Circle Internet Financial has announced the launch of USDC and CCTP V2 on Ink, an Ethereum Layer-2 blockchain developed by Kraken and part of the Optimism Superchain, which aims to enhance secure, cost-effective stablecoin payments and facilitate unified DeFi liquidity and crosschain transfers. Ink is designed to offer a robust infrastructure for decentralized finance by providing fast and composable solutions that enable developers and users to explore new financial opportunities. The integration of USDC, a regulated stablecoin fully backed and redeemable 1:1 for US dollars, and CCTP V2, which allows efficient crosschain movement of USDC, is expected to drive significant growth in DeFi trading and crosschain experiences. Businesses and individuals can access on/off-ramps for converting fiat to USDC through Circle Mint, with the infrastructure being open-source and accessible for developers to build upon.