Cross-Chain Transfer Protocol (CCTP) product
Overview
Circle operates the Cross-Chain Transfer Protocol (CCTP), a permissionless on-chain tool that moves USDC across supported blockchains. The system burns USDC on the originating chain and mints it on the target chain, bypassing liquidity pools. This mechanism preserves a 1:1 peg for USDC across networks.
Within The Counterparty graph, Cross-Chain Transfer Protocol (CCTP) connects to 2 tracked entities, most strongly to Circle, Cross-Chain Transfer Protocol V2 (CCTP V2).
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
integrates | Circle | 95% |
replaced_by | Cross-Chain Transfer Protocol V2 (CCTP V2) | 95% |
Frequently asked questions
What is Cross-Chain Transfer Protocol (CCTP)?
Cross-Chain Transfer Protocol (CCTP) is a bridge tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Circle, Cross-Chain Transfer Protocol V2 (CCTP V2).
What type of entity is Cross-Chain Transfer Protocol (CCTP)?
Cross-Chain Transfer Protocol (CCTP) is classified as a bridge (product) in The Counterparty knowledge graph.
What is Cross-Chain Transfer Protocol (CCTP) connected to?
In The Counterparty knowledge graph, Cross-Chain Transfer Protocol (CCTP) is linked to 2 other tracked entities, most strongly to Circle, Cross-Chain Transfer Protocol V2 (CCTP V2).