Circle to Launch CCTP V2 for Faster USDC Transfers with Low-Latency Settlements on Ethereum, Base, and Avalanche in Early 2025

Circle has announced the upcoming launch of its Cross-Chain Transfer Protocol (CCTP) V2, set to debut in early 2025. This new version will facilitate faster and lower-latency transfers of the USDC stablecoin across multiple blockchains, specifically Ethereum, Base, and Avalanche, with plans for further integrations in the future. The enhancements promise to significantly improve the efficiency of cross-chain transactions, allowing for near-instant settlements.

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