Native USDC and Circle’s CCTP V2 will be launched on Sei

By: odaily.com|2025/07/11 20:16:33
0
Share
copy

Odaily News USDCs cross-chain transfer protocol CCTP V2 will soon be launched on Sei Network, supporting the high-speed and low-cost circulation of native USDC across multiple chains. This integration will introduce USDC, the worlds largest compliant stablecoin, to Sei, improve network liquidity, and strengthen its position as an institutional-level financial infrastructure.
Native USDC has 1:1 US dollar convertibility, full reserves and compliance attributes, and can access institutional-level deposit and withdrawal channels through Circle Mint. CCTP V2 will enable seamless transfer of USDC between Sei and other public chains, helping to build an efficient cross-chain application liquidity routing infrastructure.
It is reported that Circle is one of Sei’s early investors. Circle Ventures partner Wyatt Lonergan said that he will work closely with the Sei team to jointly promote the development of stablecoin transactions and open finance.

You may also like

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

Cursor, why did you get on Musk's spaceship?

SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15
1,000 BTC Protection Fund
1:1 proof of reserves and on-chain verification to keep your funds secure.
1,000 BTC Protection FundVerify now

Popular coins

Latest Crypto News

21:43

Kalshi partners with StarCompliance to open employee prediction market trading monitoring to financial institutions

According to Barron's, the prediction market platform Kalshi announced a partnership with compliance service provider StarCompliance to provide financial institutions with real-time monitoring of employee prediction market trading. Under the partnership arrangement, institutions using the StarCompli...
21:43

Sharon AI announced the issuance of convertible senior notes to raise 700 million dollars

Sharon AI announced the issuance of convertible senior notes to raise $700 million, with funds to support the computing agreement with NVIDIA.
21:43

Data: In May, Ionic Digital's Bitcoin production increased by 21.1% month-on-month, with a total of 2,861 coins held at the end of the month

Ionic Digital released the mining and operations update for May 2026. The data shows that the company mined a total of 24.77 bitcoins that month, a month-over-month increase of 21.1%; the average daily hash rate was 1.74 EH/s, a month-over-month improvement of 15.3%, mainly driven by the improvement...
21:43

Data: In the past 24 hours, the total liquidation across the network was 286 million USD, with long positions liquidated at 216 million USD and short positions liquidated at 70.4905 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $286 million, with long positions liquidated at $216 million and short positions liquidated at $70.49 million. Among them, Bitcoin long positions were liquidated at $65.80 million, Bitcoin short positions...
21:43

Data: The current whale position on the Hyperliquid platform is 4.658 billion USD, with a long-short position ratio of 1.02

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.658 billion, with long positions of $2.347 billion, accounting for 50.38% of the total holdings, and short positions of $2.311 billion, accounting for 49.62%. The profit and loss for long positions is -$...
Read more
Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com