Ant Group Partners with Circle to Bring USDC to Global Markets

Jack Ma–backed Ant Group is teaming up with Circle to integrate USDC, one of the world’s leading dollar-backed stablecoins, into its global blockchain infrastructure. The collaboration aims to enable seamless cross-border payments and treasury operations for Ant’s vast international ecosystem.

Jul 10, 2025 - 15:20
Jul 10, 2025 - 15:21
Ant Group Partners with Circle to Bring USDC to Global Markets
Ant Group Partners with Circle to Bring USDC to Global Markets

Key Highlights:

  • USDC integration will power Ant’s Whale blockchain—already used for over one-third of its $1 trillion annual payment volume.
  • Ant International plans to apply for stablecoin issuer licenses in Hong Kong, Singapore, and Luxembourg as these jurisdictions roll out formal frameworks in 2025–2026.
  • This strategic shift follows Ant’s pivot from consumer finance in China toward international blockchain-led enterprise services, especially after the cancellation of its 2020 IPO.

Why This Matters:

  1. Institutional Endorsement for USDC: Pairing with a fintech giant like Ant strengthens trust in regulated stablecoins.
  2. Stablecoin-Cleared Infrastructure: Gaining licenses in premier financial hubs enables Ant to operate compliant payment systems globally.
  3. Cross-Border Efficiency: USDC’s low-cost, fast-settlement model aligns with Ant’s payment ambitions across Asia and beyond.