World Chain now supports native USDC, replacing bridged versions and boosting security, liquidity, and transaction reliability.
CCTP V2 enables fast, cost-efficient cross-chain USDC transfers, enhancing DeFi and remittance applications.
The upgrade is part of World Network’s broader strategy to integrate real-world identity and finance on a global scale.
World Network, the blockchain platform behind the global digital identity initiative Worldcoin, has upgraded its World Chain infrastructure with support for native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP). The announcement of June 11 marks a great change in how USD Coin operates in the chain, greatly enhancing the ease, performance, and trustworthiness of transactions using fiat-backed stablecoins within the ecosystem.
Up to this time, USDC on World Chain existed in a bridged manner, wherein users held wrapped tokens-backed tokens representing real USDC on other blockchains. This kind of arrangement caused limitations for liquidity, trust, and speed. The upgrade means now Circle mints USDC natively on World Chain, hence granting a more secure and transparent means. Every native USDC token is backed 1:1 with U.S. dollar reserves held by Circle.
Native USDC Effects on Users
The transfer to native USDC affects World App’s 27 million users, enabling near-instant, low-fee, and trustworthy money transfers. Bridged assets required multiple steps and often came with elevated risks in terms of custody and delays. Native USDC eliminates those issues by providing direct redemption and issuance by Circle.
All previously bridged USDC on World Chain has been automatically upgraded to native USDC, requiring no manual action from users.
Circle’s CCTP V2 Now Live on World Chain
In addition to native USDC, World Chain now supports Circle’s Cross-Chain Transfer Protocol (CCTP) Version 2, a solution that allows seamless movement of USDC across different blockchains. This results in faster, cheaper, and more composable transactions, which developers can use to power DeFi apps, remittances, and other financial services.
Key improvements introduced by World Network include access to Circle Mint for qualified businesses, enhanced developer tools for building USDC-powered Mini Apps, and instant peer-to-peer USDC transfers across supported chains. These upgrades not only streamline cross-chain transactions but also empower businesses and developers with more robust tools for financial innovation.
Collectively, these enhancements position World Network as a stronger player in the digital finance and identity ecosystem, particularly in emerging markets where efficient and trusted digital payment solutions are in high demand.
The launch of native USDC and CCTP follows a series of milestones for World Network, which recently raised $135 million from top investors, including a16z and Bain Capital Crypto. The project also announced the launch of Orb Mini devices in the U.S., new market entries in ###, Argentina, and Thailand, and a strategic partnership with Visa.
While the project continues to face regulatory hurdles in regions such as Indonesia, Brazil, and Kenya, its expansion continues, with plans to support Circle’s euro-pegged EURC.