We're thrilled to announce the launch of native USDC and CCTP V2 on Sonic, marking a significant upgrade from bridged USDC to native USDC under the Bridged USDC Standard. This advancement enhances network security, liquidity, and cross-chain interoperability while unlocking institutional-grade financial tools for Sonic's DeFi ecosystem.
Key Benefits of Native USDC and CCTP V2
- Zero-Friction Upgrade: Existing bridged USDC holdings automatically convert to native USDC without contract changes, ensuring backward compatibility for developers and users.
- Trusted Institutional Access: Native USDC is fully reserved, regulated, and redeemable 1:1 for USD via Circle Mint, offering compliant on/off-ramps for businesses.
- Cross-Chain Efficiency: CCTP V2 enables near-instant USDC transfers across blockchains with programmable post-transfer actions via Hooks.
- CEX Integration: Binance now supports USDC on Sonic, with more exchanges expected to follow, enabling rapid deposits/withdrawals (often under 1 second).
Unlocking Innovative Use Cases
From DeFi to global payments, native USDC on Sonic powers:
- DeFi & Trading: Enhanced liquidity for DEXs, lending protocols, and asset swaps.
- Real-World Payments: Integration with e-commerce platforms and USDC-linked cards (e.g., RedotPay).
- Cross-Chain Solutions: Reduced fragmentation for apps requiring multi-chain USDC流动性.
How to Get Started
For Users:
Bridge USDC to Sonic via third-party bridges on MySonic or use the official Sonic Gateway for 1:1 Ethereum-to-Sonic transfers.
👉 Explore seamless bridging options
For Developers:
Token Details:
- Name: USDC
- Symbol: USDC
- Mainnet Address:
0x29219dd400f2bf60e5a23d13be72b486d4038894 - Testnet Address:
0xA4879Fed32Ecbef99399e5cbC247E533421C4eC6
- Build with CCTP V2 using Circle’s developer docs.
Note: The contract temporarily displays "Bridged USDC (Sonic)" but will update to reflect native status shortly.
FAQ Section
Q: Is my bridged USDC still usable after the upgrade?
A: Yes! Holdings automatically convert to native USDC—no action required.
Q: How does CCTP V2 improve cross-chain transfers?
A: It reduces latency and enables automated post-transfer workflows via Hooks.
Q: Which CEXs support USDC on Sonic?
A: Binance is live, with others like Kraken and Coinbase expected soon.
Q: Are there fees for converting fiat to USDC on Sonic?
A: Institutional rates apply via Circle Mint; individuals can use partner ramps.
👉 Discover institutional on/off-ramps
Regulatory Footnotes:
- Circle’s licenses are listed here.
- Redemptions comply with MiCAR; Circle Mint is institution-only.
### Key SEO Keywords:
- Native USDC
- CCTP V2
- Sonic DeFi
- Cross-chain transfers
- Institutional on-ramps
- USDC liquidity