Circle has announced the launch of its USDC stablecoin, accompanied by the release of the Cross-Chain Transfer Protocol (CCTP) V2 on the World Chain. This significant development allows nearly two million users who had previously held bridged USDC in their World App wallets to seamlessly migrate to the native USDC issued directly by Circle. This transition ensures that their assets are now fully backed by liquid reserves, providing enhanced security and reliability for users.
