Subscribe for updates
Subscribe to the Wormhole newsletter for exclusive updates.
Developers
Ecosystem
20 Sep 2023
•2 min read
Share:
Wormhole Connect has integrated Circle’s Cross-Chain Transfer Protocol (CCTP) to enable application builders (and their users) to utilize Native USDC for their cross-chain token transfers. Wormhole Connect can be integrated into existing decentralized applications in as few as 3 lines of code.
Cross-Chain Transfer Protocol (CCTP) is a permissionless on-chain utility (built by Circle) that facilitates USDC transfers securely between blockchains via native burning and minting. It enables USDC to flow natively across blockchains – unifying liquidity in Web3 and simplifying the user experience.
Because USDC has become one of the most widely held, trusted, and transacted tokens on Ethereum, it is usually one of the most popular tokens on new and emerging chains as well (though these chains have historically only had bridged representations of USDC). On these new and emerging chains, multiple versions of these bridged USDC tokens can exist, which can lead to fragmented liquidity, poor pricing, and a confusing experience for users and developers alike.
CCTP helps unify USDC liquidity by creating a natively cross-chain USDC that can be burned and minted across connected chains. Developers can embed CCTP into their apps to provide users with a highly secure and capital-efficient way to transfer USDC across chains, setting the stage for a united and mainstream Web3.
If you are a builder who wants to enable Native USDC transfers using CCTP, you can do so in just 3 lines of code via Wormhole Connect. Connect makes it possible for developers to bring wrapped and native token bridging directly into their application UIs and can seamlessly enable bridging to and from all of Wormhole’s 20+ connected blockchains, not just CCTP.
To start integrating Connect and enabling your application on Base, check out the NPM package to get started.
If you simply want to bridge or send Native USDC across connected chains using CCTP, you can do so via Portal Bridge by following the below steps:
Circle is a global financial technology company helping money move at internet speed. Their mission is to raise global economic prosperity through the frictionless exchange of value and they are committed to transparency in everything they do. To learn more about Circle, USDC, or CCTP, visit their website or follow them on Twitter.
Wormhole is the leading interoperability platform that empowers development and growth across blockchains. Wormhole provides developers access to liquidity and users on over 20 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more. Wormhole enables a growing suite of products built around the foundational Wormhole Messaging protocol. Wormhole Connect is a key asset layer product, providing developers with an in-app bridging widget that can be integrated in as few as 3 lines of code. The wider Wormhole network is trusted and used by teams like Circle and Uniswap, and to date, the platform has facilitated the transfer of over 35 billion dollars through hundreds of millions of cross-chain messages.
Here’s your chance to get in on this one.
Take a deep dive into our ever-evolving discussion on xChain technologies, new feature announcements, research, and more.