World Integrates Circle’s USDC and CCTP V2 to Power Fast, Global Transfers

Circle’s USDC and CCTP V2 (Cross-Chain Transfer Protocol) are coming soon to World Chain.

This isn’t your typical stablecoin integration because World Chain isn’t your typical blockchain. We’re combining the biggest use case in crypto – stablecoins – together with the most distributed network of humans: World. 

If you’re saying to yourself, “I thought USDC was already on World,” you’ve actually hit upon the “so what” of all this. Almost two million humans on World already hold bridged USDC in their World App wallets. And it’s ripe for an upgrade to native USDC issued directly by Circle. World is uniquely globally distributed with over 25 million users in over 160 countries.

From Buenos Aires to Busan, World Network participants have been accessing bridged USDC in Mini Apps and sending remittances without predatory transfer fees.

Which is where the upgrade to native USDC and the introduction of CCTP V2 comes into the picture.

With one seamless process, Circle is converting all existing bridged USDC held on World Chain to native USDC, which means it’ll now be 100% backed by highly liquid cash and cash-equivalent assets. This automatic upgrade will make it the regulated digital dollar that’s trusted globally by users and developers today.

And with CCTP V2, transferring USDC across supported chains gets faster and more cost effective. This means developers, businesses and consumers alike can quickly and easily move funds and fully benefit from DeFi composability. The combo accelerates World Network while opening up access to USDC to more humans in economies that can benefit from a fully-reserved digital dollar. 

Once live:

• The 25M+ users on World Chain can use a regulated digital dollar for fast and frictionless transfers to and from the blockchain. 
• Institutional on/off-ramps with Circle Mint^[1] for eligible businesses
• Developers can build USDC straight into World App Mini Apps and tap into a globally distributed blockchain.

With native USDC and CCTP V2 on World Chain, app developers have even greater access to the world’s largest identity and financial network. That’s good news for the network’s 25 million (and growing) users who are ready for supercharged utility from the world's largest regulated stablecoin. Additionally, there are intentions to support EURC on World in the future. 

Get ready to expect more from decentralized finance and come build it with us. 

For details on CCTP V2, visit Circle developer docs. To learn how to build on World, read our developer docs.

To stay informed about World, visit the World website or subscribe to the blog below.

You can also join the daily conversation on all World social media channels, or get additional important information concerning the project by reading the World protocol whitepaper.