SOLANA WELCOMES CIRCLE’S CROSS-CHAIN TRANSFER PROTOCOL

Summary from the TLDR Crypto newsletter

Circle is partnering with Solana to introduce its cross-chain transfer protocol to the ecosystem. Circle’s CCTP enables the secure trading of USDC between various blockchains using a native mint and burn process. This move will enable Solana developers to natively swap USDC tokens from Ethereum and other EVM-compatible ecosystems. Various Solana ecosystem participants will support CCTP right away and more are expected to follow.