On the 11th, Circle, a major stablecoin issuer, announced the launch of USDC issuance for the cryptocurrency project "World" by OpenAI CEO Sam Altman. Circle had just listed on the New York Stock Exchange last week, and following this news and the advancement of the stablecoin bill in the Senate, the stock price surged another 10% on the 12th.
World revealed in a statement that approximately 2 million users already held the bridged version of USDC within the World app. This time, it has been upgraded to the native USDC issued directly by Circle, leveraging a user base of over 27 million across more than 160 countries.
In addition, Circle's cross-chain transfer protocol CCTP V2 has also been launched on the World blockchain. It speeds up USDC transfers between supported chains, reducing the cost of transferring funds for developers, businesses, and consumers.
World began operations in the U.S. in April and is currently expanding to six cities, including Atlanta and Los Angeles. Users receive WLD tokens after human authentication by iris scanning, aiming to build a human-bot identification infrastructure in the AI era.
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Circle stock price rises 10%, Sam Altman starts USDC issuance in World
On the 11th, Circle, a major stablecoin issuer, announced the launch of USDC issuance for the cryptocurrency project "World" by OpenAI CEO Sam Altman. Circle had just listed on the New York Stock Exchange last week, and following this news and the advancement of the stablecoin bill in the Senate, the stock price surged another 10% on the 12th.
World revealed in a statement that approximately 2 million users already held the bridged version of USDC within the World app. This time, it has been upgraded to the native USDC issued directly by Circle, leveraging a user base of over 27 million across more than 160 countries.
In addition, Circle's cross-chain transfer protocol CCTP V2 has also been launched on the World blockchain. It speeds up USDC transfers between supported chains, reducing the cost of transferring funds for developers, businesses, and consumers.
World began operations in the U.S. in April and is currently expanding to six cities, including Atlanta and Los Angeles. Users receive WLD tokens after human authentication by iris scanning, aiming to build a human-bot identification infrastructure in the AI era.