$31 Billion in USDC Moved via CCTP in Q3 2025 Amid Surge in Crosschain Demand

The Circle Cross-Chain Transfer Protocol (CCTP) saw 740% year-over-year growth, highlighting expanding interest in frictionless blockchain interoperability.

USDC

Summary

Circle’s Cross-Chain Transfer Protocol (CCTP), which facilitates native one-to-one USDC transfers between blockchains, processed $31 billion in transactions during Q3 2025—a 740% increase compared to the same period last year. This sharp growth underscores rising demand for seamless liquidity and scalability across blockchain ecosystems as DeFi and multi-chain applications continue to evolve.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle, used for digital payments and liquidity across multiple blockchains.
  • CCTP (Cross-Chain Transfer Protocol): A protocol by Circle that enables direct, native transfers of USDC between different blockchains without intermediaries.
  • Crosschain liquidity: The ability to move assets or value seamlessly between different blockchain networks, improving efficiency and interoperability.