Circle launched CCTP V2 on Unichain, enabling faster USDC transfers and developer-friendly automation tools like Hooks.
CCTP V2 brings improved capital efficiency through a burn-mint model, reducing liquidity fragmentation across networks.
After previously being present on various networks, now it’s Unichain’s turn to be officially connected to Circle’s Cross-Chain Transfer Protocol version 2 (CCTP V2). This step was officially announced by Circle yesterday, and was immediately warmly welcomed by the crypto community. It’s not just about the speed of transfers between networks, but also about the new flexibility that makes developers’ lives much easier.