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ADA $0.2195 -0.57%
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HYPE $85.03 -0.24%
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Flash

Circle launched the CCTP rapid transfer prepayment fee model

According to official news, the Circle Cross-Chain Transfer Protocol (CCTP) now supports a fast transfer prepayment fee feature. Previously, the protocol fee would be directly deducted from the USDC transfer amount on the target chain; with this update, developers can pre-quote and collect fees using the native Gas token or USDC from the source chain before executing the transfer, thereby simplifying the fee handling for cross-chain transfers and ensuring that users receive the expected amount of USDC.It is reported that the prepayment fee mechanism mainly improves the predictability of fees in cross-chain applications. Users do not have to bear the reduction in the actual amount received due to additional deductions on the target chain; at the same time, the CCTP Quote API can uniformly calculate fees for different supported chains and integrate Fast Transfer and Forwarding fees into a single quote, so developers do not need to build systems to separately calculate multiple protocol fees. In addition, fees can be paid directly using the native token of the source chain, which will not reduce or affect the actual transferred USDC balance.Currently, the prepayment fee feature supports USDC transfers on all EVM chains covered by CCTP, but it does not support transfers initiated from Solana; transfers to Solana are still supported. Developers can obtain specific fee quotes through the Quote API and integrate this feature, and relevant developers can refer to the CCTP official documentation to build a more predictable cross-chain USDC transfer process.

first_img HYPE Financial Company Hyperion DeFi announced a $20 million stock buyback and raised its full-year guidance

NASDAQ-listed company Hyperion DeFi (NASDAQ: HYPD) announced on September 8, 2026, an upward revision of its full-year guidance for 2026 and initiated a common stock repurchase plan of up to $20 million. The company claims to be the first publicly listed DeFi company in the U.S. built on Hyperliquid. The full-year adjusted gross profit guidance has been raised from the previous $5 million to $7 million to $7 million to $8 million.The company expects adjusted net operating cash flow to turn positive in the third quarter of 2026, earlier than the previous expectation of "turning positive by the end of 2026"; and it anticipates that core operating income will turn positive in the third quarter, with adjusted gross profit from the core DeFi business expected to exceed operating expenses after excluding equity incentives for the first time. The adjusted gross profit guidance for the third quarter is $2 million to $2.5 million, with operating expenses after excluding equity incentives at $2 million to $2.25 million, and core operating income at $0 to $500,000.The board has authorized the repurchase of up to $20 million of common stock in circulation within a maximum of 12 months, which can be conducted through open market purchases, private negotiations, block trades, and other methods, with no specific quantity guaranteed. The plan may be extended, suspended, or terminated at any time. CEO Hyunsu Jung stated that the DeFi business has accelerated recently, and the core business in the third quarter is expected to achieve breakeven in terms of profit and cash flow, noting that HYPD common stock is currently trading at a discount of about 20% to 30% relative to net assets.
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