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Cryptocurrency News Articles

Circle (COIN) Stock Soars More Than 10% as USDC Token Expands to World Chain

Jun 12, 2025 at 04:32 pm

The stablecoin issuer announced its USDC token would launch natively on World Chain. The blockchain project is co-founded by OpenAI CEO Sam Altman

The stablecoin issuer announced that its USDC token would launch natively on World Chain, a blockchain project co-founded by OpenAI CEO Sam Altman. The integration provides users with direct access to Circle’s extensive on-ramp and off-ramp infrastructure.

The company’s Cross-Chain Transfer Protocol V2 also launched on World Chain alongside native USDC. This protocol enables the near-instantaneous transfer of USDC across supported blockchain networks.

Furthermore, CCTP V2 introduces a new feature called Hooks. These programmable functions can be used to automatically trigger specific actions when funds arrive at their destination.

"Native USDC is now live on World Chain!

World Chain developers and users get trust, stability, and global access from the world’s largest regulated stablecoin.

Frictionless access to crosschain liquidity is also now made possible with CCTP V2.

Key takeaways:

• USDC is now live on a 21st chain

Node Program

The post Circle's Stock Surges Over 10% With USDC Launching on World Chain

The post Circle’s Stock Surges More Than 10% With USDC Launching on World Chain appeared first on TokenPost | Cryptocurrency News, Price, Events and Analysis.

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, a leading cryptocurrency exchange, announced today that its stock had closed Wednesday with gains exceeding 10%. This follows the announcement of its USDC token launching natively on World Chain. The blockchain project, co-founded by OpenAI CEO Sam Altman, is known for its human verification technology.

The stock has now risen more than 250% since its initial public offering (IPO) last week. Circle priced its IPO at $31 per share and currently trades above $116.

The company’s market valuation has reached approximately $28.34 billion. This represents nearly a four-fold increase from its IPO pricing.

World Chain automatically upgraded all existing bridged USDC tokens to the new native version. Users and developers can continue operating without workflow disruptions since the smart contract address remains unchanged.

Native @USDC is now live on @world_chain_!

World Chain developers and users gain trust, stability, and global access from the world’s largest regulated stablecoin.

Frictionless access to crosschain liquidity is also now made possible with CCTP V2.

Key… pic.twitter.com/JMUYjMsjF8

— Circle (@circle) June 11, 2025

The protocol provides liquidity pools and serves as a cross-chain bridge to facilitate the transfer of USDC. It currently supports blockchain networks such as Avalanche, Optimism, Sepolia, Ankr, Base, Apichain, and Chainlink.

The integration expands the reach of USDC, which is already widely used in decentralized finance (DeFi) protocols and institutions. It also marks the 21st blockchain network to gain native support for the stablecoin, which ranks second-largest by market capitalization.

Highlighting the significance of the upgrade, Circle stated that it will enhance liquidity, security, and capital efficiency for World Chain ecosystem participants.

The integration provides users with direct access to Circle’s extensive on-ramp and off-ramp infrastructure. They can easily transfer fiat currency into USDC through Circle’s preferred partners or contribute liquidity to the protocol.

Moreover, the company’s Cross-Chain Transfer Protocol V2 also launched on World Chain alongside native USDC. This protocol enables the near-instantaneous transfer of USDC across supported blockchain networks.

Those protocols are covered by Circle's liquidity pools, facilitating efficient and rapid cross-chain transactions.

CCPT V2 also introduces a new feature called Hooks. These programmable functions can be used to automatically trigger specific actions when funds arrive at their destination. For instance, a DeFi protocol could set up a Hook to mint a derivative token when receiving USDC, while a hedge fund might use it to execute an arbitrage strategy.

The post Circle's Stock Surges Over 10% With USDC Launching on World Chain appeared first on TokenPost | Cryptocurrency News, Price, Events and Analysis.

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