Circle's CCTP V2 Launches on Polygon PoS
Circle's CCTP V2 Launches on Polygon PoS
🌉 Polygon Joins The Circle
Circle's Cross-Chain Transfer Protocol V2 (CCTP) is now live on Polygon PoS, offering:
- Fast USDC transfers across chains in seconds
- Smart contract hooks for post-transfer actions
- Capital efficient 1:1 burn-and-mint mechanism
- Enhanced security backed by Circle
Seven major platforms including BungeeExchange, CCTPMoney, and Wormhole are supporting the launch. Polygon PoS joins a growing network of CCTP V2-supported chains including Arbitrum, Avalanche, Base, Ethereum, and Solana.
CCTP V2 is now live on @world_chain_! Developers and their users can now transfer @USDC securely between World Chain and supported blockchains at near-instant speeds. With CCTP V2, you can: 💸Enable crosschain onboarding for your app by allowing USDC deposits directly from
USDC and CCTP V2 are now live on @codex_pbc! Codex is a new EVM blockchain designed for B2B stablecoin transactions and streamlined onchain FX. With native @USDC and CCTP V2 support, Codex enables fast, low-cost cross-border payments with seamless crosschain interoperability.
USDC and CCTP V2 are coming soon to @codex_pbc! Codex is a new EVM blockchain designed for B2B stablecoin transactions and streamlined FX settlements. With @USDC and CCTP V2, businesses will be able to facilitate fast and efficient cross-border payments on Codex and benefit
CCTP V2 is now available on @0xPolygon PoS! Key benefits for developers and users: ⚡Fast Transfer: crosschain @USDC settlement in seconds 🔀Hooks: smart contract integrations for post-transfer actions 💸Capital Efficient: 1:1 burn-and-mint, no liquidity pools or fillers
Circle Payments Network Whitepaper Released
Circle has released their Payments Network (CPN) whitepaper, outlining their vision for a global onchain payments system. The network aims to transform digital payments worldwide through: - Real-time settlement using USDC and EURC stablecoins - Cross-border payment capabilities - Reduced capital lockup requirements - Full transaction visibility - API-driven infrastructure The whitepaper details design principles, current use cases, and future expansion plans. Early partners include Alfred, Tazapay, Conduit Pay, and RedotPay, with corridors already live across Latin America and Asia-Pacific regions. [Read the whitepaper](https://circle.com/cpn-whitepaper)
Circle Alliance Program Expands with Cashmere Labs Integration
**Cashmere Labs**, a Circle Alliance Program member, is advancing USDC adoption through: - One-click omnichain payment solutions - Streamlined vault interactions - Cross-chain liquidity operations The integration leverages **CCTP V2** technology across networks, offering enhanced efficiency and reduced costs. This follows recent partnership with Blindpay Labs, expanding Circle's ecosystem of payment solutions. [Learn more about Circle Alliance Program](https://www.circle.com/alliance-program)
Money Built Different: Global Financial System Upgrade Announced
A significant upgrade to the financial system has been announced, focusing on three key aspects: - **Speed**: New infrastructure enabling faster transactions - **Borderless**: Removing geographical limitations in money movement - **Universal Access**: Designed to be accessible to all users The initiative, originating from NYC, aims to revolutionize traditional financial frameworks by creating an inclusive system that serves everyone's needs. This represents a continuation of the development efforts first announced earlier this month. *The project emphasizes building a fundamentally different approach to money, moving away from conventional limitations.*
Circle Awards $500K+ in Unlocking Impact Pitch Competition
Circle's Unlocking Impact Pitch Competition continues to drive innovation in sustainable development, offering entrepreneurs: - **$100K in USDC** prize money - Live pitching opportunity at UN General Assembly in NYC - Professional mentorship support - Focus on UN Sustainable Development Goals The competition builds on previous success, including meaningful collaborations with World Bank and IDB Lab in Washington D.C., emphasizing financial inclusion and cross-sector innovation. [Apply now through Goodwall](https://www.goodwall.io/tags/UnlockingImpact)