Stargate has announced its integration with Circle’s Cross-Chain Transfer Protocol, providing 1:1 capital efficiency for USDC users across multiple networks.
Stargate's Integration with CCTP
On March 19, Stargate announced the integration of Circle’s Cross-Chain Transfer Protocol (CCTP). This will allow Stargate Finance users to transfer native USDC across several supported networks, including Ethereum, Solana, and Aptos, as well as layer 2 scaling solutions like Base, Optimism, and Arbitrum.
Circle's CCTP Updates
Circle recently unveiled an upgraded version of their CCTP. This version offers an enhanced solution that reduces transaction times to seconds, previously taking 13-19 minutes. The upgraded functionality allows for automated swaps and treasury management.
Application on Stargate Hydra
Recently, the Bridged USDC Standard went live on the Stargate Hydra chain, which facilitates the tokenization of intelligence. This development allows users and developers to take advantage of value transfers across 30 networks connected to Stargate.
The integration of CCTP into Stargate opens new possibilities for users, providing fast and secure value transfers with enhanced functionality. Recent updates to CCTP make this process even more efficient.
