Crypto
Circle Brings Native USDC to OKX’s X Layer Network
Circle has expanded its USDC stablecoin to OKX's X Layer, an Ethereum layer-2 network. This move gives users and developers access to Circle-issued USDC without relying on bridged tokens.
X Layer allows for faster transaction times and lower fees compared to the main Ethereum network. The integration brings native USDC to 36 blockchains, while Circle's Cross-Chain Transfer Protocol (CCTP) is now available across 26 networks.
CCTP enables USDC transfers between X Layer and supported blockchains by burning USDC on the source chain and minting an equivalent amount on the destination chain. This strengthens USDC's role as infrastructure for cross-chain payments, DeFi, trading, and automated transactions involving AI agents.