Bitcoin Layer 2 developer Alpen Labs announced a partnership with Circle to introduce USDC and CCTP into its Bitcoin financial system. This will allow Bitcoin holders to borrow, lend, and trade using USDC liquidity without selling their Bitcoin or moving it to other networks. Additionally, CCTP will enable the bridging of USDC between Alpen and other supported networks. It explained that USDC can be moved between multiple chains without going through a wrapped token form, allowing it to be used for swaps, payments, treasury rebalancing, and more.
