Sei Blockchain’s Bold USDC Upgrade: Now With 156 Ways to Lose Your Wallet!

If you ever wanted to send digital money so fast and confusingly across the universe of blockchains that even your future self would have trouble keeping track, well, today’s your lucky day. 📈

In the latest attempt by blockchains to outdo each other (probably with the same level of subtlety as wizards showing off their pointy hats), Sei has announced it’s adding native USDC and CCTP V2 support. Translation: users can now enjoy the thrill of handling the world’s largest regulated stablecoin, as well as rattling funds across not one, not two, but thirteen—yes, THIRTEEN—chains simultaneously. Because who needs sleep?

Circle, USDC’s keeper-of-coins and master-of-announcements, says this upgrade will magically transform Sei into a stronger, more “connected” blockchain. One may wonder why blockchains always aspire to “connect” more, as if they’re attending a particularly desperate speed-dating event. Until now, Sei’s USDC was provided thanks to a friendly neighbour called Noble, using the Inter-Blockchain Communication (IBC) protocol—a bit like having to shout your bank account details across a fairly noisy tavern.

Native @USDC and CCTP V2 are coming to @SeiNetwork—bringing the world’s largest regulated stablecoin and frictionless crosschain transfers to Sei’s high performance Layer-1 blockchain.

What native USDC brings:
✅ Regulated, fully reserved and redeemable 1:1 for US dollars
✅…
— Circle (@circle) July 10, 2025

Sounds swell, but the current system didn’t exactly grant developers all their three wishes. Missing ERC-20 support? No Circle Mint? It’s like having a magic sword that only works on Tuesdays. With native USDC, those restrictions vanish, giving users the freedom to shuttle their funds back and forth like indecisive wizards at a hat store. And with CCTP V2, imagine sending USDC through 156 different travel routes—because who hasn’t wanted to feel like a luggage handler at a busy airport?

Sei is already famous for its ultra-fast *oomph*. In fact, the network’s Total Value Locked (the magical number wizards love) shot up by 188% this year, from $208 million to a whopping $646 million. DefiLlama, which sounds suspiciously like a magical animal you’d find at Ankh-Morpork Zoo, confirms this with a nod and a calculator.

Meanwhile, daily transactions on Sei have exploded by over 3,600% since Sei V2 hit the playground—clearly the blockchain’s version of puberty. More than 200 apps now run rampant, and there isn’t a developer not chasing the elusive dragon of “the next big thing.” 🧙‍♂️

Will people finally get the cross-chain transfers they’ve always dreamed of? Will wizards—er, developers—finally have all the features they want, or just better ways to complicate their lives? Stay tuned. There’s probably an app for that.

Read More

2025-07-10 20:50