Circle, the issuer of the US dollar-denominated stablecoin USDC, announced on its official blog on the 6th that USDC and the cross-chain transfer protocol 'CCTP' are now supported on the cryptocurrency exchange OKX's Layer 2 (L2) blockchain, 'X Layer'.
CCTP is a cross-chain transfer protocol provided by Circle, which allows for the direct movement of USDC across different blockchains. Its distinctive feature is the ability to transfer assets without the need for a bridge.
X Layer...