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Morph Integrates USDC and Circle's CCTP for Cross-Chain USD Settlement
Circle’s USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) are now live on Morph, the Ethereum Layer 2 network. This integration establishes USDC as the standardized USD settlement asset across Morph, with Circle’s regulated financial affiliates handling issuance directly on the network.
The CCTP deployment enables seamless asset transfers between Morph and other blockchain networks, enhancing interoperability for developers and users seeking standardized cross-chain settlement solutions. By positioning USDC on Morph, the network gains institutional-grade stability and compliance infrastructure, further supporting its growth as a settlement layer in the blockchain ecosystem.