USDC Lands on Aptos: Circle Brings Native Stablecoin to Growing Ecosystem

Generated by AI AgentCoin World
Thursday, Jan 30, 2025 4:03 pm ET1min read

Circle, the company behind the popular stablecoin USDC, has announced the launch of native USDC on the Aptos mainnet. This integration allows developers and users to access USDC liquidity directly on the Aptos network without the need for bridging.

Aptos is a Move-based layer-1 blockchain designed for secure, scalable, and upgradeable Web3 infrastructure. With its DeFi ecosystem growing rapidly, Aptos provides developers with the tools to create payment solutions and DeFi applications for widespread adoption. The integration of native USDC on Aptos enables developers to use the world's largest regulated dollar stablecoin to build the future of finance, supporting various applications such as DeFi, peer-to-peer payments, cross-border remittances, global commerce, and gaming.

Previously, Aptos used a bridged version of USD Coin called lzUSDC, which was not issued by Circle but bridged from Ethereum through AptosBridge on LayerZero. The success of lzUSDC on Aptos, influenced by bridge providers like Stargate, led Circle to bring native USDC to the Aptos ecosystem. The Aptos team and bridge providers will work with ecosystem participants to facilitate the migration from lzUSDC to native USDC over time.

The Cross-Chain Transfer Protocol (CCTP) on Aptos will enable interoperability providers like Wormhole to facilitate native USDC transfers between blockchains. Additionally, Circle has announced that USDC on Aptos will be supported on Coinbase in the near future.

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