# Circle’s CCTP Transfer Volume Surpasses $300 Billion Across Blockchains By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/51530 Published: 2026-11-08T10:26:14.000Z Updated: 2026-11-08T10:26:14.000Z Section: Technology > Circle began lowering CCTP V1 transfer limits Oct. 31, ahead of a general pause scheduled for Dec. 1. Circle’s Cross-Chain Transfer Protocol (CCTP) has processed more than $300 billion in transfers between blockchains, marking a new volume milestone for the infrastructure as Circle prepares to pause its first version. CCTP moves USD Coin (USDC) between blockchains by burning tokens on the sending chain and minting an equal amount on the destination chain. The protocol also supports EURC and cirBTC. Circle began reducing transfer limits for CCTP V1 on Oct. 31. A general pause is scheduled for Dec. 1, and integrators using V1 need to update their connections for V2 under the [CCTP transition schedule](). ## Links in this article - [CCTP transition schedule](https://www.tokenpost.com/news/technology/44434)