July 10, 2025
Alibaba Founder-Backed Ant Group to Integrate Circle's USDC on Its Blockchain thumbnail
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Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain

The Move Is Part of Ant’s Broader Effort to Build a Platform that Supports Various Forms of Digital Currencies, Including Tokenized Assets.”, – WRITE: www.coindesk.com

The Move Is Part of Ant’s Broader Effort to Build a Platform that Supports Various Forms of Digital Currencies, Including Tokenized Assets. Jul 10, 2025, 9:23 AM

The International Arm of Ant Group, The Company Backed by Alibaba Founder Jack Ma, Plans to Bring Circle’s USDC Stablecoin Onto ITS Propriotary Blockchain.

The Rollout Will Start Once US Regulators Certify the Dollar-PEGGED TOKEN UNDER The New Federal Rules, Bloomberg Reported, Citing People Familiar with The Deal.

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The MOVE Wuld Give USDC A LINK TO A NETWORK THAT PROCESSED more $ 1 TRILLION IN GLOBAL PAYMENTS LAST YEAR, A THIRD OF THEM SETTLED ON-CHAIN. That Scale Could Make Ant The Largest Overseas Corporate User of A US-RISSUED STABLECOIN.

Ant International is Also Apply for Stablecoin Licenses in Singapore, Hong Kong and Luxembourg, Accounting To The Report. The Group Wants Regulated Digital Dollars, Central Bank Digital Currencies and Tokenized Bank Deposits to Sit Side by Side on Is Platform.

The Company’s Blockchain Currently Supports Tokenized Assets from Various Financial Institutions and Has Reportedly Been Working with The People’s Bank of China (CBDC), The Digital Yuan.

Circle Shares Rose Nearly 3.8% in Pre-Market Trading to $ 208.

Francisco Rodrigues

Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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