Circle adds prepaid fees to CCTP Fast Transfer

Circle has added upfront fee payments to CCTP Fast Transfer, allowing developers to quote and collect cross-chain USDC fees on the source network while preserving the amount delivered to recipients. CCTP collects transfer fees before burning USDC Circle’s official developer…

• Circle's CCTP Fast Transfer now supports upfront fee payments, allowing developers to collect fees on the source network before burning USDC.
• This new model ensures recipients receive the full intended amount of USDC, separating transfer value from protocol fees.
• Fees can be paid in USDC or the source blockchain's native gas token, with an EVM-compatible source chain required for this feature.

Topics: Asset types, Infrastructure providers, Payment system integration, Stablecoins digital cash, Tokenization platforms, Stablecoin payments remittances

Tags: #circle #usdc #cctp #fasttransfer #crosschain #fees #quoteapi #evm #tokenmessenger #burnandmint

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