Circle: Native USDC Replaces Bridged on X Layer
Circle expands USDC on X Layer with native issuance replacing bridged version, CCTP-ready and MiCA-compliant for deeper liquidity.
SourceAnalysis
USDC keeps expanding its footprint as X Layer replaces USDC_Bridged with native USDC issued by regulated Circle affiliates. Fully reserved and 1:1 redeemable, the token is CCTP-ready and MiCA-compliant, supported from day one by Uniswap for deeper stablecoin liquidity, continuing the history of native vs bridged USDC deployments on layer-2 chains and highlighting Circle CCTP adoption and MiCA compliance impact on new blockchains.
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