Overview
- Circle introduced an official USDC Bridge built on its Cross‑Chain Transfer Protocol to move USDC between blockchains, with the interface supporting EVM networks at launch.
- The service burns USDC on the source chain and mints it on the destination, which removes wrapped tokens and third‑party bridge pools.
- A reporter test showed it cost about $0.20 to move $20 from Ethereum to Optimism, with users paying standard gas on both networks and no extra fee from Circle.
- Company materials cite more than $20 billion in monthly cross‑chain USDC volume over CCTP and an upgrade that cuts settlement to seconds.
- Circle is consolidating flows through backends like Gateway and Arc, and projects such as World Chain are migrating wallets to native USDC to unify balances.