Circle Adds Native USDC, EURC and CCTP Support to Plasma

Stablecoin issuer Circle has launched native USDC and EURC on Plasma alongside Cross-Chain Transfer Protocol, or CCTP, and Bridge Kit, giving the stablecoin-focused Layer 1 first-party access to Circle-issued dollar and euro tokens and its crosschain transfer stack.

Circle published mainnet contract addresses for both tokens on Aug. 28. When checked, the linked Plasmascan pages displayed a maximum total supply of 4,654,322.737666 USDC with six holders and 12,866.64 EURC with five holders.

Circle said eligible institutional traders and teams will be able to access fiat on/offramps for USDC payments and settlement, along with deposit, withdrawal and API functionality on Plasma. Separately, users can access USDC through Plasma One, the network’s stablecoin app and card, while developers can integrate both USDC and EURC into Plasma applications, according to Circle.

CCTP Adds a Native Transfer Rail

CCTP moves USDC by burning tokens on the source chain, obtaining a signed attestation from Circle and minting the same amount on the destination chain. That avoids creating wrapped USDC representations and the need for liquidity pools. Circle’s Bridge Kit packages the process for developers; the company says a crosschain transfer can be integrated in roughly 10 lines of code.

An Across Protocol guide dated July 17 had already said the bridge was routing native USDC to Plasma through CCTP. Circle’s Aug. 28 rollout adds official contract listings, EURC and Circle’s own developer documentation.

Plasma describes its network as a purpose-built blockchain for fast, low-cost stablecoin payments. The additions extend that system with Circle-issued dollar and euro options for payments, settlement, trading and treasury operations.

Circle lists USDC as natively supported on 37 blockchains after the Plasma launch. The company said EURC is now native on eight chains and CCTP on 28.