??Native USDC Launching Soon on Aptos to Enhance DeFi and P2P Transactions
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Circle is set to launch native USDC on the Aptos blockchain, enhancing its utility in decentralized finance (DeFi) and peer-to-peer transactions. This move will replace the existing Ethereum-bridged USDC over time, bolstering cross-chain compatibility and liquidity.
Key Points:
?? Native Integration: Circle will implement USDC with the Cross-Chain Transmission Protocol (CCTP), enabling seamless asset transfers across chains.
?? Transition Plan: The current Ethereum-bridged USDC on Aptos will transition to native USDC, renamed as “lzUSDC” in block explorers.
?? Ecosystem Expansion: Native USDC will support DeFi, gaming, global commerce, and remittance applications, potentially increasing adoption on Aptos.