Circle cross-chain transfer protocol has been launched on Solana Devnet
Circle announced on X platform that its cross-chain transfer protocol (CCTP) has been launched on Solana Devnet. CCTP enables secure USDC transfers between blockchains through native destruction and minting processes. After CCTP logs into the Solana mainnet, developers and users can transfer USDC from Ethereum and other networks to Solana without permission.
Circle Launches Euro-Backed Stablecoin on Stellar Blockchain for Aid Disbursement and Cross-Border Payments
Circle has launched its euro-backed stablecoin, EURC, on the Stellar blockchain, making it the third chain on which EURC is available. The stablecoin can be sent, spent, held, and traded around the world with low-cost, near-instant transactions. EURC will integrate with aid disbursement and cash assistance systems, and Circle plans to work with Stellar to provide financial assistance to those affected by humanitarian crises. Latin American crypto services provider, Ripio, is also expanding to Spain and adding EURC on Stellar to their in-app crypto wallet.
Circle Announces Partnership With Southeast Asia’s Multi-Functional Online Service Platform Grab
On September 14th, according to an official announcement, Circle announced a partnership with Southeast Asian multi-functional online service platform Grab to integrate Circle's new Web3 service platform into the Grab application, providing new Web3 wallet experiences for its customers in Singapore.
Aave, Circle, Coinbase and Base Become Founding Members of the Tokenized Asset Alliance
On September 8th, according to Cointelegraph, Aave, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz have formed the Tokenized Asset Alliance (TAC) and become its founding members. However, any organization that agrees with the vision of "creating a unified financial system on the blockchain" can join the TAC charter.
Circle Cross-Chain Transmission Protocol CCTP Has Been Launched on the Optimism Main Network and Plans To Be Launched on the Base Network
On September 6th,Circle announced on the X platform that its cross-chain transfer protocol CCTP had been launched on the Optimism mainnet. CCTP can now transfer USDC through 12 paths between 4 networks, including Ethereum, Avalanche, Arbitrum, and Optimism networks. In addition, Circle plans to introduce its cross-chain transfer protocol CCTP to the Base network.
Circle Suggests Adjustments to Cryptocurrency Guidelines Proposed by EU Regulators
September 6th, Circle has responded to the European Banking Authority's (EBA) public consultation on the proposal to "extend the scope of the anti-money laundering and counter-terrorism financing guidelines to include crypto asset service providers" and raised concerns about some of the terminology used in the proposal.
USDC Circulation Rebounds to 26.1 Billion Coins
According to data from Circle's official website, from August 24th to August 31st, Circle issued approximately 1.1 billion USDC and redeemed approximately 800 million USDC, increasing the circulation by approximately 300 million USDC. As of August 31st, the circulation of USDC was 26.1 billion and the reserve funds were 26.3 billion US dollars.
Circle Will Issue Native USDC on Cosmos via Noble
Circle will issue native USDC on Cosmos through Noble. This stablecoin can always be exchanged 1:1 for US dollars and has institutional deposit and withdrawal channels.
Circle Will Launch Native USDC on Optimism Next Week
According to official sources, Circle has announced that it will launch native USDC on Optimism next week. Prior to the launch of native USDC, the Ethereum bridge for USDC on the blockchain explorer will be renamed to USDC.e. Circle will also be reaching out to ecosystem applications to make the same changes to their application UI and documentation.In addition, Optimism will be working with ecosystem applications to provide a smooth transition of liquidity from USDC.e to USDC over time.
Circle will launch native USDC on Optimism next week
Circle will launch native USDC on Optimism next week. Prior to the launch of native USDC, the USDC on the Ethereum bridge on the blockchain explorer will be renamed to USDC.e. Circle will also reach out to ecosystem applications to make the same changes to their application UI and documentation. In addition, Optimism will work with ecosystem applications to provide a smooth transition of liquidity from USDC.e to USDC over time.
