Ant Group may cooperate with Circle to introduce USDC to Ant Chain
Aug 01, 2025 pm 07:15 PMAnt Group is negotiating with Circle to introduce USDC into Ant Chain, 1. Improve cross-border payment efficiency and serve Alibaba's ecological small and medium-sized enterprises; 2. Build a DeFi ecological bridge and explore compliant decentralized finance; 3. Promote global compliance layout and help Alipay expand European, American and Southeast Asian markets. Despite facing China's regulatory restrictions and fierce competition, this move still marks an important breakthrough for Chinese technology giants in the globalization of blockchain finance, indicating that traditional companies are accelerating their embrace of compliant crypto assets.
Ant Group may cooperate with Circle to introduce USDC into Ant Chain to accelerate the global layout of blockchain finance
Recently, it has been reported that Ant Group is negotiating cooperation with Circle, the issuer of USD stablecoin, to plan to connect USDC to its independently developed AntChain. If the cooperation is implemented, this will be the first time that a Chinese technology giant has integrated mainstream compliance stablecoins in the blockchain ecosystem, marking an important step forward for Ant Group in cross-border payments, DeFi and Web3 fields.
Cooperation background and strategic significance
USDC, jointly launched by Circle and Coinbase, is supported by 1:1 USD reserves and is the world's second largest stablecoin (market value exceeds USD 25 billion). Its compliance and transparency are highly recognized by traditional financial institutions. As the core blockchain platform of Ant Group, Ant Chain has been used in supply chain finance, cross-border trade, copyright protection and other scenarios, but it has previously relied on alliance chain technology and lacked interoperability with the open encryption ecosystem.
The introduction of USDC may bring a triple breakthrough to Ant Chain:
Improved cross-border payment efficiency : USDC's instant settlement feature can optimize Ant Chain's cross-border B2B payment network, especially serving small and medium-sized enterprises and international merchants in Alibaba's e-commerce ecosystem.
DeFi Ecological Bridge : USDC is the "base currency" of mainstream DeFi protocols. After access, it may promote cross-chain interconnection between Ant Chain and public chains such as Ethereum, and explore compliant DeFi applications.
Global compliance attempts : Ant Group has expanded Southeast Asian market through Alipay in recent years, and the addition of USDC may provide compliant payment tools for it in regions with strict digital currency regulation (such as Europe and the United States).
Challenges and uncertainties
Despite the broad prospects for cooperation, it faces two core challenges:
China's regulatory policy : Cryptocurrency trading is explicitly banned in China, and USDC may only be limited to the use of Ant Chain's overseas business (such as licensed entities such as AlipayHK or Singapore Star Yi Bank).
Competitive landscape : Circle has cooperated with several international financial institutions (such as Visa). Ant needs to prove the unique attractiveness of its on-chain scenarios to distinguish it from the USDC ecosystem of other public chains.
Industry impact prospects
If cooperation comes true, it will send two major signals: one is that Chinese technology companies are embracing the compliance of crypto assets with a more open attitude; the other is that the status of stablecoins as the "blockchain dollar" may be further consolidated, which may promote more traditional companies to explore on-chain finance.
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