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.
