Circle Launches CCTP V2 for Faster USDC Transfers on Arbitrum
Circle Launches CCTP V2 for Faster USDC Transfers on Arbitrum
馃殌 USDC Zips Through Chains
Circle has upgraded its Cross-Chain Transfer Protocol (CCTP) to version 2, enabling faster USDC transfers directly on Arbitrum. The enhancement allows users to:
- Execute seamless USDC transactions across different chains
- Skip the traditional bridging process to Ethereum
- Access native USDC markets on Compound's Arbitrum deployment
The upgrade builds on the existing CCTP infrastructure, streamlining cross-chain USDC operations for better efficiency and user experience.
USDC crosschain transfers to Arbitrum just got faster with Circle鈥檚 CCTP V2! Anyone can now swap, trade, and pay with @USDC seamlessly from anywhere directly on Arbitrum
CCTP V2 is now available on @arbitrum! CCTP V2 on Arbitrum provides: 鈿ast Transfer: crosschain @USDC settlement in seconds 馃攢Hooks: smart contract integrations for post-transfer actions 馃捀Capital Efficient: 1:1 burn-and-mint, no liquidity pools or fillers 馃敀Secured by Circle:
ArbitrumDAO Approves 35M ARB for RWA Institutional Adoption
ArbitrumDAO has approved a significant 35M ARB allocation through STEP 2 (Stable Treasury Endowment Program) to boost institutional RWA adoption. Key developments include: - STEP has generated $650K+ in interest over 6 months - Selected from 50+ applicants, funds will be distributed to: - WisdomTree (WTGXX): 30% - Spiko (USTBL): 35% - Franklin Templeton (BENJI): 35% This follows recent growth in Arbitrum's RWA ecosystem, which reached $240M TVL earlier this month. Learn more about Arbitrum's RWA growth: [Dune Analytics Dashboard](https://dune.com/entropy_advisors/arbitrum-rwa-case-study)
Ostium Labs Launches Stock Trading Integration
Ostium Labs has officially launched stock trading functionality on their platform. This marks a significant step in bridging traditional financial assets with blockchain technology. - The integration allows users to trade stocks through the Ostium Labs platform - Real-World Asset (RWA) adoption continues to grow on the platform - Trading functionality is now fully operational *Note: This development represents a practical implementation of traditional finance assets in web3 infrastructure.*
ArbitrumDAO Security Council March 2025 Election Results
The ArbitrumDAO has completed its Security Council elections for the March 2025 cohort, marking another milestone in the protocol's decentralized governance. This follows the previous election cycle from September 2024, maintaining the regular rotation of council members to ensure continued security oversight. The election process has resulted in 6 new members joining the Security Council, who will serve alongside existing members to help safeguard the protocol's operations. For reference, previous council election details and community events can be found at [Arbitrum Foundation Events](https://arbitrumfoundation.notion.site/arbitrum-bkk)
Arbitrum Enhances Privacy Features with FHE Integration
Arbitrum has integrated Fully Homomorphic Encryption (FHE) through a partnership with Fhenix, advancing blockchain privacy capabilities. The integration enables developers to build privacy-preserving smart contracts on the platform. - FHE allows computation on encrypted data without decryption - Available exclusively on Arbitrum's ecosystem - Complements existing FairBlock partnership for confidential DeFi and gaming For technical details, visit [Arbitrum's blog](blog.arbitrum.io/fhenix-priv)