Circle: Linea will become the first blockchain to achieve the upgrade of bridging USDC to native USDC, and the contract address remains unchanged

PANews reported on March 5 that according to Circle's official blog, Linea will become the first blockchain to upgrade from bridging USDC (USDC.e) to native USDC (USDC), and will support Circle's cross-chain transmission protocol CCTP V2 in the upcoming mainnet.

The upgrade is expected to suspend the USDC.e bridge on March 16 and complete the conversion within 1-2 weeks without any action by users or developers. After the upgrade, the existing USDC.e will be automatically converted to USDC, and the contract address remains unchanged. Currently, more than $19 million of bridged USDC has been circulated on the Linea chain, accounting for 71% of its stablecoin supply.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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