Circle has introduced xReserve, a new development that allows blockchain teams to deploy their own USDC-backed tokens. These tokens can move seamlessly across supported networks without relying on third-party bridges. The system is powered by the xReserve attestation service and offers a secure and transparent framework for transferring value. It also addresses long-standing inefficiencies in cross-chain stablecoin usage.
Seamless Transfers Across Chains
The challenge of fragmented liquidity has been a persistent barrier for blockchain developers and users alike. Traditional bridged USDC helped bootstrap activity on new networks, but it remained incompatible with native USDC, forcing users to navigate multiple paths for transfers. Each bridge carries its own security model, compounding trust assumptions and limiting liquidity per chain. This complexity has slowed adoption and created friction for developers aiming to build user-friendly applications.
Introducing Circle xReserve, a new interoperability infrastructure for blockchain teams to launch USDC-backed stablecoins.
Built to expand the USDC ecosystem, xReserve enables developers and users to transfer value seamlessly between USDC and USDC-backed stablecoins across… pic.twitter.com/lXKWSibwZT
— Circle (@circle) November 18, 2025
xReserve solves this problem by enabling fully interoperable USDC-backed stablecoins. Through Circle CCTP and Circle Gateway, tokens minted via xReserve can move freely between networks. This delivers unified liquidity and a consistent experience for users. The system works through attestations, cryptographic proofs that verify key events such as deposits and burns.
For example, when a user deposits USDC on Ethereum, xReserve signs an attestation that allows a partner blockchain to mint an equivalent amount of USDC-backed tokens. Cross-chain transfers follow a similar burn-and-mint process, ensuring that the total supply remains fully backed and secure. This is what the CEO of Circle said about it:
Excited for the launch of Circle xReserve, a new product for blockchain teams to launch their own USDC-backed stablecoins; fully reserved, highly liquid, with Circle attestations and seamless 1:1 interop with USDC including across chains. https://t.co/hKLtvPCsZ1
— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) November 18, 2025
A real-world illustration of xReserve’s potential comes from a developer deploying a USDC-backed token on Stacks. Previously, users transferring funds from Ethereum had to rely on multiple bridges, each with its own risk. With xReserve, the token now moves directly and securely, reducing wait times and simplifying the process for both developers and end users.
More About Circle
Circle Payments Network now supports end-to-end Travel Rule compliance, ensuring that transactions move with transparency and trust. This enables businesses to meet regulatory requirements while maintaining smooth payment flows.
Circle Payments Network supports end-to-end Travel Rule compliance so transactions can move with transparency and trust.
With partners like @tazapay, global businesses can seamlessly connect to Hong Kong and accelerate money movement across Asia-Pacific. pic.twitter.com/vp8bCkPsaw
— Circle (@circle) November 18, 2025
With partners like Tazapay, global companies can connect seamlessly to Hong Kong, speeding up cross-border transactions across the Asia-Pacific region and making it easier to move funds securely and efficiently.