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USDC expands reach with native launch on XDC Network 

source-logo  crypto.news  + 1 more 29 August 2025 11:06, UTC
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$USDC continues to strengthen its position as the leading regulated stablecoin with a native launch on $XDC Network.

Summary
  • $USDC is now live on $XDC Network, enabling secure, bridge-free transfers backed 1:1 by Circle.
  • Circle’s CCTP V2 powers cross-chain interoperability with a “burn and mint” mechanism.

$USDC goes live on $XDC Network

$XDC Network ($XDC) announced today that USD Coin ($USDC), the stablecoin issued by Circle, is launching on its network. With this native launch, $USDC on $XDC is not a copy or derivative — it’s the same regulated, 1:1 redeemable digital dollar used on Ethereum (ETH) and Solana (SOL). This means users can hold and transfer real $USDC on $XDC with full backing from Circle, without relying on bridges or wrapped tokens, which makes transfers more secure, faster, and easier to integrate into apps.

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Powering this integration is Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2). Rather than wrapping tokens, CCTP uses a “burn and mint” mechanism. When a user transfers USD Coin from one chain to another, the tokens are burned on the source chain, verified by Circle’s attestation system, and freshly minted on the destination—in this case, $XDC.

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$USDC cross-chain presence

The addition of $XDC further expands $USDC’s cross-chain presence, reinforcing its role as the most widely adopted regulated stablecoin across multiple ecosystems. $USDC is already natively available on 24 networks—including Ethereum, Solana, Polygon, Avalanche, Base, Arbitrum, Stellar, and Polkadot.

The integration of $USDC on $XDC Network follows another milestone for the stablecoin. Earlier this month, Circle launched Gateway, enabling instant $USDC transfers across seven major blockchains, namely Arbitrum, Avalanche, Base, Ethereum, OP Mainnet, Polygon PoS, and Unichain.

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