News View Non-AMP

Jack Ma’s Ant Group Joins Circle to Bring USDC to Blockchain

Published by
Zafar Naik and Qadir AK

Jack Ma-backed Ant Group is stepping deeper into the global crypto game and it’s doing it with USDC!

Yes, according to a Bloomberg report, Ant’s international arm is partnering with Circle to bring the popular stablecoin onto its blockchain platform. The move reflects a broader shift for the Chinese fintech giant, which is now focused on regulated digital assets and cross-border payments.

The integration will begin once USDC clears U.S. compliance requirements. A timeline hasn’t been announced yet, but the partnership is already drawing attention. Circle shares rose 3.8% in pre-market trading following the news.

A Big Win for Circle

For Circle, this deal adds another major name to its growing list of global partners. It comes just days after the company announced a new integration with OKX, one of the world’s largest exchanges, giving over 60 million users easier access to USDC across 12 different blockchains.

Circle has been pushing hard to expand its stablecoin in regulated markets, especially after the U.S. Senate passed the GENIUS Act – the first major bill focused on stablecoin regulation. The company is also working on a global payments network to help banks and institutions settle cross-border transactions using USDC.

With Ant Group on board, Circle’s push into Asia is getting a serious boost.

Ant’s New Global Game Plan

This is a strategic step for Ant, whose global unit, Ant International, is being groomed for a spinoff and future IPO. In 2024, the division brought in nearly $3 billion in revenue, and analysts estimate a potential IPO valuation between $8 billion and $24 billion.

Now, the company is actively preparing to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg.

After years of regulatory pressure in China and the suspension of its 2020 IPO, Ant is rebuilding – this time with a focus on digital currencies, tokenized bank deposits, and central bank digital currencies.

Why Circle Is Betting on Regulation

USDC may still be smaller than Tether in market cap, but Circle is betting on regulation.

While Tether faces ongoing scrutiny in Europe and Asia, Circle is leaning into compliance and forming partnerships that open up new markets.

The stablecoin race is heating up, and this is an interesting move for sure.

FAQs

What specific benefits does Ant Group gain from integrating USDC into its blockchain platform?

Ant Group gains access to a widely adopted, regulated stablecoin for cross-border payments, enhancing the speed, cost-efficiency, and transparency of transactions. This strengthens its global payment network and aligns with its strategic pivot toward regulated digital assets.

How does Ant Group’s partnership with Circle impact its potential IPO valuation and spinoff plans for Ant International?

The partnership with Circle bolsters Ant International’s credibility and global appeal, especially as it seeks a spinoff and future IPO. By embracing regulated stablecoins, Ant enhances its position as a compliant and forward-thinking fintech, potentially increasing its IPO valuation (estimated between $8B-$24B).

Could this partnership influence other Chinese fintech firms or traditional banks to adopt stablecoins like USDC?

Yes, this high-profile partnership could certainly influence other Chinese fintech firms and traditional banks to explore or adopt stablecoins. Ant Group’s move sets a precedent, demonstrating a path for regulated digital asset integration in a major market and highlighting the benefits of global stablecoin use.

Zafar Naik and Qadir AK

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

XRP Price Breakout Alert: Key Technical Signals Point to an Imminent Surge

As the market conditions for Bitcoin and altcoins appear to have smoothed a bit, the…

October 24, 2025

XRP and Pepe Forecasts Are Bullish, But Ozak AI Prediction Is Stealing the Buzz

XRP and Pepe are both riding a wave of bullish sentiment, with traders eyeing breakout…

October 24, 2025

Polymarket CMO Confirms POLY Token and Airdrop Plans, Prioritizes U.S. App Launch

Polymarket, a cryptocurrency-based prediction market platform, is hinting at major developments for what could be…

October 24, 2025

Solana vs. XRP vs. $TAP – Digitap’s Innovative Solution to ‘Spend Crypto Like Cash’ Drives 100X Growth Forecasts

With a full-blown altseason approaching, investors are caught between betting on established altcoins like Solana…

October 24, 2025

TAO Price Targets 100% Rise If Sustained Bullish Rally Starts

TAO price today jumped 6% to trade near $395, lifting its market cap to $4…

October 24, 2025

Binance-Backed ASTER Plans Major Token Buyback

Aster, a Binance-backed DEX, plans to use 70-80% of its Season 3 fee revenue for…

October 24, 2025