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Circle

Integrationstwitter

Native USDC and Cross-Chain Transfer Protocol Coming to Aptos

Thu 21st Nov 2024
Circle announces native USDC and Cross-Chain Transfer Protocol (CCTP) integration with Aptos blockchain. Key updates include: - Native USDC implementation with 1:1 USD backing - CCTP enabling secure transfers across 9 blockchains via 72 routes - Existing bridged USDC to be renamed as lzUSDC - Support for MoveVM applications in DeFi, payments, and gaming The integration will allow developers to build cross-chain applications connecting Arbitrum, Base, Ethereum, Solana, and other networks. Bridge providers will facilitate a gradual transition from bridged to native USDC. *Technical Details:* - Token Symbol: USDC - Mainnet Address: Pending - Current Bridge: LayerZero continues normal operations

Polymer Labs Raises $23M Series A for Modular IBC Protocol

Thu 31st Oct 2024
Polymer Labs has secured significant funding to advance its modular blockchain networking protocol. Here are the key details: - **Series A Funding**: $23 million raised - **Lead Investors**: Blockchain Capital, Maven 11, and Distributed Global - **Notable Participants**: Coinbase Ventures, Placeholder, Digital Currency Group, North The protocol focuses on Inter-Blockchain Communication (IBC) technology, aiming to enhance blockchain interoperability. This development aligns with growing industry interest in modular and composable DeFi solutions, as evidenced by recent work from Inco Network and Circle Research. *Follow developments at @IncoNetwork for updates on privacy-focused DeFi innovations.*
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