[Circle Deploys Native USDC and EURC on Plasma Chain and Launches CCTP] According to The Defiant, stablecoin issuer Circle has deployed native USDC and EURC on the Plasma chain and launched the Cross-Chain Transfer Protocol (CCTP) and Bridge Kit, providing this stablecoin-focused Layer 1 with native USD and EUR stablecoins as well as cross-chain transfer capabilities. CCTP enables cross-chain transfers by burning USDC on the source chain, obtaining a signature proof from Circle, and minting an equivalent amount of USDC on the destination chain, without the need to create wrapped USDC or rely on liquidity pools. Circle stated that eligible institutions can access fiat on/off-ramps via Plasma, and developers can integrate USDC and EURC into their applications. USDC now natively supports 37 blockchains, EURC natively supports 8 blockchains, and CCTP covers 28 blockchains.