Circle Announces 'USDC Bridge' for Automated Cross-Chain Transfers to Solana

Launch of the Official 'USDC Bridge' Feature

On the 18th, U.S.-based Circle announced the 'USDC Bridge,' an official bridge for the stablecoin USDC, along with a cross-chain transfer service to Solana.

The provision of this official bridge meets the demands of institutional investors seeking reliable asset transfers, enhancing convenience across the ecosystem.

The underlying technology, CCTP, involves burning assets at the source and recreating an equivalent amount at the destination...