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Circle Boosts Cross-Chain Power with Axelar Network Tech Acquisition

Key Takeaways

  • Circle will acquire Interop Labs’ team and technology by early 2026 to enhance its blockchain infrastructure and tools;
  • The Axelar Network, its foundation, and the AXL token will stay independent under community governance after the acquisition;
  • Circle plans to use Interop Labs’ tech to improve its Arc blockchain and CCTP.

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Circle Boosts Cross-Chain Power with Axelar Network Tech Acquisition

Circle, the company behind USDC USDC $1.00 , has decided to acquire Interop Labs' team and technology.

The decision will expand Circle’s blockchain infrastructure, though the Axelar Network itself will remain separate and managed by its community.

The acquisition, expected to be completed in early 2026, includes Interop Labs’ employees and its proprietary technology. However, the Axelar Network, its foundation, and the AXL token will continue operating as independent entities under community governance.

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Interop Labs built the original Axelar Network, a decentralized system that enables different blockchains to communicate and transfer assets.

Circle plans to use this technology to strengthen its Arc blockchain and the Cross-Chain Transfer Protocol (CCTP), which enables the transfer of digital assets across various blockchains.

Another contributor, Common Prefix, will take over the responsibilities previously held by Interop Labs. This handover is meant to keep the open-source project active and consistent for developers already working with it.

Circle stated that adding Interop Labs’ experience and tools will make it easier to move assets between chains on Arc, improve resources for developers creating multichain applications, and support new Circle products built on this foundation.

On December 9, Circle received approval from Abu Dhabi’s FSRA to operate as a licensed Money Services Provider. What did the company say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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