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Biometric Crypto ID Initiative Expands to Include USDC Stablecoin Support

Published by news.bitcoin.com on 23 hours ago

Biometric Crypto ID Initiative Expands to Include USDC Stablecoin Support

Circle has unveiled the introduction of its USDC stablecoin along with the Cross-Chain Transfer Protocol (CCTP) V2 on World Chain. This significant advancement enables nearly two million users who previously held bridged USDC in their World App wallets to transition to the native USDC issued directly by Circle.

The upgrade guarantees that users' holdings of USDC are now fully backed by liquid reserves, enhancing the stability and reliability of their investments.

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