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Circle Launches Native USDC on Sei Network for Enhanced Liquidity

Circle's launch of native USDC and CCTP V2 on Sei Network enhances liquidity and supports seamless cross-chain transfers for institutional users.

USDC
SEI

Summary

Circle has launched native USDC and CCTP V2 on the Sei Network, enabling seamless cross-chain transfers and improving liquidity access for institutional users. The previous version of Sei USDC.n will remain available as users transition to the new native USDC, further solidifying Sei's infrastructure for cross-chain finance.

Terms & Concepts
  • USDC: A stablecoin pegged to the U.S. dollar, primarily used for digital transactions.
  • Sei network: A blockchain platform designed for high-speed transactions and cross-chain interoperability.
  • CCTP V2: Circle's Cross-Chain Transfer Protocol version 2, facilitating secure and efficient asset transfers across different blockchains.