Circle announces bridged-to-native USDC upgrade for Linea

Circle announces bridged-to-native USDC upgrade for Linea


Circle, the transmitter of the second largest stablecoin in the world by USDC with market capitalization, plans to have the first USDC highlighting to a bridge in natives on Linea Linea of ​​layer 2.

In a announcement On March 5, Circle said that Ethereum fueled by zero knowledge (Ethn) Layer 2 will be the first blockchain to attend the USDC (USDC) upgrade. Linea should go from a sanded version of USDC to a native version.

Circle presented The USD Ponted Standard in November 2023 and since then, Stablecoin has become one of the most sanded assets of the crypto ecosystem.

The new blocks of blocks often deploy the bronted version of the $ 56 billion for Stablecoin in their Environment Testnet or Mainnet. Circle, in the past, added the native support to several EVM blockchains, Rollups and other L2 platforms.

However, Linea should be the first blockchain network to have its USDC Ponté, or USDC.E, improved transparently to the native program. This means a deployment that offers security to be fully reserved and exchangeable 1: 1 for American dollars.

“We make the story with Circle by being the first to go from the bridge to the native USDC without disturbance. The same address of the contract, no liquidity fragmentation, faster and more secure transactions – that is what a seamless blockchain infrastructure looks like ”, Linea Posted on X.

The upgrade will see a bridging break for USDC.E on March 16, 2025. However, USDC.E will remain usable in chain activities such as trading, expenses and exchange.

As Circle notes in its blog article announcing the USDC native launch on Linea, the support also means access to the cross -transfer protocol of the Stablecoin transmitter.

Circle will also add CCTP V2 support for Linea after the USDC native launch of the ZKEVM L2, the connector to Ethereum, Avalanche and Base for Transversal Transfers.

Launched by Consensys, Linea has experienced significant growth since its main one was put online in July 2023. The number of decentralized applications on the network exceeded 400, with more than $ 250 million in transactions.

Use cases by seeing significant growth include decentralized funding, games, non -butties and digital identity, among others. The L2 leads as the upper ZKEVM by secure total value and, For DefilmaCurrently has more than $ 190 million of total locked value.

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