Sonic has upgraded by bridging in Native USDC, adds support CCTP V2

Sonic, one of the fastest growing blocks for Stablecoin activities, is set to switching from the USC to Native USDC and integrates cross-chane connection protocol (CCTP V2).

The upgrade is expected to start bridging Pause 6. May, with full deployment completed for about a week later, Sonic Labs announced.

Launched in December 2024. years, Sonic quickly became the leading hide for bridging USD, praised over 480 million dollars in the USDC and $ 1 billion in the total value of locked value. Upcoming transition to the USDC Native (USDC) Aim to further simplify liquidity and offer developers a more consistent user experience.

The upgrade will not require that there is no action of the developer or user.

Existing USDC.e Tokens will automatically convert to the Native USDC, eliminating the need for manual replacements or changes in the contract.

During the upgrade, USDC.E will remain fully functional for trading and bridging through third party tools.

CCTP V2

The transition also brings CCTP V2 on the Sonic, a protocol that uses the combustion and mint model to allow faster and more secure USER transfers through supported blocks.

In other words, CCTP V2 Whether the circle is a protocol that allows you to be burned on a home SSDC on one block and immediately minted on another, allowing quick, safe and capital and capital transmissions in fastening without the use of wrapped assets.

Increases interoperability through supported chains and simplifies integration for developers.

Sonic will join avalanches, base, ethereum and line as part of the Interoperable CCTP V2 network.

Circle He will take ownership of the wonder’s priority during transition, allowing the reversal of the original USDC and the integration of the conditions for the institutional approach for institutional access.

This move is expected to improve the functionality of the smart contract, improve liquidity and unlock new cases of use through the growing Ecosystem of Sonic from over 125 applications.