Circle has launched its Crosschain Forwarding feature on CCTP mainnet, automating USDC transfers across multiple blockchains and simplifying cross-chain operationsCircle has launched its Crosschain Forwarding feature on CCTP mainnet, automating USDC transfers across multiple blockchains and simplifying cross-chain operations

Cross-Chain Forwarding Goes Live On CCTP Mainnet To Automate USDC Transfers And Simplify Multichain Operations

Cross-Chain Forwarding Goes Live On CCTP Mainnet To Automate USDC Transfers And Simplify Multichain Operations

Financial technology company Circle announced that its Crosschain Forwarding feature is now live on mainnet Cross-Chain Transfer Protocol (CCTP) mainnet. The fully managed service automates execution on the destination blockchain for CCTP transactions, streamlining the process of transferring USDC across multiple networks.

CCTP is a permissionless, on-chain utility that enables native USDC transfers between blockchains. The protocol operates by burning USDC on the source blockchain and minting an equivalent amount on the destination blockchain, allowing secure 1:1 transfers without relying on traditional bridge liquidity pools or wrapped tokens.

The Circle Forwarding Service simplifies the use of CCTP by removing the need for developers to manage multichain infrastructure, improving the reliability of cross-chain transfers and eliminating the requirement to cover destination chain gas fees. The service is intended to enhance user experience, reduce end-to-end transfer times, lower operational costs, minimize third-party risks, and streamline workflows for both developers and end users.

The service currently supports CCTP routes to multiple blockchains, including Arbitrum, Avalanche, Base, Ethereum, HyperEVM from the Hyperliquid decentralized exchange, Ink, Linea, Monad, Optimism, Polygon, Sei, Sonic, Unichain, and World, with plans to expand to additional networks in the future. 

In an announcement, Circle also indicated that the forwarding service will be extended in the coming months to its Circle Gateway, Bridge Kit, and other generalized forwarding capabilities, offering greater flexibility for cross-chain operations.

Forwarding Feature Automates CCTP Transactions, Simplifying Cross-Chain USDC Transfers

Executing a CCTP transaction without using the Forwarding Service involves a multi-step process. First, a transaction must be created to burn USDC on the source blockchain, after which Circle must sign an attestation confirming the burn. Next, the attestation is requested through the Circle API. Finally, a separate transaction is created to mint the corresponding USDC on the destination blockchain. This workflow requires a wallet capable of signing transactions on both the source and destination chains, as well as holding the native tokens necessary to pay transaction fees on each chain.

The Forwarding Service streamlines this process by allowing users to include a forward request in the hook data of the burn transaction on the source chain. Circle then verifies the hook data, signs the attestation, and executes the mint transaction on the destination chain on behalf of the user. This eliminates the need for the user to manually manage the destination chain transaction, simplifying cross-chain operations and reducing the technical burden associated with CCTP transfers.

The post Cross-Chain Forwarding Goes Live On CCTP Mainnet To Automate USDC Transfers And Simplify Multichain Operations appeared first on Metaverse Post.

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, service@support.mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

추천 콘텐츠

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
공유하기
Blockonomi2025/09/17 23:45
Disney Pockets $2.2 Billion For Filming Outside America

Disney Pockets $2.2 Billion For Filming Outside America

The post Disney Pockets $2.2 Billion For Filming Outside America appeared on BitcoinEthereumNews.com. Disney has made $2.2 billion from filming productions like ‘Avengers: Endgame’ in the U.K. ©Marvel Studios 2018 Disney has been handed $2.2 billion by the government of the United Kingdom over the past 15 years in return for filming movies and streaming shows in the country according to analysis of more than 400 company filings Disney is believed to be the biggest single beneficiary of the Audio-Visual Expenditure Credit (AVEC) in the U.K. which gives studios a cash reimbursement of up to 25.5% of the money they spend there. The generous fiscal incentives have attracted all of the major Hollywood studios to the U.K. and the country has reeled in the returns from it. Data from the British Film Institute (BFI) shows that foreign studios contributed around 87% of the $2.2 billion (£1.6 billion) spent on making films in the U.K. last year. It is a 7.6% increase on the sum spent in 2019 and is in stark contrast to the picture in the United States. According to permit issuing office FilmLA, the number of on-location shooting days in Los Angeles fell 35.7% from 2019 to 2024 making it the second-least productive year since 1995 aside from 2020 when it was the height of the pandemic. The outlook hasn’t improved since then with FilmLA’s latest data showing that between April and June this year there was a 6.2% drop in shooting days on the same period a year ago. It followed a 22.4% decline in the first quarter with FilmLA noting that “each drop reflected the impact of global production cutbacks and California’s ongoing loss of work to rival territories.” The one-two punch of the pandemic followed by the 2023 SAG-AFTRA strikes put Hollywood on the ropes just as the U.K. began drafting a plan to improve its fiscal incentives…
공유하기
BitcoinEthereumNews2025/09/18 07:20
Trump-backed stablecoin hits $5 billion as first family cashes in

Trump-backed stablecoin hits $5 billion as first family cashes in

Trump Jr. has emerged as a vocal crypto advocate and operator, while World Liberty Financial has made USD1 the backbone of its decentralized finance platform.
공유하기
Crypto.news2026/01/30 04:30