Circle Introduces New Protocol to Enhance USDC Transactions on a Prominent Blockchain
Circle, the blockchain startup and stablecoin issuer, has unveiled its Cross Chain Transfer Protocol (CCTP) on the Arbitrum network. The launch of CCTP aims to enhance the accessibility and movement of the USDC stablecoin on the Ethereum Layer-2 scaling network. With the CCTP, Circle seeks to overcome the challenges of capital fragmentation and provide a…