$USDC The USDC from Circle and the cross-chain transfer protocol are coming to World Chain 💱
🔵 Circle's stablecoin USDC and the cross-chain transfer protocol will be integrated into Sam Altman's World project, allowing users to convert their transferred USDC into native stablecoins.
The integration will enable nearly two million verified users in World who already hold transferred USDC in their World App wallets to convert it into native USDC.
This means that all their assets in stablecoins will be backed at a 1:1 ratio with US dollars and other cash-equivalent assets.
Next, eligible companies registered on the World Chain will be able to access institutional on/off ramps through Circle Mint.