X @Circle

CCTP V2 Key Features - CCTP V2 is the canonical version, offering a faster, more efficient, and more composable crosschain experience [1] - Capital efficient with 1:1 burn-and-mint mechanism, eliminating liquidity pools or fillers [2] - Enables faster-than-finality crosschain USDC settlement [2] - Enhanced composability through programmable hooks for post-transfer actions [2] - Now live on 17 blockchains [2] Migration and Timeline - CCTP V1 is now a legacy version, with manual phase-out beginning July 31, 2026 [1] - Developers are encouraged to migrate to the canonical CCTP contracts and API [1] Development and Integration - Improved Developer Experience (DevEx) with simplified integration and operations via Bridge Kit [1] - Increased transaction limits for larger flows [1]