$284M of USDC on Stellar is tiny next to Ethereum's $50B+ pool, but it was also stuck in a payments lane with weak composability into EVM/Solana flow. CCTP turns Stellar into usable inventory for treasury desks, payment apps, and on/off-ramp routing, especially with MoneyGram's 475k cash locations at the edge. The footgun is very Stellar-specific: Circle's docs require `CctpForwarder` for inbound mints because raw 32-byte addresses don't distinguish accounts from contracts, so sloppy integrations can still strand funds even with canonical burn-mint.

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