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Worldcoin Enhances Global Payments With USDC—Bullish Outlook for WLD?
By: bitcoin ethereum news|2025/05/03 09:00:01
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World, the biometric ID project is enhancing its World Chain system by introducing Circle’s USD Coin and the upgraded CCTP V2 protocol. This comes after World extended its services to six U.S. cities, where users can earn WLD tokens for verifying their identity through iris scanning. Worldcoin has announced a major update: it’s integrating Circle’s USD Coin (USDC) and the Cross-Chain Transfer Protocol (CCTP) V2 into its World Chain network. The goal? Facilitating easier, cheaper, faster cross-border transfers for its growing number of global users from Buenos Aires to Busan. This upgrade will exchange all the previously bridged USDC tokens for native USDC. To place this in perspective, bridged tokens rely on third-party infrastructure and come with extra risks attached. Native USDC, by contrast, is issued directly by Circle and collateralized 1:1 by highly liquid reserves like cash and short-term U.S. Treasury. That brings more transparency, regulatory compliance, and reliability to the table. World Chain is also taking a big step forward in blockchain interoperability by adopting CCTP V2. This upgraded protocol allows USDC to move seamlessly across supported blockchains without requiring manual bridging, wrapping, or extra technical steps. That not only makes transactions cheaper and faster but also simpler and fewer possible points of failure. What does this mean for users? According to Worldcoin, once this is live, its 25+ million users will be able to send and receive a fully regulated digital dollar (USDC) quickly and easily across the blockchain. Eligible businesses can use Circle Mint for institutional on/off-ramp access, and developers can embed USDC directly into World App Mini Apps, connecting to a globally distributed blockchain ecosystem. Expansion into the U.S. Market Worldcoin has also ventured into the United States. As CNF reported, the project integrated its World ID verification system into six American cities: Atlanta, Austin, Nashville, San Francisco, Los Angeles, and Miami. This move allows the U.S.-based users to verify their identities and take full advantage of Donald Trump’s pro-crypto shift towards blockchain technology and Artificial Intelligence (AI). To encourage participation, new users who complete verification will receive 16 WLD tokens. Those who already signed up via the World App aren’t being left out, they’ll receive a pioneer grant of 150 tokens as recognition for being early adopters. Adding to this momentum, Coinbase announced the possibility of listing WLD on an X post. This would increase the liquidity and usability of the token, with more people being able to buy, sell, and use WLD. Over 12 million people have so far identified themselves through biometric scans using Worldcoin’s platform. Worldcoin’s native token has not reacted positively to these developments. Over the past week, the token’s price has climbed by 6.37%, signaling increased investor confidence. However, the token has lost 6.04% in the past day to be priced at $1.02. The tokens’ Average Directional Index (ADX) has hit 32.68, suggesting strong momentum, and the Awesome Oscillator (AO) remains above the zero line, which typically confirms bullish market conditions. If this trend continues, analysts believe WLD could approach the $1.95 mark soon. Source: https://www.crypto-news-flash.com/worldcoin-enhances-global-payments-with-usdc-bullish-outlook-for-wld/?utm_source=rss&utm_medium=rss&utm_campaign=worldcoin-enhances-global-payments-with-usdc-bullish-outlook-for-wld
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