Ant Group to Integrate USDC into Its $1 Trillion Payments Network

USDC News - Ant Group, the financial technology affiliate of Alibaba founded by Jack Ma, is set to integrate Circle's USDC stablecoin into its blockchain-based payments network. The MOVE follows favorable regulatory developments for USDC in the U.S. and positions Ant Group as the largest corporate user of the stablecoin outside American markets. The Alipay operator processed over $1 trillion in online payments last year, with one-third settled on its proprietary blockchain. This integration grants Circle access to Ant's vast ecosystem spanning 1.6 billion users across its super-app services including payments, investments, and digital banking. Ant has been aggressively securing stablecoin licenses across jurisdictions, most recently in Hong Kong. The company envisions a payments infrastructure where regulated stablecoins, central bank digital currencies, and tokenized deposits operate interchangeably.