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