$APT Aptos mainnet goes live with Circle CCTP V2, slashing USDC cross-chain transfers to seconds.
Aptos mainnet has activated Circle's Cross-Chain Transfer Protocol V2, letting USDC move between Aptos and seven other chains with settlement measured in seconds instead of minutes. The upgrade went live this week without a token migration or wrapped-asset intermediary.
Possible summary: "Aptos mainnet now supports Circle's CCTP V2, enabling near-instant USDC transfers via burn-and-mint with programmable hooks, boosting cross-chain DeFi spee…
Aptos mainnet has activated Circle's Cross-Chain Transfer Protocol V2, letting USDC move between Aptos and seven other chains with settlement measured in seconds instead of minutes. The upgrade went live this week without a token migration or wrapped-asset intermediary.
CCTP V2 replaces the traditional lock-and-mint bridge model with a burn-and-mint mechanism. When a user sends USDC from Ethereum to Aptos, Circle burns the tokens on Ethereum and attests to the destruction.
Does Aptos's USDC liquidity now rival Solana for serious DeFi flows?
$APT #APT #DeFi #CryptoNews
Aptos mainnet has activated Circle's Cross-Chain Transfer Protocol V2, letting USDC move between Aptos and seven other chains with settlement measured in seconds instead of minutes. The upgrade went live this week without a token migration or wrapped-asset intermediary.
Possible summary: "Aptos mainnet now supports Circle's CCTP V2, enabling near-instant USDC transfers via burn-and-mint with programmable hooks, boosting cross-chain DeFi spee…
Aptos mainnet has activated Circle's Cross-Chain Transfer Protocol V2, letting USDC move between Aptos and seven other chains with settlement measured in seconds instead of minutes. The upgrade went live this week without a token migration or wrapped-asset intermediary.
CCTP V2 replaces the traditional lock-and-mint bridge model with a burn-and-mint mechanism. When a user sends USDC from Ethereum to Aptos, Circle burns the tokens on Ethereum and attests to the destruction.
Does Aptos's USDC liquidity now rival Solana for serious DeFi flows?
$APT #APT #DeFi #CryptoNews