Circle has launched native USDC on the XDC Network using its Cross-Chain Transfer Protocol V2, enhancing stablecoin transfers while expanding liquidity in the decentralized finance ecosystem.

The launch of USDC on XDC could significantly boost DeFi platform traction and liquidity flow, benefiting real-world asset access and trade finance, according to Circle’s and XDC Foundation statements.

Circle has launched native USDC on the XDC Network, using its Cross-Chain Transfer Protocol V2. This advancement is aimed at enabling secure stablecoin transfers and enhancing liquidity.

With Circle’s launch of USDC on XDC, new opportunities for the regulated stablecoin and decentralized finance (DeFi) access emerge. The collaboration involves Circle Internet Financial, LLC and the XDC Foundation. Jeremy Allaire, CEO of Circle, stated, “We’re excited to announce that USDC and CCTP V2 are coming soon to XDC Network!”

USDC Launch Sparks Liquidity Expectations on XDC

The introduction of USDC to the XDC Network has created expectations of increased liquidity. Though concrete numbers are unavailable, market participants anticipate greater institutional flows and liquidity benefits.

This development with USDC is likely to boost XDC’s DeFi Total Value Locked (TVL) and stablecoin liquidity, aligning with prior trends seen in similar integrations across other blockchain networks.

Past USDC Launches Drive DeFi Growth

Previous native USDC launches, such as on Solana and Avalanche, led to increased stablecoin TVL and reduced risks compared to bridged assets. The current launch could replicate similar positive network effects on XDC.

An expert from Kanalcoin suggested potential growth for XDC in trade finance and asset tokenization opportunities. Historical trends indicate consistent market uptake following such stablecoin network integrations. Atul Khekade, Executive Director of the XDC Foundation, mentioned, “Circle will soon launch USDC on the XDC Network, adding another marker to XDC’s progress in the rapidly evolving tokenization landscape.”

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Filed under: News - @ August 29, 2025 3:27 pm