Circle Unveils Cross-Blockchain Crypto Transfer Design Using USDC

Circle has announced a new technology design aimed at facilitating cryptocurrency transfers or swaps across different blockchains using USDC, without the need for holding native gas tokens. According to NS3.AI, the design could be implemented through Arc, a Gas Station model where developers cover the fees, or a Paymaster system that allows users to pay gas fees with USDC on existing blockchains.