The post Circle’s new Gateway promises instant cross-chain USDC transfers that feel like one chain appeared on BitcoinEthereumNews.com. Circle has launched a unified cross-chain infrastructure that enables businesses to access USDC balances across multiple blockchains. An Aug. 19 announcement labeled the new product as Gateway, a system that addresses liquidity fragmentation issues that force companies to pre-position funds across chains and manage complex rebalancing operations. Gateway combines smart contract infrastructure with an off-chain attestation service to create a single USDC balance accessible on Arbitrum, Avalanche, Base, Ethereum, OP Mainnet, Polygon PoS, and Unichain. Additional chains, including Circle’s Arc, will receive support in future releases. The platform targets payment service providers, exchanges, custodians, digital wallets, and DeFi trading firms that require efficient cross-chain USDC management without operational overhead. Gateway maintains non-custodial design principles, ensuring depositor control over USDC holdings at all times. Fund access requires both user signatures and Gateway attestations, preventing unauthorized movements or burns. The system includes trustless withdrawal mechanisms allowing users to recover funds after seven days if the Gateway API becomes unavailable. Unified UX for financial infrastructure The system operates through a three-step process beginning with USDC deposits into Gateway Wallet contracts on any supported blockchain. After deposit finalization, Gateway credits the unified balance and instantly makes funds accessible across all supported chains regardless of the original deposit location. Users initiate transfers by signing burn intents, which developers submit to the Gateway API for verification and attestation generation. Once users sign burn intents, corresponding USDC mints execute on destination chains within the subsequent block, providing single-chain experience speeds for cross-chain value transfers. Among the use cases are payment service providers reducing working capital requirements while exchanges eliminate rebalancing delays. Additionally, digital wallets display unified USDC balances, and DeFi trading firms deploy capital more efficiently across chains without pre-positioning funds. Gateway represents Circle’s latest initiative to enhance stablecoin utility following several strategic moves this year. The… The post Circle’s new Gateway promises instant cross-chain USDC transfers that feel like one chain appeared on BitcoinEthereumNews.com. Circle has launched a unified cross-chain infrastructure that enables businesses to access USDC balances across multiple blockchains. An Aug. 19 announcement labeled the new product as Gateway, a system that addresses liquidity fragmentation issues that force companies to pre-position funds across chains and manage complex rebalancing operations. Gateway combines smart contract infrastructure with an off-chain attestation service to create a single USDC balance accessible on Arbitrum, Avalanche, Base, Ethereum, OP Mainnet, Polygon PoS, and Unichain. Additional chains, including Circle’s Arc, will receive support in future releases. The platform targets payment service providers, exchanges, custodians, digital wallets, and DeFi trading firms that require efficient cross-chain USDC management without operational overhead. Gateway maintains non-custodial design principles, ensuring depositor control over USDC holdings at all times. Fund access requires both user signatures and Gateway attestations, preventing unauthorized movements or burns. The system includes trustless withdrawal mechanisms allowing users to recover funds after seven days if the Gateway API becomes unavailable. Unified UX for financial infrastructure The system operates through a three-step process beginning with USDC deposits into Gateway Wallet contracts on any supported blockchain. After deposit finalization, Gateway credits the unified balance and instantly makes funds accessible across all supported chains regardless of the original deposit location. Users initiate transfers by signing burn intents, which developers submit to the Gateway API for verification and attestation generation. Once users sign burn intents, corresponding USDC mints execute on destination chains within the subsequent block, providing single-chain experience speeds for cross-chain value transfers. Among the use cases are payment service providers reducing working capital requirements while exchanges eliminate rebalancing delays. Additionally, digital wallets display unified USDC balances, and DeFi trading firms deploy capital more efficiently across chains without pre-positioning funds. Gateway represents Circle’s latest initiative to enhance stablecoin utility following several strategic moves this year. The…

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more