Circle Launches USDC Stablecoin and Cross-Chain Transfer Protocol V2 on World Chain
Circle has announced the launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) V2 on World Chain. This development allows the nearly two million users who previously held bridged USDC in their World App wallets to upgrade to native USDC issued directly by Circle, ensuring that their holdings are now fully backed by liquid cash and cash-equivalent assets.
With over 27 million users across 160 countries, World Chain facilitates fast and cost-effective transfers, enabling participants to send remittances without high fees. The integration enhances the utility of USDC, allowing developers to incorporate it into World App Mini Apps and providing businesses with institutional on/off-ramps through Circle Mint. This upgrade not only accelerates the World Network but also expands access to a regulated digital dollar, with plans to support EURC in the future.