According to Odaily Planet Daily, stablecoin issuer Circle announced that it plans to launch a new version of the cross-chain transmission protocol CCTP V2 in early 2025.
CCTP V2 will initially support Ethereum, Base, and Avalanche, and will subsequently support more blockchains.
The new version of CCTP will enable faster cross-chain USDC transfers, low-latency settlement (in seconds), and all cross-chain transactions will be guaranteed by Circle.