Key Takeaways:
Circle launched the USDC Bridge this week, enabling native 1:1 cross-chain USDC transfers via CCTP. The bridge processed over $600 million in a single 24-hour period, signaling rapid adoption across EVM chains. CCTP V1 is being phased out by July 31, 2026, pushing developers toward the upgraded V2 protocol. USDC Bridge Goes Live: Circle Rolls Out Official Cross-Chain Transfer Tool Powered by CCTPCCTP V1, also called Legacy CCTP, will begin its phase-out on July 31, 2026. Developers and applications currently integrated with V1 will need to migrate to V2 to maintain compatibility with Circle’s attestation service and the broader CCTP ecosystem.
