USDC and Circle CCTP will go live on Morph, offering native USD settlement and standardized cross-chain transfers.

DeepFlowTech · 2026-02-26T14:20:47+00:00

USDC and Circle's CCTP will launch on Morph, supporting cross-chain transfers and USD settlements. Through burn-and-mint methods, maintaining 1:1 supply consistency. The protocol will be applied to scenarios such as crypto cards and cross-border remittances, helping to define Morph's payment and settlement layer.

DeepFlowTech

2026-02-26 14:20:47

Abstract generation in progress

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.

USDC-0,01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.