USDC expands cross-chain reach with native launch on XDC Network

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  • Transfers eliminate the need for wrapped tokens or bridges.
  • Circle’s Gateway enables instant transfers across seven blockchains.
  • XDC adds enterprise-grade functionality to USDC’s expansion.

USDC, the stablecoin issued by Circle, has strengthened its regulated presence in decentralised finance with a native launch on the XDC Network (XDC). This integration removes the need for wrapped tokens, offering users faster and more secure transfers.

By going live on XDC, USDC is now directly redeemable 1:1 for the US dollar, ensuring its stability across another blockchain ecosystem.

The move also highlights Circle’s broader cross-chain expansion strategy, coming shortly after the company enabled instant USDC transfers across seven blockchains through its new Gateway service earlier this month.

USDC live on XDC Network with Circle’s CCTP V2

XDC Network announced that USD Coin is now natively available, making it part of the same...

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