ME News reports that, on November 5 (UTC+8), according to a proposal on the Sky ecosystem forum, the Sky protocol plans to implement several adjustments during the Osero Spell on November 19, connecting the Ethereum mainnet with the Osero liquidity layer on Base, and enabling USDC cross-chain transfers via Circle’s Cross-Chain Transfer Protocol (CCTP).

It is reported that this upgrade plans to integrate the Osero x Gauntlet USDC Prime Vault (Morpho Vault V2), managed by Gauntlet, on Base, initially configuring USDC funds. The proposal encompasses seven adjustments across Ethereum mainnet and Base, including enabling CCTP functionality on both chains, setting cross-chain USDC transfer limits, establishing permission management mechanisms on Base, and integrating the USDC vault. (Source: ChainCatcher)