Worldcoin, the cryptocurrency project co-founded by Sam Altman, is making waves again with its strategic integration of Circle’s USDC stablecoin. An official announcement from the Worldcoin team this Friday detailed plans to incorporate USDC and the Cross-Chain Transfer Protocol (CCTP) V2 into its AI-powered network in the near future. This development follows the recent launch of World ID in six major U.S. cities, further fueling interest in the project and its native cryptocurrency, WLD.
Seamless Transfers with Native USDC and CCTP V2
The upcoming integration of native USDC on the World Chain marks a significant step for the network. While users have previously accessed bridged USDC through various ‘Mini Apps’ for cost-effective remittances across its extensive user base, spanning from Buenos Aires to Busan, this upgrade will allow for the direct issuance of Circle’s digital dollar. Consequently, all existing bridged USDC on the World Chain will be converted to native USDC, ensuring users hold coins fully backed by highly liquid assets.
Furthermore, the implementation of CCTP V2 promises to enhance the user experience by making cross-chain transfers more seamless and cost-effective. This upgrade is expected to streamline transactions across the network, potentially attracting even more users to the platform.
Also Read: Worldcoin Launches World ID in U.S., Coinbase Listing Coming Soon!
WLD Price Eyes Potential Bullish Momentum
The recent advancements, including the USDC integration and the U.S. launch of World ID, have turned the spotlight firmly onto Worldcoin’s native token, WLD. Market participants are keenly observing the cryptocurrency, anticipating a potential bullish price shift driven by these positive developments.
At the time of reporting, WLD experienced a slight 0.25% increase, trading at $1.04. Over the past week, the AI-powered crypto has shown stronger momentum, recording a 12% price surge. This upward trend, coupled with the optimistic outlook fueled by the latest integrations, has instilled hope among investors for a sustained bull run. Adding to this sentiment, a recent WLD price prediction from CoinGape suggests that bulls currently hold the upper hand for the AI token, according to their 3-month bias indicator.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
