CandleFocus USDC Crypto Issuer Circle Rolls Out CCTP V2, Here’s Its Impact
2024-12-10
Author: Content Editor
Peer-to-peer payments technology firm Circle has announced the launch of its upgraded Coss-Chain Transfer Protocol (CCTP) V2, aimed at addressing liquidity fragmentation and poor user experiences when transferring the USDC stablecoin. The new version will enable faster cross-chain USDC transfers across different blockchains, reducing wait times and complexity. Circle plans to launch CCTP V2 on the Ethereum mainnet, Base, and Avalanche in early 2025. The protocol will also enhance security and trust in the stablecoin market. Additionally, Circle is still pursuing its dream of launching an IPO, with the hope of securing additional funding.
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