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Ant International, the payments division of Jack Ma’s Ant Group, is planning to integrate USDC into its blockchain network. The move hinges on Circle, USDC’s issuer, meeting new U.S. regulatory requirements by 2025. This could challenge Tether’s dominance in Asia’s $1 trillion payments market.
- Ant International’s USDC integration could reshape Asia’s $1T payments landscape.
- Circle must meet U.S. Senate stablecoin rules by 2025 for the plan to proceed.
- The initiative poses a direct challenge to Tether’s market dominance in Asia.
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