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Circle announces the new cross-chain USDC payment mechanism, supporting unified settlement for high-frequency scenarios
Crypto Mars News reports that, according to market sources, Circle has launched a new solution for high-frequency USDC payments across different blockchains. Developers can utilize the cross-chain transfer protocol CCTP, where the local fulfillment party initially advances funds on the recipient’s designated chain, and the platform later completes the cross-chain settlement in a unified manner. This model reduces the operational burden caused by individual cross-chain transfers and is suitable for platforms that handle a large volume of payments daily. Compared to the traditional CCTP process of burning and minting USDC for each transaction, the new solution supports batch settlement, decreases the number of burns on the source chain, and eliminates the need for signature infrastructure on the target chain. Circle also demonstrated a process based on the Arc Testnet and Ethereum Sepolia.