Circle’s CCTP sees 200% transfer volume increase

$2T lost in 140 days: Why this crypto market crash looks different

Circle has reported a remarkable 200% year-over-year increase in the transfer volume of its Cross-Chain Transfer Protocol (CCTP). This growth signifies a strategic pivot for Circle, traditionally reliant on USDC assets under management, towards a model focused on generating revenue through on-chain transactions. The shift is part of a wider trend within the blockchain industry, where firms are adapting transaction-based monetization strategies to diversify their revenue streams beyond stablecoin reserves.

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