Source: Sei Development Foundation
The Sei Development Foundation announced that native USDC and the Circle Cross-Chain Transfer Protocol (CCTP V2) will soon be launched on the fastest trading high-performance Layer-1 blockchain Sei Network. This integration will make Sei the preferred network for enterprises and developers seeking reliable, transparent digital dollar functionality and seamless cross-chain capabilities.
"The integration of native USDC and CCTP V2 on Sei will create new opportunities for enterprises to leverage digital dollar infrastructure—this is exactly the high-performance channel we are building for the digital asset market," said Justin Barlow, Executive Director of the Sei Development Foundation. "Developers are launching new products and services daily on Sei, ranging from DeFi to DeSci and even gaming. This upgrade allows enterprises to access institutional-grade stablecoin functionality while enjoying Sei's optimized high-throughput infrastructure."
Native USDC will provide the Sei ecosystem with a stablecoin backed by 100% reserves and a 1:1 dollar redemption. Sei's parallelized EVM infrastructure achieves 400 milliseconds finality, providing an ideal high-throughput environment for complex DeFi and gaming applications. Sei will become the 13th blockchain supported by CCTP V2, enabling near-instant USDC transfers and supporting automated on-chain operations through Hooks functionality.
The integration of native USDC and CCTP V2 positions Sei as a competitive platform for enterprises seeking transparent digital asset infrastructure in the rapidly expanding decentralized finance ecosystem. For more details on the integration, please refer to the accompanying blog post from Circle.
About Sei:
Sei is the fastest Layer-1 blockchain, providing a high-performance channel for the digital asset market. Since its mainnet launch in 2023, it has processed billions of transactions across over 35 million wallets. The currently running V3 Giga upgrade on the testnet will enhance Sei's performance to exceed existing EVM chains by 50 times, providing a breakthrough scaling solution for the Ethereum ecosystem. The team is supported by top institutions such as Multicoin, Jump, and Coinbase Ventures.
Learn more: https://www.seifdn.org
Media Contact: sei@mgroupsc.com
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