- Aptos’ native USDC integration removes the need for bridging, improving transaction speed, liquidity, and security.
- The adoption of USDC on Aptos unlocks new financial applications across DeFi, payments, and real-world assets, accelerating blockchain adoption.
Drawing on Crypto News Flash’s previous insights in 2024 about USDC and CCTP launching on Aptos, along with Stripe adding Aptos support in crypto products, Circle has now launched its native stablecoin, USDC, on the Layer-1 Aptos mainnet. The stablecoin is now available to all developers and users.
This integration removes the need for bridging when completing transactions, simplifying the process for both developers and users.
As highlighted in a Circle post:
With the arrival of USDC, Aptos developers can build with the world’s largest regulated dollar stablecoin to deliver the future of finance. Aptos enables developers to build apps for a variety of use cases, including DeFi, peer-to-peer payments, cross-border remittances, global commerce, RWAs, gaming, and more.
A High-Performance Blockchain for DeFi Growth & Why Native USDC Matters
Aptos, a Layer-1 blockchain built using the Move programming language, is designed for security, scalability, and seamless upgrades. The network has witnessed explosive growth in decentralized finance (DeFi), with its ecosystem projected to expand tenfold in 2024. This robust infrastructure allows developers to create advanced financial applications that drive mainstream blockchain adoption.
Before this integration, Aptos relied on a bridged version of USDC known as lzUSDC, which was not issued by Circlebut was transferred from Ethereum via the AptosBridge on LayerZero. Recognizing this demand, Circle decided to introduce native USDC directly to Aptos, ensuring greater liquidity and reducing reliance on third-party bridges.
Unlocking New Financial Applications
With native USDC now live, Aptos developers can leverage the world’s largest regulated dollar-backed stablecoin to build decentralized applications in various sectors, including DeFi, peer-to-peer payments, cross-border remittances, global commerce, real-world assets (RWAs), and gaming.
This integration is set to accelerate blockchain adoption by providing users with faster, more reliable financial solutions.
Next Steps: Seamless Cross-Chain Transfers
To facilitate smooth adoption, the Aptos team is working with bridge providers and ecosystem participants to transition from lzUSDC to native USDC. The network will also implement the Cross-Chain Transfer Protocol (CCTP), enabling users and developers to transfer USDC seamlessly across multiple blockchains.
This milestone marks a significant step in making blockchain-based financial applications more efficient, secure, and widely adopted. At the time of writing, Aptos (APT) is trading at $8.14, showing a 5.69% surge in the past day but a 4.01% decline over the past week. See the APT price chart below.