Circle (@circle): In addition to native USDC, CCTP V2 is now live on @LineaBuild!
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
In addition to native USDC, CCTP V2 is now live on @LineaBuild! Developers and their users can now transfer USDC securely between Linea and supported blockchains at faster-than-finality speeds. With CCTP V2, you can: 💸Enable cross-chain onboarding for your app by allowing USDC deposits directly from Ethereum and more. ⚖️Meet withdrawal demand for USDC on Linea on your exchange by rebalancing 1:1 with CCTP V2 behind the scenes. ✨Accept USDC payments for your marketplace from multiple blockchains. Users never need to think about which supported blockchain they hold their USDC on. CCTP V2 uses a native burn-and-mint process to securely move USDC from one supported blockchain to another. With no need to lock up liquidity or rely on third-party fillers, CCTP V2 maximizes capital efficiency and minimizes trust assumptions. With the addition of Linea, CCTP V2 can facilitate USDC transfers in a many-to-many fashion between Linea, @avax, @base, and @ethereum. Dozens of apps, wallets, bridges, exchanges, and infrastructure providers are expected to support CCTP V2 on Linea, with @SOCKETProtocol @BungeeExchange, @InterportFi, @lifiprotocol, and @MayanFinance live on Day 1! Start building today: circle.com/cctp