Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin on Its Blockchain

The worldwide arm of Ant Group, the corporate backed by Alibaba founder Jack Ma, plans to deliver Circle’s USDC stablecoin onto its proprietary blockchain.

The rollout will begin as soon as U.S. regulators certify the dollar-pegged token beneath the brand new federal guidelines, Bloomberg reported, citing folks conversant in the deal.

The transfer would give USDC a hyperlink to a community that processed greater than $1 trillion in world funds final 12 months, a 3rd of them settled on-chain. That scale may make Ant the most important abroad company person of a U.S.-issued stablecoin.

Ant Worldwide can also be making use of for stablecoin licenses in Singapore, Hong Kong and Luxembourg, based on the report. The group needs regulated digital {dollars}, central financial institution digital currencies and tokenized financial institution deposits to sit down facet by facet on its platform.

The corporate’s blockchain at present helps tokenized property from varied monetary establishments and has reportedly been working with the Individuals’s Financial institution of China (PBOC) on the nation’s central financial institution digital foreign money (CBDC), the digital yuan.

Circle shares rose practically 3.8% in pre-market buying and selling to $208.

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 113,612.44 3.67%
ethereum
Ethereum (ETH) $ 2,815.61 3.50%
tether
Tether (USDT) $ 1.00 0.04%
xrp
XRP (XRP) $ 2.50 4.26%
bnb
BNB (BNB) $ 679.04 2.05%
solana
Solana (SOL) $ 159.72 3.21%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.185434 7.03%
tron
TRON (TRX) $ 0.291501 0.60%
staked-ether
Lido Staked Ether (STETH) $ 2,820.16 3.70%
cardano
Cardano (ADA) $ 0.654131 7.13%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 113,227.34 3.44%
hyperliquid
Hyperliquid (HYPE) $ 42.98 6.76%
sui
Sui (SUI) $ 3.42 14.90%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,397.93 3.76%
bitcoin-cash
Bitcoin Cash (BCH) $ 509.98 0.90%
chainlink
Chainlink (LINK) $ 14.65 4.14%
stellar
Stellar (XLM) $ 0.300373 3.89%
leo-token
LEO Token (LEO) $ 9.09 0.55%
avalanche-2
Avalanche (AVAX) $ 19.88 6.38%
hedera-hashgraph
Hedera (HBAR) $ 0.181066 5.85%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,017.62 3.64%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 5.39%
usds
USDS (USDS) $ 1.00 0.01%
weth
WETH (WETH) $ 2,817.02 3.51%
the-open-network
Toncoin (TON) $ 2.90 2.32%
litecoin
Litecoin (LTC) $ 92.78 4.78%
whitebit
WhiteBIT Coin (WBT) $ 46.69 0.63%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.12%
monero
Monero (XMR) $ 325.52 1.80%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 113,662.45 3.60%
polkadot
Polkadot (DOT) $ 3.73 5.16%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
bitget-token
Bitget Token (BGB) $ 4.48 2.75%
uniswap
Uniswap (UNI) $ 8.26 0.46%
pepe
Pepe (PEPE) $ 0.000012 11.57%
aave
Aave (AAVE) $ 305.61 2.37%
pi-network
Pi Network (PI) $ 0.490087 5.13%
dai
Dai (DAI) $ 1.00 0.02%
bittensor
Bittensor (TAO) $ 365.47 9.20%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.23%
aptos
Aptos (APT) $ 4.72 3.41%
near
NEAR Protocol (NEAR) $ 2.43 6.41%
crypto-com-chain
Cronos (CRO) $ 0.095904 0.56%
okb
OKB (OKB) $ 48.64 0.92%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
internet-computer
Internet Computer (ICP) $ 5.26 5.14%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 193.99 3.15%
ondo-finance
Ondo (ONDO) $ 0.871657 5.78%
ethereum-classic
Ethereum Classic (ETC) $ 17.89 3.29%
susds
sUSDS (SUSDS) $ 1.06 0.02%
usd1-wlfi
USD1 (USD1) $ 1.00 0.01%
kaspa
Kaspa (KAS) $ 0.083061 3.47%
cosmos
Cosmos Hub (ATOM) $ 4.44 4.64%
mantle
Mantle (MNT) $ 0.599582 1.37%
vechain
VeChain (VET) $ 0.023383 6.67%
gatechain-token
Gate (GT) $ 16.14 1.78%
ethena
Ethena (ENA) $ 0.303551 9.90%
fasttoken
Fasttoken (FTN) $ 4.45 0.04%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.212317 4.21%
official-trump
Official Trump (TRUMP) $ 9.53 6.87%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.717365 4.66%
arbitrum
Arbitrum (ARB) $ 0.374206 8.92%
render-token
Render (RENDER) $ 3.51 6.42%
bonk
Bonk (BONK) $ 0.000023 12.19%
sky
Sky (SKY) $ 0.08296 2.85%
algorand
Algorand (ALGO) $ 0.201437 6.67%
filecoin
Filecoin (FIL) $ 2.52 5.54%
worldcoin-wld
Worldcoin (WLD) $ 0.991256 12.05%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,820.52 3.74%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 113,473.40 3.72%
quant-network
Quant (QNT) $ 112.34 3.04%
sei-network
Sei (SEI) $ 0.286082 11.15%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.65 1.97%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 169.33 3.21%
usdtb
USDtb (USDTB) $ 0.999776 0.03%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.11%
spx6900
SPX6900 (SPX) $ 1.55 5.86%
kucoin-shares
KuCoin (KCS) $ 11.25 0.79%
jupiter-exchange-solana
Jupiter (JUP) $ 0.464374 4.67%
usdt0
USDT0 (USDT0) $ 1.00 0.06%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,957.48 3.69%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,212.76 3.54%
nexo
NEXO (NEXO) $ 1.25 1.77%
celestia
Celestia (TIA) $ 1.75 8.10%
fartcoin
Fartcoin (FARTCOIN) $ 1.22 13.82%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.019031 28.80%
xdce-crowd-sale
XDC Network (XDC) $ 0.073604 11.70%
flare-networks
Flare (FLR) $ 0.016508 2.80%
injective-protocol
Injective (INJ) $ 11.39 7.13%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.69 13.79%
blockstack
Stacks (STX) $ 0.720734 7.89%
optimism
Optimism (OP) $ 0.616778 9.23%
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,014.36 3.87%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.02%
sonic-3
Sonic (S) $ 0.329923 5.66%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 2,964.51 3.68%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 113,282.35 3.45%
dogwifcoin
dogwifhat (WIF) $ 1.01 14.28%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00 0.10%
Scroll to Top