Circle announced the launch of its native stablecoin USDC on the Aptos blockchain, simplifying liquidity access by removing the need for bridging in transactions.
USDC Integration on Aptos
The new integration allows financial institutions easy access to USDC liquidity while benefiting from Aptos's fast and secure network.
Advantages for Developers
Aptos, based on Move, provides a scalable Web3 infrastructure. Its DeFi ecosystem grew 10x in 2024, providing developers with tools to create payment solutions and DeFi applications.
Transition from lzUSDC to Native USDC
Native USDC issued by Circle is redeemable 1:1 for US dollars. Aptos previously used lzUSDC, not issued by Circle, bridged from Ethereum. The Aptos team and providers will assist ecosystem participants in transitioning to native USDC.
With the launch of native USDC on Aptos, developers can explore opportunities to create diverse applications and solutions in the finance sector.