Circle, the issuer of stablecoin USD Coin (USDC), has announced that native USDC is now available on the Sonic blockchain following the completion of the bridged-to-native upgrade for both USDC and CCTP V2. This upgrade unlocks new possibilities for USDC within the Sonic ecosystem by enhancing liquidity, security, and capital efficiency for developers and users. The native USDC on Sonic retains the same contract address as the bridged version, requiring no action from users or developers. This seamless transition means that Sonic developers and users now benefit from the stability of the world’s leading regulated stablecoin alongside CCTP V2 technology, which enables near-instant, frictionless cross-chain transfers with support for automated actions via Hooks. Early partners integrating native USDC on Sonic include Aave, Binance, and RedotPay.

With Sonic’s addition, USDC is now natively supported across 20 blockchains, powering innovation in DeFi, payments, and global finance. Sonic itself is a high-performance EVM Layer-1 blockchain that can finalize transactions in under one second and handle over 400, 000 transactions per second, making it ideal for scaling DeFi applications. Users can access USDC on Sonic through crypto exchanges and ecosystem apps, while qualified companies can mint and redeem USDC 1:1 with USD via Circle Mint, which also enables fiat-to-USDC conversions and seamless USDC swaps across supported blockchains without third-party bridges. Popular applications supporting native USDC on Sonic include AAVE, Binance, RedotPay, Beets, Metropolis, Origin Protocol, Rings Protocol, Silo Finance, Stargate, SwapX, VALR, Vertex, and others, providing a robust environment for developers to leverage USDC. Despite the blockchain expansion, USDC’s market capitalization has slightly decreased in the past month—from over $62 billion at the end of April 2025 to just above $60 billion currently. While still considerably smaller than its competitor Tether (USDT) with a market cap exceeding $150 billion, USDC continues its territorial growth. Notably, USDC and Circle’s EURC were officially recognized by the Dubai Financial Services Authority (DFSA) in early March, and Japan has also approved the use of USDC countrywide, signaling broader global adoption.