USDC and CCTP are coming to Morph: What you need to know
Blog post from Circle
Circle Internet Financial has announced the imminent integration of USDC and Circle's Cross-Chain Transfer Protocol (CCTP) onto Morph, an Ethereum-based settlement layer tailored for digital payments and financial applications. This development will allow the Morph ecosystem access to USDC, the largest regulated stablecoin, and facilitate secure cross-chain transfers. The integration aims to enhance the practicality of on-chain activities, offering a reliable digital dollar for payments, financial applications, and decentralized finance (DeFi) activities. CCTP will enable seamless USDC movement across supported blockchains without using traditional wrapped assets, expanding potential use cases in payments, remittances, and trading. To support the adoption of these technologies, Morph has introduced a $150 million Payment Accelerator for companies focused on crypto cards, remittances, and payment gateways, encouraging the development of applications that leverage the new capabilities provided by USDC and CCTP.