tl;dr
- ChainPort now supports native USDC bridging to Base via the Cross-Chain Transfer Protocol or CCTP.
- CCTP is a permissionless on-chain utility developed by Circle that facilitates USDC transfers securely between blockchains via native burning and minting.
- USDC holders can now bridge their native tokens securely across Base, Ethereum, Avalanche, Optimism, and Arbitrum via ChainPort
- This development brings more convenience and accessibility to the ChainPort platform, making it easier for users to move their USDC assets across different blockchains.
ChainPort Increases CCTP Support with the Addition of Base
ChainPort now supports USDC bridging to Base via the Cross-Chain Transfer Protocol or CCTP. This marks the fifth chain that ChainPort supports bridging native USDC to and from. Other supported chains include Ethereum, Avalanche, Optimism, and Arbitrum.
CCTP is a permissionless on-chain utility developed by Circle that facilitates USDC transfers securely between blockchains via native burning and minting. Now, USDC holders can bridge their native tokens securely across Base, Ethereum, Avalanche, Optimism, and Arbitrum via ChainPort, providing greater flexibility and opportunity for traders and investors.
This development brings more convenience and accessibility to the ChainPort platform, making it easier for users to move their USDC assets across different blockchains. The addition of Base to ChainPort's supported chains is a significant step towards achieving ChainPort's goal of achieving seamless cross-chain integration and interoperability.
ChainPort's commitment to providing a secure, seamless, and efficient cross-chain bridge platform is further strengthened by this development. The platform continues to innovate to provide the best experience for its users. USDC holders can now take advantage of ChainPort's capabilities to bridge their tokens across a variety of blockchains, opening up new possibilities for investment, trading, and more.
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