Circle to launch cctp v2: circle will introduce an upgraded version of its cross-chain transfer protocol (cctp v2) in early 2025. it aims to facilitate faster USDC transfers, initially supporting Ethereum, base, and Avalanche. this move is designed to improve transaction efficiency across different blockchain networks.

Cctp v2 to enhance transaction speeds: the new protocol will significantly reduce transaction latency to just seconds, enhancing the security of cross-chain transfers. as blockchain technology evolves, these improvements are expected to boost the reliability and efficiency of digital asset exchanges across multiple blockchains.