**[USDC and Circle CCTP to Launch on Morph, Offering Native USD Settlement and Standardized Cross-Chain Transfers]** Deep Tide TechFlow reports on February 26th, according to official sources, USDC and Circle Cross-Chain Transfer Protocol (CCTP) will launch on Morph. USDC will be issued on Morph by Circle's regulated affiliated entity, serving as a USD-denominated settlement asset within the network and providing a more consistent foundation for USD settlement in payment applications. CCTP will enable USDC transfers between supported blockchains through a burn-and-mint mechanism. USDC will be burned on the source chain and minted natively on the target chain, ensuring 1:1 supply consistency and standardized settlement behavior. Applications can choose between Standard Transfer or Fast Transfer modes based on their needs. Morph stated that USDC and CCTP will support USD settlement and cross-chain fund allocation in scenarios such as crypto cards, cross-border remittances, payment gateways, DeFi, and trading. This initiative will align with Morph's $150 million Payment Accelerator program to further advance its positioning as a payment settlement layer.