Well, well, well. Circle’s USDC—the stablecoin that wanted nothing more than to be your favourite digital dollar—and Cross-Chain Transfer Protocol (say that after a few margaritas), are about to shimmy their way into Sam Altman’s World Chain. Yes, that Sam Altman. Now, digital coins + AI magnate = what could possibly go wrong? 😂
On May 1, World—Altman’s flashy blockchain baby—announced they were pairing up with Circle to sprinkle a bit more stablecoin magic into life. Move over, Bitcoin: there’s a new (currency) drama queen in town, and she’s packing some serious dollar-pegged glamour.
In classic blockchain style, World Chain is squeezing in not just USDC but also Circle’s CCTP V2. For those keeping score, this is Circle’s Cross-Chain Transfer Protocol, but now supersized for 2023 attention spans. Quicker, niftier, probably won’t burn a hole through your digital wallet quite so efficiently as before.
Here comes the big sell: nearly two million “verified” World users (translation: people who survived the iris-scanner straight out of a Bond film) can turn previously bridged USDC into actual native USDC. 1:1 backing, they say, like a good SPF—protects you completely. Only, this time, in cash-equivalent assets, not sassy sunblock.
Stuck transferring coins between chains and feeling like you’re playing blockchain hopscotch? Rejoice! CCTP V2 means hopping from chain to chain won’t mean crying over gas fees or waiting an era to transfer a tenner.
Official statement? “The combo accelerates World Network while opening up access to USDC to more humans in economies that can benefit from a fully-reserved digital dollar.” Translation: Blazing fast, more people, less crying over exorbitant fees. 🏦✨
Of course, they’re still keeping us in suspense about the launch date—classic. But they are rolling out a red carpet of goodies: everyone on World gets to send remittances without mortgaging their future to pay fees. And if you’re a business, there are on/off-ramps with Circle Mint. Plus, devs can plug USDC straight into their Mini Apps; finally, something to keep them from coding all night fuelled by ramen and existential dread.
Eurostilts coming soon: EURC, Circle’s MiCA compliant euro-pegged stablecoin, is waiting in the wings. Because you know what they say… when you get bored of dollars, there’s always the euro (now with extra compliance!).
Plot twist! World has just waltzed into the U.S., charming its way into Atlanta, Austin, LA, Miami, Nashville, and San Fran. Of course, not everyone’s queuing up—certain countries (side-eye, Brazil and Hong Kong) have run for the hills due to the whole iris-scanning, “are-we-making-a-sci-fi-movie-or-what?” privacy drama.
The fix? You can request deletion of your unique iris code. Because nothing says “sorry for the dystopian vibes” like a hastily added “Delete My Data” button. 👁️✨🍸
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2025-05-02 12:58