Circle’s USDC Goes Live on Aptos to End Stablecoin Bridging

On Jan 30, 2025 at 4:26 pm UTC by · 3 mins read

Circle integrates USDC natively on Aptos Layer-1 blockchain, marking a shift from bridged tokens and enhancing the network’s DeFi capabilities.

In a recent update, Circle announced that its native stablecoin USDC has gone live on the Layer-1 Aptos mainnet. As a result of this new development, developers and users would not need bridging when performing a transaction. Generally, this integration makes it easy for financial institutions to access USDC $1.00 24h volatility: 0.0% Market cap: $60.87 B Vol. 24h: $8.39 B liquidity and benefit from Aptos’s fast and secure network.

Aptos to Build the Future of Finance With Circle

Aptos prides itself as an L1 protocol that delivers secure, scalable, and upgradeable Web3 infrastructure to users.

Last year, it recorded a 10 times growth in its Decentralized Finance (DeFi) ecosystem. Crucial to this growth was the blockchain’s capacity to provide developers with the infrastructure needed to support the next generation of payment solutions and DeFi applications for mainstream adoption.

Developers on Aptos can build apps for a variety of use cases. These use cases cut across DeFi, peer-to-peer payments, cross-border remittances, global commerce, RWAs, gaming, and more. With 2025 only one month gone, the Aptos ecosystem has recorded over 200 apps on its platform, with more coming onboard.

The arrival and integration of USDC into the Aptos ecosystem allows developers to build with Circle, which prides itself on being the world’s largest regulated dollar stablecoin. Together, they could deliver the future of finance, Circle suggested in its blog post.

Moving From Bridged to Native USDC

For Circle, the goal of bringing USDC natively to new blockchains is largely to provide developers with a trustworthy, stable foundation to build.

Circle officially issues this form of stablecoin, which is redeemable 1:1 for USD. Before now, Aptos had a bridged form of USDC known as lzUSDC. Markedly, lzUSDC is USDC bridged from Ethereum through the AptosBridge built on LayerZero.

Contextually, it is neither issued by Circle nor compatible with or redeemable with Circle Mint. The growth of lzUSDC on Aptos has been the responsibility of LayerZero-based bridge providers like Stargate.

Consequently, these bridge providers will collaborate with the Aptos team to migrate users from lzUSDC to native USDC. It is worth noting that this will be a gradual process carried out over a period of time.

Wormhole and other bridge providers will utilize the Aptos Cross-Chain Transfer Protocol (CCTP) to support developers and users who transfer their USDC natively between blockchains. At the same time, Circle noted that USDC on Aptos will be supported on Coinbase in the near future.

USDC Records Massive Surge in Circulation

In addition to this development, USDC has gained significant traction this past year. The dollar-pegged stablecoin recorded an impressive 78% jump in year-over-year circulation in 2024. This was notable as USDC surpassed the growth of all other major stablecoins in the same period.

According to Circle CEO and co-founder Jeremy Allaire, the report “charts USDC’s evolution into a platform for global prosperity. USDC has become a crucial bridge between traditional and digital finance, enabling real-time, low-cost value exchange that expands economic opportunity on a global scale.”

It has started the new year strongly and may eventually claim market dominance from Tether’s USDT at this rate.

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