World Chain Embraces Native USDC with Circle’s CCTP for Effortless Cross-Chain Transfers
The post World Chain Embraces Native USDC with Circle’s CCTP for Effortless Cross-Chain Transfers appeared on BitcoinEthereumNews.com.
World Chain has fully integrated native USD Coin and is incorporating Circle’s Cross-Chain Transfer Protocol V2 into its ecosystem. Thanks to Circle’s secure, permissionless protocol, World Chain users can now move USDC between supported chains with a simple burn-and-mint process. World Chain, the blockchain initiative co-founded by OpenAI CEO Sam Altman as part of the broader World Network, is becoming a global digital identity and finance platform. On June 11, the team announced an update: World Chain has now integrated native USDC, the U.S. dollar-backed stablecoin issued by Circle, along with support for Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2). This replaces previously “bridged” versions of USDC on World Chain with native, fully-backed tokens issued directly by Circle. That means users now get access to a trusted, regulated digital dollar with deep liquidity, without needing to change anything on their end. The difference between native and bridged USDC is significant. More than 2 million user balances have already been upgraded from bridged USDC to native USDC, which is backed 1:1 by cash and cash-equivalent reserves. Originally launched in 2018, USDC has processed over $25 trillion in on-chain volume and currently has a circulating supply close to $60 billion. CCTP V2 allows for native, cross-chain transfers of USDC through a burn-and-mint process, cutting out third-party bridges, reducing transfer times from minutes to seconds, and making the entire process more secure. The update also includes support for Hooks, which lets developers automate actions when funds arrive. In turn, this opens the door to smarter, more programmable applications. On top of that, users gain access to Circle’s full infrastructure, making it easier than ever to move money in and out of the crypto space. Why It Matters For developers, it means building DeFi tools just got a lot easier and more scalable. They…
Filed under: News - @ June 12, 2025 11:29 pm