$USDC

Cross-Chain Liquidity Upgrade

◦ Sonic Chain Launch: Circle announces the official launch of native USDC on the Sonic blockchain, supporting the cross-chain liquidity protocol CCTP V2, enabling near-instant cross-chain transfers and automated operations. The first batch of partner institutions includes Aave, Binance, and others.

◦ Technical Advantages: CCTP V2 reduces cross-chain transaction costs by 70% and allows institutional users to mint or redeem USDC directly at a 1:1 rate through Circle Mint.

2. Compliance and Institutional Collaboration

◦ Traditional Financial Integration: Payment giants such as Visa and Mastercard have adopted USDC for cross-border transactions, addressing the high costs and inefficiencies of the traditional SWIFT system.

◦ Enterprise-Level Services: Circle provides blockchain technology solutions for financial institutions, promoting the application of USDC in scenarios such as supply chain finance and charitable donations.