Circle has updated the cross-chain protocol CCTP to version 2.0, enabling instant and secure transfers of USDC between blockchains, including Arbitrum, without intermediaries. The market capitalization of USDC has reached $60.2 billion — indicating a growing trust in the stablecoin. Circle has also filed for an IPO, revealing $1.68 billion in revenue for the previous year. Additionally, the Solflare wallet has launched a self-managed card for spending USDC via Google Pay, Apple Pay, and Mastercard. Overall, USDC is actively being implemented in fintech, DeFi, and Web3 environments.
