect is integrating with Circle’s Cross-Chain Transfer Protocol (CCTP) on Solana, allowing developers on Solana to integrate native USDC transfers directly into their app’s interface with just 3 lines of code. Some Solana ecosystem players supporting CCTP from day one include Wormhole, Allbridge, Mayan Finance, Drift Protocol, Sphere Labs, Cube Exchange, Jupiter Exchange, and Solend Protocol.

Bridging protocols like CCTP play a crucial role in the on-chain environment by enabling blockchain networks to communicate with each other and allowing the transfer of digital assets across various ecosystems. Circle’s CCTP may be preferred over third-party bridges when transferring stablecoin across different ecosystems due to its design and security features.

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