World Chain, renowned for eye-scanning digital ID systems, has officially integrated Circle’s native USDC. It has also upgraded CCTP V2. It is with the motive of replacing its bridged USDC with the real coin issued directly by the company. This step strengthens the relationship among World Chain and Circle, the company behind one of the biggest regulated stablecoins across the globe.
Source: World Chain Twitter Handle
Till now, about 2 million users on the platform were using “bridged USDC.” It is a copy of the stablecoin moved over from another blockchain and not the real ones.
Now, the platform has switched to using real tokens made. This new version is already live and operates on the same system as earlier, so users and developers do not need to change anything.
World says people have been using this stablecoin to send money across countries and to buy things in applications. With this upgrade, sending and spending the stablecoin tokens will be safer and easier because it’s more secure and works better than the old version.
As a part of the contract, Circle also introduced its Cross-Chain Transfer Protocol V2 on the platform. This will enable users to transfer USDC across several blockchains rapidly. It is fast, secure, and includes a new feature called “Hooks”, this is automated work that starts as the transactions complete. It is created to assist developers develop more flexible and smarter applications.
The platform has more than 27 million verified users across the globe. The platform is aiming for a future where people can conveniently access global money tools, from remittances to personal finance applications.
Circle’s step to go public on June 5 has also made headlines in the crypto market. It is listed on the New York Stock Exchange in a major IPO. Post the public debut, the stock price of the company has surged almost 280%, demonstrating higher investor interest. The shares increased by more than 11%% following the World Chain announcement.
The organisation has had an objective for a very long time, to replace bridged or synthetic stablecoins with natively issued digital currency. This partnership reflects that goal, developing a more trustworthy and regulated digital money system across different blockchains.
This integration also arrives as the U.S. is on the verge of enacting new stablecoin legislation. The GENIUS Act just cleared a critical Senate vote as momentum increases to make a regulated system of a digital dollar possible.
Circle CEO Jeremy Allaire explained that the mission of the company is to build trust and facilitate real-time cross-border payments. In addition to USDC, Circle also provides EURC, a stablecoin pegged on the euro, and is developing a global payments network based on blockchain.
This collaboration is not just a technological advancement, it is a huge step towards transforming stablecoins as more legit, secure, and useful. With verified users, real USDC, and faster cross-chain tools, the platform is becoming a serious player in the world of digital finance.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.