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CCTP V2 from Circle is Live on Avalanche

Twitter icon  •  Published 1 year ago on March 12, 2025  •  Hassan Maishera

On Tuesday, the Avalanche Foundation announced via X that CCTP V2 from Circle is live on the Avalanche blockchain.

CCTP V2 from Circle is Live on Avalanche

On Tuesday, the Avalanche Foundation announced via X that CCTP V2 from Circle is live on the Avalanche blockchain. The integration enhances cross-chain interoperability, liquidity, and transaction efficiency.

Other features include fast USDC settlement, hooks for post-transfer actions, and 1:1 burn-and-mint, no liquidity pools. 

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem. AVAX is up 2% today and currently trades at $17.00 per coin.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.