Aptos Foundation announced the integration of Circle’s USDC and Cross-Chain Transfer Protocol (CCTP) on the Aptos Network, as well as Stripe adding support for Aptos in its crypto products. These integrations aim to enhance DeFi use cases on Aptos, expand interoperability, and streamline global payment solutions for merchants, making Aptos the home for interoperable DeFi and the fastest, cheapest, and most reliable enterprise-grade blockchain.
With the integration of Aptos into Stripe’s crypto products, along with native USDC support, reliable fiat on and off-ramps will be provided for the Aptos network, streamlining merchant pay-ins and payouts, and offering a seamless connection between traditional finance and blockchain technology. USDC is currently the largest regulated dollar-backed stablecoin in circulation, and with its integration into the Aptos network, it will further enhance the global financial ecosystem.
The launch of CCTP on Aptos will bring new levels of interoperability to DeFi, enabling secure and efficient native USDC transfers. This move will support nine blockchains and 72 routes with 1:1 capital efficiency, allowing for seamless cross-chain onboarding, swaps, purchases, treasury rebalancing, and more. Aptos’ addition to Stripe’s crypto products will enable users to convert fiat currencies into USDC through Aptos-enabled wallets, unlocking new opportunities for global merchants and payment providers.
Circle and Stripe’s integration of Aptos is seen as a significant advancement in creating a more accessible, secure, and decentralized future of finance. By leveraging the power of native USDC and CCTP on Aptos, the collaboration aims to provide infrastructure that enhances payment efficiency while bringing peer-to-peer money movement to life for the ecosystem and builders within the Aptos community.
Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network, and ecosystem, driving engagement with the Aptos ecosystem, and bringing the benefits of decentralization to the masses. Aptos is a next-generation Layer 1 blockchain with breakthrough technology and Move programming language designed to evolve, improve performance, and strengthen user safeguards. Circle is a global financial technology firm that enables businesses to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Similarly, Stripe is a financial infrastructure platform for businesses, helping millions of companies accept payments, grow revenue, and accelerate new business opportunities.
