On March 5th, PANews reported that according to the official blog of Circle, Linea will be the first blockchain to upgrade from bridging USDC (USDC.e) to native USDC (USDC), and will support Circle's Cross-Chain Interaction Transfer Protocol CCTP V2 on the upcoming Mainnet.
This upgrade is expected to suspend the bridging of USDC.e on March 16 and complete the conversion within 1-2 weeks, without any action required by users or developers. After the upgrade, the existing USDC.e will be automatically converted to USDC, and the contract address will remain unchanged. Currently, more than 19 million USDC has been circulated on the Linea chain, accounting for 71% of its stablecoin supply.
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Circle: Linea will be the first blockchain to bridge USDC to native USDC upgrade, with contract Address unchanged
On March 5th, PANews reported that according to the official blog of Circle, Linea will be the first blockchain to upgrade from bridging USDC (USDC.e) to native USDC (USDC), and will support Circle's Cross-Chain Interaction Transfer Protocol CCTP V2 on the upcoming Mainnet. This upgrade is expected to suspend the bridging of USDC.e on March 16 and complete the conversion within 1-2 weeks, without any action required by users or developers. After the upgrade, the existing USDC.e will be automatically converted to USDC, and the contract address will remain unchanged. Currently, more than 19 million USDC has been circulated on the Linea chain, accounting for 71% of its stablecoin supply.