Key facts
- Circle has launched native USDC and its Cross-Chain Transfer Protocol (CCTP) on OKX's X Layer.
- X Layer is an Ethereum-compatible layer-2 network developed by OKX.
- The integration allows for direct use of Circle-issued USDC, bypassing bridged versions.
- CCTP facilitates seamless USDC transfers between X Layer and other supported blockchains.
- Qualified businesses can access USDC issuance and redemption via Circle Mint on X Layer.
Circle has expanded its stablecoin infrastructure by launching native USDC and its Cross-Chain Transfer Protocol (CCTP) on OKX's X Layer, an Ethereum-compatible layer-2 network. This integration provides direct access to Circle-issued USDC for developers, businesses, and applications, enabling regulated dollar-based payments and DeFi services without relying on bridged versions. The launch aims to bolster decentralized finance applications, payment services, trading platforms, and other blockchain-based financial solutions on X Layer. Qualified businesses will also gain access to USDC issuance and redemption directly through Circle Mint. X Layer is designed to support Ethereum-based applications with lower fees and faster settlement times, targeting use cases in DeFi, real-world asset tokenization, and artificial intelligence. CCTP's availability on X Layer allows for seamless USDC transfers across supported blockchain networks, enhancing liquidity access for developers building multi-chain applications. While X Layer will continue to support bridged USDC from Ethereum, Circle and the X Layer ecosystem encourage a transition to native USDC over time. The stablecoin is also positioned to support automated transactions and settlements for AI agents and services within X Layer's x402 ecosystem.