CCTP V2 introduces new smart contracts and APIs aimed at improving cross-chain transactions

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According to Circle, the newly launched Cross-Chain Transfer Protocol V2, or CCTP V2, improves upon the earlier version “with a new set of smart contracts and APIs.”

Circle has launched an upgraded version of its Cross-Chain Transfer Protocol (CCTP V2), reducing transaction times to seconds from the typical 13-19 minutes on Ethereum and its Layer 2 networks, the firm said.

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