- World Chain now supports the original USDC, to replace stereoscopic versions, promote security, liquidity and reliability of transactions.
- CCTP V2 provides USDC transfers through the fast and cost -effective chain, which enhances Defi and Remittance applications.
- The upgrade is part of the broader World Network strategy to integrate identity and financing in the real world on a global scale.
World Network, a Blockchain platform behind the Global Digital Identity Initiative, upgraded the global series infrastructure with the support of the original and Circle (CCTP). the advertisement From June 11, it represents a major change in how the US dollar currency works in the chain, which greatly enhances ease, performance and a trustworthiness in transactions using FIAT stablecoins in the environmental system.
Until this time, USDC was on the global chain in a blocked way, where users maintained the symbols supported by symbols that represent real USDC on other Blockchains. This type of arrangement causes restrictions on liquidity, confidence and speed. The upgrade now means the Circle Mints USDC originally on the world chain, thus giving safer and transparent means. Each original USDC 1: 1 is supported with Circle’s US dollar reserves.
The original USDC effects on users
The transfer to the original USDC affects 27 million App in the world, allowing the transfer of funds close to funds, low status, and trust. Scheduled assets require multiple steps and often come with high risks in terms of incubation and delay. The original USDC cancels these issues by providing redemption and direct version by Circle.
All USDC that was previously flaped on the world chain automatically to the original USDC, which does not require any manual action of users.
Circle’s CCTP V2 now live in the world series
In addition to the original USDC, World Chain now supports the version of the CIRCLE CICLE, a solution that allows a smooth movement of USDC across different groups. This results in faster, cheaper and more integrated transactions, which developers can use in power Defi applicationsOther financial transfers and services.
The main improvements made by the global network include access to Circle Mint for qualified companies, improved developers tools to build mini -US ministry applications, and immediate USDC transfer via supported chains. These promotions not only send transactions across the chain, but also enable companies and developers with more powerful tools for financial innovation.
Collectively, these improvements are placed in the world network as a stronger player in the ecosystem for digital finance and identity, especially in emerging markets where there is a great demand for effective and reliable digital payment solutions.
The launch of the original USDC and CCTP follows a series of global network landmarks, which recently raised $ 135 million of major investors, including A16Z and Bain Capital Crypto. The project also announced the launch Orb mini devices In the United States, the new market inputs in Taiwan, Argentina and Thailand, and a strategic partnership with the visa.
While the project continues to face organizational obstacles in areas such as Indonesia, Brazil and Kenya, its expansion continues, with plans to support the Euro-Pegged in Circle.
The news of the encryption was highlighted today:
The financial advisor was arrested in the encryption fraud, prohibited for a decade
Involve
