Hassan Maishera
On Wednesday, Sonic Labs (formerly Fantom Foundation) announced via a blog post that bridged USDC on Sonic will be upgraded to native USDC while also supporting CCTP V2.
The transition requires no action as bridged USDC (USDC.e) will automatically convert to native USDC (USDC), with no need for code changes or asset swaps. With this upgrade, Sonic also integrates CCTP V2 and joins a growing network of supported chains, including Avalanche, Base, Ethereum, and Linea. CCTP V2’s burn-and-mint model unlocks fast, secure, and capital-efficient USDC transfers between supported chains, while enhancing smart contract composability.
Sonic (previously Fantom) is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its S coin is down 3.5% in the last 24 hours and is currently trading at $0.4965.
