TechFlow News, June 9 — According to an official tweet, Circle, the issuer of the USDC stablecoin, announced that its Cross-Chain Transfer Protocol (CCTP) will launch on Arbitrum on June 27.
CCTP is a permissionless on-chain tool introduced by Circle that enables USDC transfers across different blockchains. Circle does not require liquidity on the destination chain; instead, it burns USDC on the source chain and mints native USDC on the target chain, enabling USDC to flow natively across blockchains.




