USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Integration to enhance DeFi use cases on Aptos, expand interoperability, and streamline global payment solutions for merchants.

Cryptocurrency stablecoin issuer Circle and payments technology firm Stripe are integrating their services with the Aptos blockchain network.

The partnership will see Circle’s native stablecoin USDC and Cross-Chain Transfer Protocol (CCTP) being integrated on Aptos, while Stripe will be adding support for Aptos in its crypto products.

According to a press release shared with CoinDesk on Monday, the integration will expand use cases for decentralized finance (DeFi) on Aptos and enhance interoperability.

The move will also streamline global payment solutions for merchants, the press release stated.

“Adding support for the Aptos blockchain inside our crypto products broadens consumer and merchant access to more efficient global fund flows with stablecoins; whether it be a retailer accepting payments from around the world, or a platform paying creators no matter where they are,” said John Egan, Head of Crypto at Stripe, in the press release.

“This collaboration brings Stripe’s global network together with the power of the Aptos blockchain, opening new avenues for both merchants and consumers to access efficient, stablecoin-based payments.”

The integration of Aptos into Stripe’s crypto onramp and payouts products, paired with native USDC, will provide reliable fiat on and off-ramps for the Aptos network, the press release said.

This will streamline merchant pay-ins and payouts, and offer a seamless connection between traditional finance and blockchain technology.

“The DeFi ecosystem on Aptos has grown to five times its original size in the past year alone, and it’s clear why,” said Nikhil Chandhok, Chief Product Officer at Circle, in the press release.

“Aptos has emerged as a highly efficient way to move money across the globe. The arrival of native USDC and CCTP will only enhance this, and further the vision we share with the Aptos Foundation team of a future where secure digital dollars create a more accessible economy for everyone.”

The launch of CCTP will bring new levels of interoperability to DeFi on Aptos, enabling secure and efficient native USDC transfers, according to the press release.

With the addition of Aptos, CCTP will support nine blockchains – including Arbitrum, Base, Ethereum, and Solana — and 72 routes with 1:1 capital efficiency.

This will allow for seamless cross-chain onboarding, swaps, purchases, treasury rebalancing, and more – all while maintaining an accessible and intuitive user experience.

The press release also highlighted the role of Aptos Labs, which provided technical expertise for the integrations, in the development of the Aptos blockchain.

According to the press release, Aptos aims to make the globally connected economy accessible to everyone by simplifying the movement of economic value.