Circle CCTP (Cross-Chain Transfer Protocol) launched on Stellar in May 2026, enabling native USDC transfers between Stellar and 23 other chains via a burn-and-mint mechanism. This replaces bridges and wrapped-asset variants, eliminating third-party custodian risk and simplifying treasury reconciliation. Remittance, payroll, and neobank platforms can now move USDC natively across the CCTP graph without intermediaries.
Circle CCTP launched on Stellar in May 2026, enabling native USDC transfers between Stellar and 23 other chains (Ethereum, Solana, Base, Arbitrum, Avalanche, Polygon, and others) via a burn-and-mint protocol instead of bridges or wrapped assets. Before CCTP, moving USDC between Stellar and other chains required third-party bridges (which produced wrapped variants), Circle Mint accounts (limited to financial institutions), or anchor swaps (adding counterparty risk). CCTP replaces all three with protocol-level native transfers: the source chain burns USDC, CCTP's attestation service signs the burn, and the destination chain mints fresh canonical USDC. For treasury teams, remittance providers, payroll platforms, and neobanks, the shift is concrete: one canonical USDC asset across all chains, no bridge-custodian risk, and simplified reconciliation. Stellar runs MoneyGram's 475,000 offramps; CCTP now connects that footprint to 23 other chains natively.
