KEY TAKEAWAYS
- World Chain will integrate native USDC and launch CCTP V2, enhancing cross-chain transfers and expanding access to the digital dollar.
- The upgrade to native USDC ensures full reserve backing and seamless usability for developers and users without requiring any action.
- CCTP V2 will enable near-instant USDC transfers across multiple blockchains, including Ethereum and Avalanche, improving multichain experiences.
- Developers can leverage native USDC for real-world applications, facilitating peer-to-peer payments and e-commerce within World App’s Mini Apps.
World Chain, part of the World project co-founded by Sam Altman and Alex Blania, is set to integrate native USDC and launch CCTP V2, as announced here. This development aims to expand access to the regulated digital dollar and facilitate seamless cross-chain transfers for developers and users.
World Chain is a blockchain designed to cater to real-world applications, enabling developers to reach millions of users with apps for everyday life. With over 25 million users across more than 160 countries, the network is gaining traction globally and is now entering the U.S. market.
Upgrade to Native USDC and CCTP V2
As of April 30, the World Chain ecosystem has bridged USDC circulating across 1.9 million wallets. In the coming weeks, this bridged USDC will be upgraded to native USDC issued by Circle, ensuring it is fully reserved and redeemable 1:1 for USD. This upgrade requires no action from developers or users.
Alongside the upgrade, CCTP V2 will be launched on World Chain, enabling secure and near-instant USDC transfers across various blockchains, including Avalanche, Base, Ethereum, and Linea. Additional blockchain support is anticipated later this year.
Benefits for Developers and Users
For developers building Mini Apps within World App, native USDC offers a trusted digital dollar for real-world use cases such as peer-to-peer payments, savings, and e-commerce. CCTP V2 enhances this by allowing cross-chain payments with USDC to apps on other blockchains in seconds.
This infrastructure, secured by Circle, enables developers to provide seamless multichain experiences directly within Mini Apps. The upgrade from bridged USDC to native USDC is expected to take 1–2 weeks, with bridged USDC remaining usable for trading, spending, and swapping during this period.
The contract address for bridged USDC will remain unchanged after the upgrade, with only the token name and symbol being updated to USDC.
Why This Matters: Impact, Industry Trends & Expert Insights
World Chain is set to integrate native USDC and launch CCTP V2, enhancing cross-chain transfers for developers and users. This development aims to expand access to the regulated digital dollar and facilitate seamless cross-chain transactions.
Recent industry reports indicate that native USDC adoption is expanding across various blockchains, marking significant advancements in decentralized finance. This aligns with World Chain’s integration of native USDC, which enhances liquidity and interoperability for decentralized applications. OneSafe
A CoinDesk report highlights that Circle’s Cross-Chain Transfer Protocol (CCTP V2) significantly reduces USDC cross-chain settlement times from 13–19 minutes to seconds. This supports the impact of World Chain’s integration by enabling faster and more efficient cross-chain transactions. CoinDesk
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