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Circle’s Native USDC Goes Live on World’s Blockchain
- World has expanded its partnership with Circle, enabling Circle’s USDC and CCTP V2 to go live on World Chain.
- Circle has converted all existing bridged USDC on World Chain to native USDC, making it now 100% backed by highly liquid assets.
- The upgrade aims to provide a regulated digital dollar trusted globally by users and developers.
- With CCTP V2, transferring USDC across supported chains becomes faster and more cost-effective for developers, businesses, and consumers.
- This partnership allows over 27 million users on World Chain to utilize a regulated digital dollar for transfers to/from the blockchain.
- Developers can integrate USDC into World App Mini Apps and leverage a globally distributed blockchain.
- Circle recently debuted on the New York Stock Exchange, with its stock surging post-IPO, indicating investor interest in tech-driven money movement.
- Circle's IPO signifies the readiness to transition to the internet financial system, stated Circle Co-founder and CEO Jeremy Allaire.
- Investors are driving the tech-driven transformation of money movement, as seen in recent funding rounds across various financial sectors.
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