How to Bridge USDC?
The Different Ways to Bridge USDC
One of the most popular assets supported at ChainPort is USDC, a stablecoin pegged to the US dollar. Let's delve into the various USDC bridging methods available at ChainPort:
ChainPort supports USDC bridging via token wrapping and two external protocols: CCTP and Li.Fi.
CCTP is a protocol that enables native cross-chain bridging between different chains. Li.Fi is a bridge aggregator protocol that enables cross-chain transfers.
Using CCTP, USDC can be bridged to and from:
Ethereum
Arbitrum
Optimism
Base
Avalanche
When using Li.Fi, USDC can be bridged to and from:
Ethereum
Polygon
It is important to note that the available target networks for bridging USDC may differ depending on the source network from which USDC is being bridged. For instance, if a user is coming from AVAX with USDC and wants to port, they will only see the following network options: Ethereum, Polygon, Arbitrum, Optimism, and Base.
If a user holds USDC on Polygon and wants to bridge, they will see the following target network options: Ethereum, Avalanche, Arbitrum, Optimism, Base.
However, it is possible to bridge USDC to Humanode from any chain where we support Native cross-chain bridging, for example, Avalanche
In this case, the user must bridge USDC to Ethereum first and then bridge it to Humanode.
USDC Bridging via CCTP
Supported Chains:
Ethereum
Polygon
Arbitrum
Optimism
Base
Avalanche
Wrapped USDC Bridging
Supported Chains:
Ethereum
Humanode
Meld
USDC Bridging Tips
Users should be aware that the available target networks for bridging USDC may vary depending on the source network from which USDC is being bridged. Remember, if your preferred destination isn't immediately visible, a strategic port to Ethereum first unlocks a broader spectrum of blockchains.
Happy Bridging!
Updated on: 14/10/2024
Thank you!