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Ant International has teamed up with Circle Financial to integrate USDC, a regulated stablecoin, onto its blockchain platform. The move hinges on U.S. regulatory approval under the GENIUS Act, signaling a major step toward global financial interoperability.
- Ant International’s blockchain platform, Whale, processed $1 trillion in transactions last year, with a third on its own blockchain.
- The GENIUS Act, passed in June, establishes the first federal framework for dollar-backed stablecoins in the U.S.
- Circle’s new Circle Gateway tool provides developers unified access to USDC balances across multiple blockchains.
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Related Tags: Stablecoin