Circle’s CCTP passes $100 million in cross-chain volume for non-USDC assets

Circle built its Cross-Chain Transfer Protocol to do one job: move USDC between blockchains. That job description just got longer. CCTP has now handled more than $100 million in cross-chain volume for assets other than USDC, including cirBTC, EURC and WETH. The milestone arrived shortly after Circle switched on multi-asset support in September 2026. In other words, this was not a slow multi-year climb. It happened within weeks. How Circle’s CCTP moves tokens without wrapping them CCTP uses a burn-and-mint model, destroying tokens on the source chain and creating the same amount fresh on the destination chain. Users end up holding the real asset, not a stand-in. There is no wrapped version to track, and no liquidity pool that needs to be stocked for the transfer to go through. A September rollout in three acts The expansion began on September 2, 2026, when CCTP added native EURC transfers. Circle’s euro stablecoin started out on routes between Ethereum and Base, then extended to Arc, a network aimed at institutions. Next came cirBTC. The token, which is backed 1:1 by Bitcoin, launched on Arc on September 21, 2026. Native cirBTC transfers through CCTP were switched on just days later...