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TechFlow reported, according to official news, Circle announced the launch of a USDC cross-chain transfer protocol between Ethereum and Avalanche. This protocol will burn the token on the source chain and mint a new token on the destination chain during cross-chain transfers.
Circle stated that cross-chain projects including Celer, Hyperlane, LayerZero, LI.FI, MetaMask, and Wormhole will adopt this protocol in the future.
TechFlow reported, according to official information, Circle has announced the launch of a USDC cross-chain transfer protocol between Ethereum and Avalanche. This protocol will burn the user's tokens on the source chain and mint new tokens on the destination chain during cross-chain transfers. Circle stated that cross-chain projects including Celer, Hyperlane, LayerZero, LI.FI, MetaMask, and Wormhole will adopt this protocol in the future.
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