World Integrates Circle’s USDC and Cross-Chain Protocol
- World upgraded around 2 million users’ bridged USDC to native USDC issued directly by Circle.
- Circle’s Cross-Chain Transfer Protocol, enabling fast USDC transfers across blockchains, is now live for World’s network of over 27 million users.
- Brazil’s Matera partnered with Circle to support multicurrency accounts, integrating USDC with local payment systems like Pix.
- Circle’s shares increased by over 10% following the USDC rollout on World.
- World debuted in the US in April, launching in six cities including Los Angeles and Miami.
The integration of Circle’s native USDC on World enhances the network’s capabilities for remittances and e-commerce through Mini Apps, while Matera’s partnership facilitates seamless financial operations in Brazil using stablecoins alongside traditional currencies.
Circle’s strategic moves have led to a significant increase in its stock value, reflecting confidence in its expanding role within the global financial ecosystem. (Source)