What Does the Launch of USDC and CCTP V2 on the Sei Network Mean?

Native USDC removes bridge risks, improving trust and efficiency for Sei’s DeFi and payments ecosystem.

CCTP V2 enables fast, seamless USDC transfers across 13 chains, enhancing Sei’s cross-chain functionality.

Sei positions itself as a cross-chain finance hub with high throughput, native USDC, and institutional support.

On July 24, 2025, the Sei Network launched a major upgrade: native USDC (USD stablecoin) and Circle’s Cross-Chain Transfer Protocol (CCTP V2) officially went live. This milestone not only marks a significant technical breakthrough for Sei, but also shows its ambition to become a core infrastructure in cross-chain finance.

The launch of native USDC removes the trust issues tied to traditional bridging. Meanwhile, CCTP V2 brings a seamless cross-chain experience for both users and developers. Combined with Sei’s high-performance parallel architecture, this upgrade opens new possibilities for institutions, developers, and the blockchain industry as a whole

TECHNICAL INNOVATION: FROM BRIDGING TO TRUSTED NATIVE ASSETS

In the blockchain space, stablecoin transfers across chains have long relied on bridge mechanisms, such as the USDC.n issued via the Noble chain. While this allowed cross-chain movement of assets, it also brought challenges like counterparty risk, fragmented liquidity, and complex operations. The launch of native USDC on Sei changes everything.

Now, Circle issues USDC directly on Sei, which means users and developers no longer need to use a bridge. They can access a fully-backed, trusted stablecoin directly from Circle. USDC is backed 1:1 by high-liquidity assets like short-term U.S. Treasury bonds and cash, meeting global regulatory standards and building strong user trust.

Native USDC is fully compatible with Sei’s parallelized EVM environment, making it easier for developers to build smart contracts across DeFi, gaming, and payment use cases. Compared to bridged tokens, native USDC removes slippage risks in liquidity pools and significantly improves capital efficiency. This gives the Sei ecosystem better composability and performance.

CCTP V2 EMPOWERS SEI WITH SEAMLESS CROSS-CHAIN FUNCTIONALITY

At the same time, the launch of CCTP V2 further strengthens Sei’s technical edge. Circle’s Cross-Chain Transfer Protocol uses a “burn-and-mint” mechanism, allowing USDC to move across 13 leading blockchains including Ethereum, Solana, Arbitrum, and Sei.

With 156 supported transfer routes, CCTP V2 avoids the need for liquidity pools and eliminates slippage issues. Its “Fast Transfer” feature brings settlement time down to seconds—much faster than Ethereum’s 15-minute confirmations.

CCTP V2 also introduces “Hooks,” allowing developers to trigger on-chain actions after a transfer—such as cross-chain swaps or liquidity pool rebalancing. Sei’s 400ms finality and high throughput pair perfectly with CCTP V2’s fast transfer system, making Sei ideal for high-frequency and complex applications. This combination not only improves user experience but also gives developers strong tools to build next-gen financial apps.

ECOSYSTEM GROWTH: SEI’S EXPLOSIVE EXPANSION

Previously, the Sei ecosystem relied on USDC.n issued via Noble. While it met basic needs, the bridge-based method limited asset security and ecosystem composability. The launch of native USDC marks a shift toward more trusted and efficient infrastructure. Sei Foundation and Circle have created a smooth migration plan from USDC.n to native USDC to ensure user assets and experience remain safe.

This migration improves liquidity within the ecosystem and strengthens Sei’s ability to connect with global DeFi and CeFi use cases. For example, developers can build more efficient DEXs or lending protocols using native USDC, while users enjoy lower costs and faster settlements. With this expansion and native USDC support, Sei is evolving from a high-performance Layer-1 to a hub for cross-chain finance.

FUTURE OUTLOOK: RISE OF A CROSS-CHAIN FINANCE HUB

The launch of native USDC and CCTP V2 sets the stage for Sei’s future—transforming from a fast Layer-1 chain into a cross-chain financial hub. With CCTP V2, users can transfer USDC from Sei to Ethereum to buy NFTs, or to Solana to use DeFi protocols—all without needing to manage bridges or worry about slippage.

Developers can use CCTP V2’s Hooks to build cross-chain DEXs, automated payment systems, or game settlement platforms. Sei’s parallel EVM and low latency give these innovations a solid base, helping it stand out in the competitive Layer-1 market.

The upcoming “Giga” upgrade will further boost Sei’s potential. According to official sources, “Giga” will increase throughput to 100,000 transactions per second, reinforcing Sei’s position as a leader in high-performance blockchain. Together with the trust and utility of native USDC and the seamless experience of CCTP V2, Sei is well-positioned to become the go-to infrastructure for DeFi, gaming, and global payments.

Community feedback on X shows excitement for Sei’s payment-first approach and gaming potential. For example, game developers can use fast USDC settlement to reward players instantly, and DeFi projects can boost capital efficiency through cross-chain liquidity pools.

With USDC holding around 26% market share as the second-largest stablecoin, its native support puts Sei in the “major chain club” alongside Ethereum, Solana, and others. As more institutions and developers join, Sei is poised to become a core hub linking multi-chain ecosystems.

As Justin Barlow, Executive Director of the Sei Foundation, said: “The integration of native USDC and CCTP V2 opens up new opportunities for businesses and developers to build on digital dollar infrastructure.” In a fast-changing blockchain world, this strategic upgrade is not just a technical step—it’s a bold move toward Sei’s goal of becoming the center of cross-chain finance.

〈What Does the Launch of USDC and CCTP V2 on the Sei Network Mean?〉這篇文章最早發佈於《CoinRank》。