Gate News message, April 16 — Circle has introduced a new cross-chain USDC payment mechanism designed for high-frequency settlement scenarios. The solution leverages the Cross-Chain Transfer Protocol (CCTP) to enable local liquidity providers to pre-fund transfers on the recipient’s designated blockchain, with batch settlement occurring later, reducing operational overhead for platforms processing large volumes of daily payments.
Compared to traditional CCTP’s per-transaction burn-and-mint process, the new approach supports batch settlement, reducing the number of burn operations on the source chain and eliminating the need for signature infrastructure on the destination chain.
Circle demonstrated the implementation using Arc Testnet and Ethereum Sepolia.
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