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hi everyone my name is Jeff day Im a software engineer at Circle uh today Im going to be giving a demo on circles cross chain transfer protocol also known as cctp a permissionless on chain utility that will allow users to burn native usdc on one chain and mint the same amount on another chain so at a high level this presentation will cover the following why we built cctp a high level overview an integration walkthrough and a short demo so first why we built cctp we had a few key design pillars around which we wanted to build cctp first a focus on Native usdc our primary goal was to allow individuals to seamlessly move native usdc between blockchains we really want to move away from any type of wrapped asset because they create huge honey pots as weve seen over the past year or so so the escrow contracts can be drained and cause a huge loss of funds second unify liquidity we have a lot of confusion in customer errors caused on blockchains where there are two versions of usdc uh both