Company
Date Published
Author
Team Circle
Word count
475
Language
English
Hacker News points
None

Summary

Circle Internet Financial has announced that USDC and CCTP V2 are now live on the Linea blockchain, marking the first transition from Bridged USDC Standard to native USDC, which enhances liquidity, security, and capital efficiency. This upgrade is seamless for existing integrations, maintaining the same contract address and requiring no action from developers or users. Native USDC is regulated, fully reserved, and redeemable 1:1 for USD with Circle Mint, providing a reliable foundation for trading, payments, and financial services. CCTP V2 enables rapid USDC transfers across supported blockchains, and MetaMask is offering USDC rewards on purchases made with their card, increasing the utility for everyday transactions. Fintechs, exchanges, institutional traders, and developers can leverage USDC on Linea for global payments, trading, and frictionless cross-chain transfers. Businesses can apply for a Circle Mint account to access on/off-ramps for converting local fiat currency to USDC, and developers are encouraged to explore documentation for building innovative on-chain applications.