The Cross-Chain Transfer Protocol (CCTP), developed by Circle, has officially launched on the Solana mainnet, enabling the secure transfer of USDC across eight different blockchains with 1:1 capital efficiency. This integration facilitates fast, frictionless flows of USDC to Solana from eight blockchain networks across 56 unique routes. Notably, Wormhole Connect's integration with CCTP on Solana allows developers to incorporate native USDC transfers into their applications with just three lines of code. The launch is supported by various partners including Jupiter Exchange and Solend, marking a significant milestone in the blockchain and cryptocurrency ecosystem.
Solana folks, if you are wondering what's CCTP and how it works 👇 CCTP (Cross-Chain Transfer Protocol) is an infra by circle to offer 1:1 bridging by Circle, the issuer of USDC. It doesn't have a frontend in itself but is used by bridges like @MayanFinance or @Allbridge_io),…
All aboard the #CCTP express, Cross-Chain Transfer Protocol is now live on @Solana mainnet 👏👏👏👏 $USDC $SOL @circle https://t.co/KaPV4CxQ94
Cross-Chain Transfer Protocol is now live on @solana mainnet. Developers and their users can now move $USDC securely between 8 blockchains with 1:1 capital efficiency. https://t.co/MuAwPlle4N https://t.co/I0P55A0YRE