Circle launches USDC and CCTP on Injective blockchain

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Olga Shendetskaya

08.05.2026

Circle launches USDC and CCTP on Injective blockchain — Circle brings USDC to Injective via CCTP

Circle has officially introduced its USDC stablecoin and the Cross-Chain Transfer Protocol (CCTP) on the Injective blockchain. The integration expands the availability of a regulated dollar-pegged asset within the Injective DeFi ecosystem and enables seamless transfers across multiple networks.

Highlights

Circle has launched native USDC and CCTP on the Injective blockchain.
CCTP enables secure, fast cross-chain transfers of USDC without third-party bridges.
Injective joins a growing list of networks supported by Circle’s infrastructure.
USDC market capitalization exceeds $30 billion.

Enhanced capabilities for users and developers

With CCTP, users and developers on Injective can now move USDC between Injective and other supported blockchains — including Ethereum, Solana, Avalanche, Arbitrum, and Optimism — without relying on traditional bridges. The protocol burns USDC on the source chain and mints an equivalent amount on the destination chain, maintaining a 1:1 backing with Circle’s reserves.

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This approach significantly reduces counterparty and bridge-related risks that have led to billions of dollars in losses across the industry in recent years.

Strategic importance for Injective

Injective, a blockchain optimized for decentralized finance and derivatives trading, gains access to one of the most widely used stablecoins, which currently has a market capitalization exceeding $30 billion. The availability of native USDC is expected to improve liquidity, simplify entry and exit from positions, and support the development of more sophisticated DeFi applications on the network.

Broader push for interoperable stablecoins

The expansion reflects Circle’s ongoing strategy to position USDC as the leading neutral liquidity layer across multiple blockchain ecosystems. By integrating directly with public blockchains like Injective, the company aims to provide institutions and retail users with a reliable, regulated stable asset for trading, lending, and payments. This move further strengthens the infrastructure for cross-chain DeFi activity and could accelerate institutional adoption of tokenized dollar assets.

Earlier, we reported that Circle faced a lawsuit over the movement of USDC after the Drift exploit.

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