Circle adds CCTP to Arbitrum for Layer 2 USDC transfers from Ethereum, Avalanche

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Circle’s Cross-Chain Transfer Protocol is now operational on Arbitrum, a Layer 2 scaling solution for Ethereum.

Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Circle, the issuer of the USD Coin stablecoin, said that its Cross-Chain Transfer Protocol is now operational on Arbitrum, a Layer 2 scaling solution for Ethereum.

The protocol is designed to enable faster and more secure transfers of USDC across multiple chains including Ethereum, Avalanche and Arbitrum.of USDC across different blockchain networks by burning the native USDC on the initial chain and minting an equal amount on the recipient chain. Arbitrum is the third chain offering support for CCTP and is live on the official Arbitrum Bridge, as

 

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