Circle’s CCTP adds upfront fee payments for faster USDC transfers

  • Circle updated CCTP to support upfront fees for Fast Transfer USDC transactions.
  • CCTP fees can be paid in source-chain gas tokens or USDC before execution.
  • CCTP’s Quote API combines Fast Transfer and Forwarding fees into one quote.

Circle’s Cross-Chain Transfer Protocol (CCTP) now supports upfront fee payments for Fast Transfer transactions. Developers can quote and collect fees before execution using either the source chain’s native gas token or USDC, rather than deducting fees from the USDC amount on the destination chain. The change is designed to make costs more predictable and ensure users receive the expected USDC amount. CCTP’s Quote API can calculate fees across supported chains and combine Fast Transfer and Forwarding fees into a single quote, eliminating the need for developers to build separate fee-calculation systems.

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