Circle Internet Group Inc. is launching a payments network designed to allow financial institutions and technology firms to settle cross-border transactions in stablecoins.

USDC issuer Circle unveiled an upgrade to its cross-chain transfer protocol, slashing cross-chain settlement time from around 13-19 minutes to seconds. The new CCTP V2 was only introduced on ...

Circle has launched an upgraded version of its Cross-Chain Transfer Protocol (CCTP V2), reducing transaction times to seconds from the typical 13-19 minutes on Ethereum and its Layer 2 networks ...

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has integrated Circle’s Cross-Chain Transfer Protocol (CCTP) to make it easy for users to transfer USDC across chains, according to a ...

The new Cross-Chain Transfer Protocol (CCTP) protocol appears to do away with this need for USDC bridges. The team released a video on April 13 showing how the new protocol works.

Circle now has a new banking partner — Cross River Bank — following the failure of Silicon Valley Bank, and plans to expand its ties with BNY Mellon.