According to ChainCatcher, Ava Labs has officially announced the launch of the Avalanche Interchain Token Transfer (Avalanche ICTT) solution, which uses Teleporter and Avalanche Warp Messaging underlying technologies to support seamless cross-chain USDC and BTC tokens between various L1s (formerly known as Subnets) on Avalanche.

In addition, Avalanche ICTT also allows any developer to customize L1 using their own ERC-20 as a Gas token.