Circle’s Cross-Chain Transfer Protocol Hits Mainnet for USDC Transfers
Circle said that CCTP is a highly secure and capital-efficient way for USDC transfers in an increasingly multi-chain environment.Â
Circle said that CCTP is a highly secure and capital-efficient way for USDC transfers in an increasingly multi-chain environment.Â
Allaire believes the US should enforce a crypto regulatory framework as soon as possible.
The SVB collapse that briefly caused USDC to de-peg from the dollar has only shaken confidence in the banking system,
The main aim of the integration is to serve as an alternative to SWIFT.
Tether had previously confirmed having no exposure to SVB or Silverbank.
Hackers have used a Circle executive's Twitter account to promote a fake USDC airdrop.
Coinbase was supposedly close to provide Circle with a $3 billion credit.
Circle is working on adding more transaction banking partners.
The committee will hold its first meeting on March 22nd.
Jeremy Allaire detected irony in how his crypto company needed to be rescued from the banking system this week.Â