Ava Labs announced the launch of the Avalanche Interchain Token Transfer (Avalanche ICTT) solution on July 3.
This solution leverages underlying technologies such as Teleporter and Avalanche Warp Messaging to support seamless cross-chain USDC and BTC tokens among various L1s (previously known as subnets) on Avalanche. The Avalanche ICTT also allows any developer to customize their L1 using their own ERC-20 as a Gas token.
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