- Circle’s CCTP is now live on the Stellar network, enabling users to transfer USDC to Ethereum, Solana, Base and 20 other chains.Â
- Stellar says developers can now tap its low fees and high transaction throughput, while tapping Ethereum for liquidity or Solana for DeFi.Â
Circle’s Cross-Chain Transfer Protocol (CCTP) has launched on Stellar. The USDC issuer called on developers, institutions, and businesses to move USDC between Stellar and 23 supported blockchains using Circle’s canonical burn-and-mint infrastructure. This means that more wallets, apps, or services using USDC can interact with Stellar better, improving its interoperability.
CCTP is now live on @StellarOrg.
Developers, institutions, and businesses can now move USDC between Stellar and 23 supported blockchains using Circle’s canonical burn-and-mint infrastructure.
→ Crosschain transfers, deposits, and swaps
→ Programmatic treasury rebalancing
→… pic.twitter.com/h8V7BwWzT1— Circle (@circle) May 19, 2026
USDC has been available on Stellar for years, but with CCTP, it can now be transferred to Ethereum, Solana, Base, and dozens more. Previously, moving the stablecoins across chains depended on Circle Mint access or third-party bridges, which can be less secure. As we have reported, hackers have targeted bridges this year, with KelpDAO losing $300 million and Verus Protocol getting drained for $11.6 million a week ago.
Using CCTP, developers can build cross-chain USDC transfers directly into their applications. Hooks will allow developers to attach custom instructions to transfers for triggering automated actions when funds arrive on a new chain.
Under CCTP, the origin chain burns USDC, and the destination chain mints it 1:1. This process helps reduce risk while enabling transactions to settle quickly and securely across supported networks.
Stellar’s XLM Faces Heavy Bearish Pressure
Stellar says capital movements could be a big deal for exchanges. It explains that decentralized exchanges can offer better rates and centralized exchanges can optimize their liquidity pools. For other blockchains, this integration offers them a chance to enjoy the Stellar network’s low-cost, fast settlement, and 475,000+ MoneyGram locations for off-ramping.
Experts have called for networks to work together, arguing that no single blockchain could offer an all-in-one solution. For instance, Ethereum boasts deep liquidity but falls short on speed, cost, and scale. Interoperability allows users to operate between Ethereum and Stellar, which has lower transaction costs.
Although the news was widely celebrated by the community, it had little effect on prices. At the time of writing, Stellar’s XLM coin is down 2% over the last 24 hours and trading for $0.1435. The drop sees the coin extend its weekly losses to 12% as it faces growing bearish pressure.
Technical analyst Javon Marks recently predicted that XLM is on track to reach $0.681. He pointed out that this price breakout could see the coin rally more than 300% or push even higher towards $1.29.
As ETHNews reported, the Stellar Development Foundation and the Government of Bermuda recently announced a new initiative to move key payment and financial services onto Stellar as it works toward a fully on-chain national economy.
