Ant International, the international branch of Ant Group, is planning to integrate USDC, a stablecoin from Circle, into its AntChain. This move could significantly reshape the digital payments ecosystem.
Integration Plan for USDC in AntChain
Ant International is negotiating with Circle Internet Group to implement USDC into its AntChain blockchain. This decision is relevant given that the group already processes over $1 trillion in annual transactions.
Benefits of the Partnership for Ant
Integrating USDC will provide Ant with direct access to a stable and regulated payment infrastructure, giving an edge to its treasury and transaction services. USDC currently ranks second in circulation after Tether.
Stabilization and Regulatory Prospects
The integration of USDC also aligns with Ant's broader strategy of obtaining stablecoin licenses across various jurisdictions. The recent adoption of regulatory frameworks in the U.S. further incentivizes such strategic initiatives.
The integration of USDC into Ant International’s services may represent an important step in establishing the company as a central player in the digital payment market. Such moves reflect the need to adapt to the rapidly evolving financial landscape.
