Sui Bridge integrates Circle cross-chain transfer protocol CCTP to realize USDC transfer

PANews reported on December 17 that according to the official blog, Sui Bridge has now integrated Circle's Cross-Chain Transfer Protocol (CCTP), enabling users to directly transfer USDC stablecoins between Sui and eight other blockchains.

In addition to the newly added Sui, CCTP also supports secure one-to-one USDC transfers between Arbitrum, Avalanche, Base, Ethereum, Noble, OP Mainnet, Polygon PoS, and Solana. When users transfer USDC across chains, they only need to pay the transaction fees on the origin chain and the target chain. CCTP destroys the original USDC and mints new native USDC on the target chain. Since the value of USDC is pegged to the US dollar, CCTP does not require currency conversion.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
7 minute ago
2 hour ago
6 hour ago
8 hour ago
20 hour ago
20 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读