World Network integrates native USDC and Circle’s CCTP

World Network has upgraded its blockchain with the Native USDC support and Circle Cross Transfer Protocol.

Update, announcement By World Network on June 11, put an end to a bridged currency (USDC) On the world channel, replacing it with native tokens entirely on the back emitted directly by Circle. The USDC native will offer its 27 million users a faster and more reliable way to move money.

Until now, users have been holding the Ponted versions of the USDC, which are enveloped assets representing the USDC of another chain. The native USDC, on the other hand, is directly struck and bought by Circle, supported 1: 1 by reserves in US dollars. This upgrade improves transparency, confidence and liquidity.

In addition to the native USDC, the introduction of CCTP V2 facilitates cross transfers, allowing developers and users to transfer the USDC between blockchains faster and at a lower cost. It also supports better composability or the possibility for applications to interact transparently on decentralized financing platforms.

A certain number of new features are made possible by this integration, in particular access to Mint Circle for qualified companies, improved developer tools to create USDC mini-applies and faster peer transfers. All USDC previously sanded on the world channel have already been automatically upgraded to the native.

World Network, which is positioned as a global digital identity and finance platformsaw increasing use of the USDC for funding of funds and payments via mini applications in its global application. The latest update improves this feature while opening the door to developers in order to create more financial tools directly in the platform.

It comes a few weeks after the world raised $ 135 million in investors like A16Z and Capital Crypto Bain in a public world (WLD) Sale of tokens. The other recent milestones include the launch of the Orb Mini Device in the United States, a partnership with Visa and the entry to Taiwan, Argentina and Thailand on May 31.

Despite the fact to the regulations challenge In countries like Indonesia, Kenya and Brazil, the world continues to grow, with plans to add support to the EURO Euro Circle in the near future.