Injective initiates migration of exchange dApps to USDC standard
The post Injective initiates migration of exchange dApps to USDC standard appeared on BitcoinEthereumNews.com. Injective is pulling off something that sounds simple but rarely is in crypto: getting an entire ecosystem to agree on one stablecoin standard. Every exchange dApp on the Layer 1 blockchain is migrating to native USDC, effectively phasing out bridged assets like USDT and USDCnb that previously served as the default trading pairs. New governance proposals are advancing to support the transition, and users can already swap their old bridged stablecoins for native USDC through a dedicated widget on the platform. How the migration works The foundation for this shift was laid on May 7, 2026, when native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP) went live on the Injective mainnet. CCTP is the mechanism that allows USDC to move natively across blockchains, meaning tokens are burned on the source chain and minted on the destination chain rather than locked in a bridge con