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Ant International partners with Circle to bring USDC to the global blockchain platform.
According to Bloomberg, Ant International – the global unit of Ant Group, the largest fintech company in China backed by Jack Ma – is partnering with Circle Internet Financial to bring the USDC stablecoin into its blockchain ecosystem.
Sources close to the matter indicate that Ant International plans to integrate USDC after this stablecoin meets all legal compliance requirements in the U.S. The agreement is still in the preparation phase, and the official launch time has not yet been determined.
This move marks a significant step in connecting China's blockchain payment system with widely accepted digital assets globally. The collaboration between Circle – the issuer of USDC – and Ant Group demonstrates the expanding influence of stablecoins into traditional financial platforms on a global scale.