Odaily Planet Daily News According to official news, Circle announced the launch of the USDC cross-chain transfer protocol between Ethereum and Avalanche, which will destroy the tokens on the original chain and mint new tokens on the target chain when users cross the chain. Circle said that cross-chain projects including Celer, Hyperlane, LayerZero, LI.FI, MetaMask, Wormhole, etc. will use this protocol in the future.