Home Cronos Launches Native USDC, EURC & Circle’s CCTP Ahead Of New Trading App

Cronos Launches Native USDC, EURC & Circle’s CCTP Ahead Of New Trading App

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Cronos Launches Native USDC, EURC & Circle's CCTP Ahead Of New Trading App
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Cronos is the first blockchain to simultaneously launch native USDC, EURC, and Circle’s Cross-Chain Transfer Protocol (CCTP), expanding its regulated stablecoin infrastructure ahead of the Cronos App launch later this year. This integration enables users to transfer assets across over 20 blockchain networks and trade cryptocurrencies, tokenized stocks, and prediction markets from a single account funded with native USDC.

Cronos states that native USDC will serve as the primary settlement currency for its new trading platform, allowing users to trade multiple asset classes from a single balance. The platform will also support EURC, Circle’s regulated euro-backed stablecoin, offering both U.S. dollar and euro settlement options.

With Circle’s CCTP, users can transfer USDC between supported blockchains without using wrapped tokens or third-party bridges, enhancing security and efficiency.

During the transition, existing bridged USDC will remain available as USDC.e, while liquidity gradually moves to native USDC issued directly by Circle.

Cronos announced that the new infrastructure will enable decentralized finance applications, institutional payments, cross-chain settlement, AI-powered financial services, and regulated fiat on and off-ramps through Circle Mint.

The Cronos App, which will reportedly be available in over 183 nations, will allow users to engage in crypto trading, tokenized equities, and prediction markets with 10x buying power, and settle all transactions in native USDC.

The cronos app launch signifies the company’s commitment to facilitating the underlying infrastructure for regulated stablecoins and enabling cross-chain interoperability for institutional and retail clients worldwide.

 

 

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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