dYdX Fully Integrated with CCTP, allowing Native USDC Cross-Chain from Ethereum

dYdX announced the dYdX chain has now fully integrated with CCTP, the cross-chain transfer protocol from Circle. Users can now move native USDC from Ethereum, Avalanche, and other chains.

dYdX is partnering with Circle and Noble chain to utilize Circle's Cross chain transfer protocol (CCTP). CCTP is an on-chain program that facilitates transfers of the USDC between supported blockchains without a custodial bridge.

dYdX recently launched its v4 as a standalone chain in the Cosmos ecosystem, it uses USDC as collateral in default setting.

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