Circle to launch gateway for unified USDC access across blockchains
2025/07/01 16:00Circle is introducing a new cross-chain system to simplify how USDC moves across different blockchains.
According to a July 1 press release , USD Coin ( USDC ) stablecoin issuer Circle is preparing to roll out Gateway, a new infrastructure layer that enables instant cross-chain USDC liquidity without the need for traditional bridging.
The system aims to address the fragmentation of liquidity and user experience issues caused by isolated blockchain networks.
In the current setup, users holding USDC on one network cannot access it on another without bridging. This creates friction for individuals and operational inefficiencies for businesses that have to pre-fund and manage balances across multiple chains.
To tackle this, Gateway introduces a non-custodial smart contract that allows users to deposit USDC into a unified balance. That balance can then be accessed in real time across supported networks, without manual asset transfers or network switching.
“Today’s multichain landscape poses fundamental challenges to mainstream adoption, the statement read. “Gateway makes it possible to build experiences where access to USDC is truly instant, universal, and chain-agnostic, while users retain full ownership and control of their assets.”
For businesses, Gateway reduces the need to maintain USDC balances across multiple chains by enabling on-demand liquidity on supported chains, which may improve capital efficiency and reduce operational costs.
Circle CEO Jeremy Allaire described the system as “totally seamless crosschain UX for USDC,” adding that the launch comes “just in time for mainstream scale adoption of stablecoin money.”
Testnet support for Gateway is expected to go live in July on Ethereum, Avalanche, and Base, with additional chains to follow.
Meanwhile, Circle recently applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency, seeking authorization to manage the reserves backing USDC and offer digital asset custody services to institutional clients.
.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Stock IPO Preview | From Losses to Net Profit of 5.46 Million: The "Three-Dimensional" Platform Business Strategy with a Taste for Golf
Crossing the break-even line, the growth inflection point has arrived.
Core CPI Exceeds Expectations Again, Fed Hawks Loud! 2027 FOMC Voting Member Directly Calls Inflation Hot
Austan Goolsbee, President of the Chicago Federal Reserve, stated that officials must address the issue of high inflation, and described the October consumer price report as worrisome.
Weight-loss drug receives FDA warning for rare eye disease; Novo Nordisk (NVO.US) and Eli Lilly (LLY.US): No evidence of causality
The FDA requires all GLP-1 drugs to include a warning about the rare eye disease NAION. Novo Nordisk and Eli Lilly deny any causality, while Citi states that the impact on adoption is limited.
