World Network Enhances blockchain with Native USDC and CCTP V2
On June 11, World Network unveiled a meaningful upgrade to its blockchain. The platform now supports native USDC and Circle’s latest cross-chain transfer protocol, CCTP V2.This move replaces the bridged USD Coin (USDC) on World Chain with fully-backed, native tokens issued by Circle.
Native USDC offers 27 million users a faster and more reliable way to transfer money. Unlike bridged versions, native USDC is directly minted and backed 1:1 by U.S. dollar reserves. This upgrade boosts openness, trust, and liquidity.
CCTP V2 facilitates quicker and cheaper cross-chain transfers. It enables developers and users to move USDC between blockchains seamlessly. This protocol also enhances composability, allowing apps to interact better across decentralized finance platforms.
The integration introduces several new features. Qualified companies can now access Circle Mint, and developers have improved tools for creating USDC Mini Apps.Peer-to-peer transfers are also faster. All bridged USDC on World chain has been automatically upgraded.
world Network, a global digital identity and finance platform, has seen growing USDC use for remittances and payments via mini Apps. This update strengthens this functionality and opens doors for developers to build more financial tools.
Recently,World raised $135 million in a public Worldcoin (WLD) token sale. Other milestones include the launch of the Orb Mini device in the U.S., a Visa partnership, and entry into Taiwan, argentina, and Thailand. Despite regulatory challenges in some countries, World plans to add support for Circle’s euro-pegged EURC.
