Hassan Maishera
On Wednesday, the Sui team announced via X that Circle’s USDC stablecoin will launch on the Sui network. Furthermore, the Cross-Chain Transfer Protocol (CCTP) will launch on Sui, enabling developers to build cross-chain flows from other chains (like Solana, Ethereum, and more).
Sui will be the first blockchain-based on the Move programming language to support native USDC and CCTP. With no need to lock up liquidity, CCTP provides a highly secure and capital-efficient way to transact with USDC across supported blockchains.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is up 15% in the last 24 hours, trading at $1.3657 per coin.
