10-7-2025 – Jack Ma-backed Ant Group is working with Circle Internet Financial to integrate the USDC stablecoin onto its proprietary blockchain platform, pending U.S. regulatory approval, according to sources familiar with the matter first reported by Bloomberg.
The partnership positions USDC within Ant’s massive global payments ecosystem, which processes over $1 trillion in annual transactions through its international arm, Ant International. The integration represents a significant expansion of regulated stablecoin adoption in cross-border payments, as Ant seeks to build a comprehensive digital currency platform supporting multiple forms of digital money.
The move comes as Ant International has been actively pursuing stablecoin licenses in Hong Kong and Singapore, with Hong Kong’s new stablecoin regulatory framework set to take effect in August. By embedding USDC into its blockchain infrastructure, Ant aims to streamline settlement times, reduce counterparty risk, and increase transparency for its global user base exceeding 1.4 billion accounts.
The collaboration marks Circle’s latest major institutional partnership as USDC continues gaining traction among traditional financial institutions seeking regulated digital dollar exposure. For Ant Group, the integration aligns with its broader strategy to enhance efficient global payments rather than speculative trading activities.
