Circle Brings Native USDC to OKX's X Layer Network
Circle has integrated native USDC and the Cross-Chain Transfer Protocol (CCTP) on OKX's Ethereum layer2 network X Layer.
This move allows users to transfer USDC directly between chains with other supported blockchains, including payments, DeFi lending and borrowing, trading, and cross-chain transfers.
X Layer is an EVM-compatible network that enables applications developed for Ethereum to run on it with relatively few changes.
The integration also enables qualified companies to use USDC on-ramps and off-ramps based on X Layer through Circle Mint.