Circle CCTP V2 product
Overview
Circle has released CCTP V2, an updated iteration of its Cross-Chain Transfer Protocol. The protocol facilitates permissionless, native movement of USDC between blockchains through a burn-and-mint process. It is intended for developers constructing cross-chain applications, offering faster transaction speeds and settlement finality.
Within The Counterparty graph, Circle CCTP V2 connects to 1 tracked entity, most strongly to Circle.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
launched | Circle | 95% |
Frequently asked questions
What is Circle CCTP V2?
Circle CCTP V2 is a product tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Circle.
What type of entity is Circle CCTP V2?
Circle CCTP V2 is classified as a product (product) in The Counterparty knowledge graph.
What is Circle CCTP V2 connected to?
In The Counterparty knowledge graph, Circle CCTP V2 is linked to 1 other tracked entity, most strongly to Circle.