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Injective Expands Blockchain Payments Stack With USDC and Cross-Chain Protocol

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bitcoin.com
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17 days ago
AI summarizes in 5 seconds.

USDC on Injective Aims to Streamline Cross-Chain Crypto Payments

According to the announcement, the integration would allow users and developers to move USDC between supported blockchains without relying on wrapped tokens or third-party bridges, using Circle’s native infrastructure. Injective said the rollout is being prepared for mainnet, while a testnet version is already available for developers.

USDC remains one of the largest dollar-pegged stablecoins, with circulation exceeding $79 billion near the end of Q1 2026, and 2025 annual onchain transaction volume reaching $11.9 trillion, according to company figures. Stablecoins have become a significant component of digital payments infrastructure.

Industry data cited by Injective shows total stablecoin transaction volume reached $33 trillion in 2025, with USDC accounting for $18.3 trillion of that activity. Payment firms including Visa and Mastercard have introduced stablecoin-related services, while business-to-business usage has expanded in recent years.

CCTP is designed to facilitate direct transfers of USDC across multiple blockchains with 1:1 capital efficiency. The protocol removes the need for token wrapping, a process that can fragment liquidity across networks. Injective said the integration would support cross-chain trading, payments, and treasury management use cases.

The company also said USDC on its network will use a unified token standard compatible with multiple virtual machine environments, including Ethereum Virtual Machine ( EVM) and WebAssembly (Wasm). This structure is intended to allow developers to access the same liquidity pool regardless of the execution environment used.

Stablecoin-based payments are expected to continue expanding. Estimates referenced in the announcement suggest payment volumes reached about $9 trillion in 2025 and could grow further over the coming years, driven by demand for faster and lower-cost settlement systems. Regions such as Latin America and South Asia have seen increased adoption tied to cross-border payments and remittances.

Injective further disclosed that developers can currently test USDC integrations on its testnet, including payment flows, collateral management systems, and cross-chain transfer functionality. A timeline for the mainnet launch of USDC and CCTP on Injective was not disclosed.

FAQ 🔎

  • What is USDC?
    USDC is a dollar-pegged stablecoin backed by cash and cash-equivalent reserves and used for payments and trading on blockchains.
  • What does CCTP do?
    CCTP enables direct transfers of USDC across supported blockchains without using wrapped tokens or third-party bridges.
  • Why is Injective adding USDC?
    Injective aims to expand access to stablecoin liquidity and support cross-chain payments, trading, and financial applications.
  • Is USDC live on Injective now?
    USDC is currently available on Injective’s testnet, with a mainnet launch planned but not yet dated.

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