Odaily Planet Daily reports that 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, maintaining 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 settlements and cross-chain fund transfers in scenarios such as crypto cards, cross-border remittances, payment gateways, DeFi, and trading. They will also work with Morph’s $150 million Payment Accelerator program to advance its position as a payment settlement layer.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
USDC Treasury mints 100 million USDC on the Ethereum blockchain
Gate News reported that on March 17, according to Whale Alert monitoring, USDC Treasury minted 100 million USDC on the Ethereum chain.
GateNews1h ago
A user signed a malicious authorization transaction, resulting in approximately $280,000 in stablecoins being transferred.
Users fell victim to phishing attacks by signing malicious Permit transactions, losing approximately $280,000 in USDC and USDT to phishing attackers. The victim address is 0xB20d4Cd049B1A65Bc0475D29060Fe54fa0981607, with multiple phishing addresses involved in the incident.
GateNews6h ago
A user was robbed of $1.76 million USDC after signing a malicious Permit transaction
Gate News update: On March 17th, according to GoPlus monitoring, approximately 8 hours ago, a user lost $1.76 million worth of USDC to a phisher after signing a malicious Permit transaction.
GateNews13h ago
Circle Minted $8 Billion USDC Since February 2026
Arkham's analysis reveals a significant increase in USDC minting by Circle, surpassing $8B and raising total supply above $78B. This trend highlights USDC's growing market trust and indicates potential long-term volatility compared to other cryptocurrencies.
BlockChainReporter22h ago
A certain whale has been longing EUR/USDC with 34x leverage over the past 4 days, with a position size of approximately 1.04 million USD.
On March 16, a whale starting with 0x133 opened a long position of approximately $1.04 million on EUR/USDC with 34x leverage, currently showing an unrealized loss of about 10%. The US job market is cooling with rising unemployment rates, and CPI year-over-year is approximately 2.4%. Market attention is focused on the Federal Reserve's interest rate decision on March 19.
GateNews03-16 10:09
