🎉 Congratulations to today's "Daily Best" winners!
Each receives 50 USDT for their outstanding in-depth articles! 👏
📝 Today's winners & articles
@Mr_qiang777 https://www.gate.com/post/status/19028534
@Coinstages https://www.gate.com/zh/post/status/19031206
@PlayerYU https://www.gate.com/zh/post/status/19038966
🔥 The event is heating up — 3 winners are selected daily!
You could be tomorrow's pick! Share your market insights now and win 50 USDT plus official exposure!
👉 Join now: gate.com/post
#GateSquare #DeepCreationCamp #DailyBest
USDC and Circle CCTP will go live on Morph, offering native USD settlement and standardized cross-chain transfers.
Deep Tide TechFlow News, February 26 — According to official sources, USDC and Circle Cross-Chain Transfer Protocol (CCTP) will launch on Morph. USDC will be issued on Morph by Circle’s regulated affiliated entity, serving as a USD-denominated settlement asset within the network and providing a more consistent USD settlement foundation for payment applications.
CCTP will support USDC transfers between supported blockchains through burn-and-mint methods. Tokens are burned on the source chain and re-minted on the target chain to maintain a 1:1 supply ratio and standardized settlement behavior; applications can choose between Standard Transfer or Fast Transfer modes as needed.
Morph states that USDC and CCTP will support USD settlement and cross-chain fund management in scenarios such as crypto cards, cross-border remittances, payment gateways, DeFi, and trading. They will also work in conjunction with Morph’s $150 million Payment Accelerator program to advance its position as a payment settlement layer.