USDC Is Coming to Jack Ma-backed Ant Group’s $1 Trillion Blockchain Network
2025-07-10 15:09:34
Main Idea
Ant Group plans to integrate USDC into its $1 trillion blockchain network following U.S. regulatory approval under the GENIUS Act, while Circle expands USDC access through a partnership with OKX.
Key Points
1. Ant Group's international division processed over $1 trillion in payments last year and plans to integrate USDC, pending U.S. regulatory approval under the GENIUS Act.
2. Circle's USDC rollout on Ant Group's network will begin after securing full regulatory clearance under the GENIUS Act.
3. Circle has partnered with OKX to increase USDC distribution, connecting the stablecoin to OKX's 60 million global users and integrating it into the exchange's platforms.
4. The OKX partnership enables native access to USDC for trading, cross-border transfers, and payments, and includes the implementation of Circle's Cross-Chain Transfer Protocol and Web3 Services.
Description
Ant Group plans to integrate USDC after U.S. regulatory approval under the GENIUS Act. Ant seeks stablecoin licenses in Singapore, Hong Kong, and Luxembourg for global expansion. Circle partners with OKX to boost USDC access across 60 million users and multiple blockchains. The international division of Jack Ma-backed, Chinese tech giant, Ant Group plans to integrate Circle’s USDC stablecoin onto its blockchain network, which processed over $1 trillion in payments last year. The plan, which is s...
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