World Network has upgraded its blockchain infrastructure, World Chain, by integrating native USDC and Circle’s enhanced Cross-Chain Transfer Protocol (CCTP V2). This development marks a shift away from bridged USDC, replacing it with fully-backed, Circle-issued tokens.
Previously, World Chain users relied on “wrapped” USDC versions imported from other blockchains. With this upgrade, users now hold native USDC, which is issued and redeemable directly by Circle and backed 1:1 with U.S. dollar reserves. The change improves transparency, trust, and overall liquidity for World Network’s growing user base of 27 million.
The inclusion of CCTP V2 brings faster and more affordable cross-chain transfers of USDC, while enhancing composability—allowing developers to easily build innovative applications across multiple blockchain environments.
Key Benefits for Users and Developers:
- Automatic Upgrade: Existing bridged USDC balances have been seamlessly converted to native USDC.
- Enhanced Trust: Native USDC is fully collateralized with liquid cash and cash equivalents, eliminating dependency on third-party bridges.
- Developer Tools: Qualified developers can now mint USDC through Circle and integrate it into World Chain’s mini-app ecosystem.
- Faster Remittances: Peer-to-peer payments are now quicker and more cost-effective.
World Network emphasizes a user-first approach to blockchain, focusing on identity and finance. The World App, central to this ecosystem, now benefits from these upgrades by supporting efficient remittance services and offering developers a stronger foundation for decentralized finance applications.
This update comes on the heels of a successful $135 million token sale backed by major investors and recent expansions into markets such as Taiwan, Argentina, and Thailand. Looking ahead, World Network is also planning support for Circle’s euro-backed EURC stablecoin, despite facing temporary regulatory challenges in some regions.