Ant Group to Adopt USDC Stablecoin for Blockchain Payments Pending U.S. Regulatory Approval

Ant Group's international division, supported by Alibaba founder Jack Ma, plans to integrate Circle's USDC stablecoin into its proprietary blockchain payment network. The implementation is pending approval from U.S. regulators under new federal guidelines, which could establish Ant International as the largest overseas corporate user of a U.S.-issued stablecoin.

This strategic MOVE supports Ant Group's vision of developing a regulated digital finance ecosystem. The company is actively seeking stablecoin licenses in key financial hubs including Singapore, Hong Kong, and Luxembourg, with the goal of creating an interoperable platform for stablecoins, central bank digital currencies (CBDCs), and tokenized bank deposits.

The integration of USDC is expected to significantly improve ANT Group's cross-border settlement operations by enabling faster, more cost-effective, and transparent transactions. The network already handled over $1 trillion in global transactions last year, with more than 35% settled on-chain.