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      Circle CCTP Adds Prepaid Fee Feature for Fast Transfers

      PANews, September 8 – According to official sources, Circle’s cross-chain transfer protocol CCTP now supports a prepaid fee feature for fast transfers. Previously, protocol fees were deducted directly from the USDC transfer amount on the destination chain; with this update, developers can now quote and collect fees in advance via the source chain’s native gas token or USDC before the transfer is executed, simplifying fee handling for cross-chain transfers and ensuring users receive the expected amount of USDC. Currently, the prepaid fee feature supports USDC transfers on all EVM chains covered by CCTP, but does not yet support transfers initiated from Solana, while transfers to Solana remain supported.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud