Skip to content

Enable bridging between processors for USDC repayments on chains without USDG/PYUSD #239

Description

@mpetrunic

Summary

Enable bridging between processors so that USDC repayments received on chains where USDG/PYUSD are not available can be bridged to a supported chain.

Motivation

Paxos stablecoins (USDG, PYUSD) are only deployed on a subset of chains. When we receive a USDC repayment on a chain that doesn't have USDG or PYUSD, we have no local processor path. We need to bridge the USDC to a chain where USDG/PYUSD (and the corresponding processor) is supported.

Scope

  • Allow a processor to bridge funds to another processor on a different (supported) chain.
  • Trigger this when a USDC repayment lands on a chain without USDG/PYUSD support.
  • Route bridged funds to a chain where the target Paxos token / processor is available.

Parent: sprintertech/sprinter-api#1161

Activity

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment

Metadata

Metadata

Assignees

No one assigned

    Labels

    No labels
    No labels

    Projects

    No projects

      Milestone

      No milestone

      Relationships

      None yet

      Development

      No branches or pull requests

      Issue actions