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Circle’s new Gateway promises instant cross-chain USDC transfers that feel like one chain – TON BOT

Circle’s new Gateway promises instant cross-chain USDC transfers that feel like one chain

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Circle has launched Gateway, a cross-chain infrastructure allowing businesses to access USDC balances across multiple blockchains. The system combines smart contracts and off-chain attestation services to create a single USDC balance accessible on various chains. Gateway targets payment service providers, exchanges, custodians, digital wallets, and DeFi trading firms, maintaining non-custodial design principles. The system operates through a three-step process, enabling users to initiate transfers with burn intents and providing fast cross-chain value transfers. Circle’s Gateway aims to enhance stablecoin utility and is part of the company’s efforts to improve financial infrastructure.

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