Circle Promotes the Migration from CCTP V1 to V2
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AI-assisted source synthesis · not an independent investigation.
According to a report on October 30, 2026, Circle plans to promote the cross-chain migration of USDC to CCTP V2. Circle will begin reducing the burn limit of CCTP V1 on October 31, 2026, and will discontinue the CCTP V1 contract on December 1. Applications still using the legacy system need to migrate to CCTP V2; otherwise, cross-chain USDC transfers will be terminated.
AI-written from reports · updated 3 hours ago
Timeline
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- CryptopolitanSelectedCircle will suspend CCTP V1 on December 1, driving USDC cross-chain migration to V2
Circle will begin reducing the burn limit for CCTP V1 on October 31, 2026, and will shut down the V1 contracts on December 1; applications still using the legacy system must migrate to CCTP V2, otherwise USDC cross-chain transfers will be discontinued.
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