Circle Launches CCTP V2 on Solana for Faster Cross-Chain Transfers and Smart Contract Integration

Circle has officially deployed its upgraded Cross-Chain Transfer Protocol (CCTP) V2 on the Solana blockchain, enhancing interoperability for developers and users. This strategic expansion facilitates rapid asset transfers and seamless smart contract integration following transactions, reinforcing Circle’s commitment to scalable blockchain solutions. Previously, CCTP V2 was operational on prominent networks such as Arbitrum, Avalanche (AVAX), Base, Ethereum, Linea, Optimism, Sonic Labs, and World Chain, underscoring its multi-chain versatility. The integration on Solana, known for its high throughput and low latency, is expected to optimize cross-chain liquidity flows and streamline decentralized finance (DeFi) operations. Circle’s continuous protocol enhancements reflect the growing demand for efficient cross-chain interoperability within the crypto ecosystem, positioning CCTP V2 as a critical infrastructure component for next-generation blockchain applications.

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Source: https://en.coinotag.com/breakingnews/circle-launches-cctp-v2-on-solana-for-faster-cross-chain-transfers-and-smart-contract-integration/