Lumen Loop
All news
Articlestellar.orgStellar Development Foundation8mo ago

Circle CCTP V2 is Coming to Stellar

Circle's Cross-Chain Transfer Protocol (CCTP) V2 is launching on Stellar, enabling seamless USDC transfers between Stellar and 15 other blockchains including Ethereum, Solana, and Base. This upgrade enhances interoperability, unlocks deeper liquidity, and provides developers with programmable cross-chain capabilities.

BridgesStablecoinsPartnerships
Lumen Loop's take

Circle Cross-Chain Transfer Protocol (CCTP) V2 is coming to the Stellar network to enhance USDC interoperability across 15 blockchains. The upgrade enables native interoperability by connecting Stellar's USDC ecosystem to broader liquidity pools, eliminating the need for wrapped assets or custodial bridges through 1:1 burning and minting. Developers gain programmability to embed cross-chain transfers directly into dApps with arbitrary metadata execution via Hooks. CCTP V2 strengthens Stellar's position in global payments by providing access to deeper liquidity, faster settlement, and the network's 475,000+ MoneyGram locations for seamless on and off-ramping. This integration allows exchanges and DeFi protocols to operate more efficiently across multiple chains without liquidity bottlenecks.

Mentioned projects
1 project linked
S
Stellar Development FoundationInfrastructure & Services
Audited
InfrastructureCommunity

The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

View →