On November 21st, COINOTAG News reports that the official launch of native USDC and the Cross-Chain Transfer Protocol (CCTP) is set to take place on the Aptos Network. This innovative CCTP allows for the secure transfer of USDC across the Aptos ecosystem and other supported blockchains by implementing a native burn and mint mechanism. As a result, bridge providers will work closely with various ecosystem applications to ensure a seamless transition from bridged USDC to native USDC, enhancing liquidity and operational efficiency in cross-chain interactions. This development signifies a significant step forward in blockchain interoperability and is expected to bolster the Aptos ecosystem by attracting more users and developers aiming to leverage the advantages of decentralized finance (DeFi).
Source: https://en.coinotag.com/breakingnews/usdc-launches-on-aptos-network-with-innovative-cross-chain-transfer-protocol-cctp/