Sui launches Circle CCTP V2, enabling native USDC transfers across 29 blockchains

Sui said via its official X account on Oct. 8 that Circle’s Cross-Chain Transfer Protocol V2 has gone live on the Sui mainnet, enabling users to transfer native USDC between Sui and 29 blockchains. Sui explained that under CCTP V2, USDC is burned on the originating chain and newly minted on the destination chain. The blockchain said developers can build payment and treasury-related services on Sui without separately designing bridge-based infrastructure, while USDC received on Sui can be used immediately within the same inbound transaction. That means deposits, swaps, and payments can be handled in a single transaction. Note: We are participating as an official media partner for Sui Basecamp 2026.