Ava Labs launches Avalanche Interchain Token Transfer (ICTT) scheme
Ava Labs announces the launch of Avalanche Inter-Chain Token Transfer (Avalanche ICTT) solution, utilizing underlying technologies such as Teleporter and Avalanche Warp Messaging to support seamless cross-chain transfers of tokens like USDC and BTC 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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