USDC & CCTP are now live on Morph, enabling stablecoin settlement, fast crosschain transfers, and enterprise-grade scalability for payments, remittances, DeFi, & more.
We’re excited to announce that USDC and CCTP are now live on Morph!
Morph is a layer-2 (L2) blockchain built on Ethereum that supports digital payments and financial applications. As a payments-focused settlement layer, Morph enables practical, everyday onchain activity, including stablecoin usage for payments, remittances, and consumer-facing DeFi applications. Morph strives to be accessible for users, developers, and businesses that use and build finance-focused applications.
Now, with the launch of USDC and CCTP on the network, Morph gains access to the world’s largest regulated stablecoin1 and secure crosschain infrastructure. This unlocks institutional-grade settlement, new DeFi opportunities, and low-cost global payments — all powered by the trust and interoperability of USDC and CCTP.
Benefits of USDC and CCTP on Morph
USDC on Morph is designed to provide a trusted digital dollar that can be used across payments, financial applications, and other onchain activity. USDC on Morph offers benefits like:
- Access to a regulated,1 fully reserved stablecoin redeemable 1:1 for US dollars2
- Institutional on/offramps like Circle Mint3 for eligible users
- Easy integration into Morph apps
Day-1 builders include: Bitget, Bulba, and Stargate.
Meanwhile, CCTP is designed to make it easier to move USDC across supported blockchains without relying on traditional wrapped assets. CCTP on Morph enables developers to:
- Move USDC seamlessly and securely between Morph and other supported blockchains
- Choose between Standard Transfer and Fast Transfer according to their needs
- Build apps that support seamless crosschain onboarding, payments, remittances, swaps, and other financial applications
Key use cases for USDC on Morph
USDC is positioned as a core payments asset within the Morph ecosystem. A primary use case is payments and remittances, where USDC can facilitate cross-border transfers, payroll disbursements, and everyday transactions. Through integrations with payment-focused applications, Morph seeks to enable seamless business and merchant payments, allowing users and enterprises to move value more efficiently using a dollar-denominated digital asset.
USDC is also intended to play a foundational role in DeFi activity on Morph, serving as a standard settlement and trading asset. Within the existing ecosystem, USDC can be utilized across trading and lending applications, including those connected to centralized exchange partners such as Bitget. By offering a familiar and widely adopted stablecoin, USDC lowers friction for users trading assets, managing positions, and moving liquidity between DeFi protocols and exchange-based environments.
USDC issued by Circle1
Token Name: USDC
Token Symbol: USDC
Mainnet Address: 0xCfb1186F4e93D60E60a8bDd997427D1F33bc372B
Testnet Address: 0x7433b41C6c5e1d58D4Da99483609520255ab661B
Get started today
Businesses can access direct on/offramps to convert fiat currency to USDC on Morph by applying for a Circle Mint3 account. Individuals and small institutions can access USDC through a network of providers and can visit USDC.com to learn more.
Get started today with our developer docs for USDC and CCTP on Morph. USDC is an open-source, permissionless stablecoin protocol that anyone can build on.
1 USDC is issued by regulated affiliates of Circle. A list of Circle’s regulatory authorizations can be found here.
2 Circle Mint customers are able to redeem USDC directly from Circle. In addition, Circle will redeem all USDC presented to it for redemption in compliance with MiCAR, regardless of whether the holder is a Circle Mint customer. Circle Mint is currently available only to institutions and is not available to individuals.
3 Circle Mint and money transmission services are provided by Circle Internet Financial, LLC, NMLS # 1201441, and Circle Internet Financial Europe SAS, Electronic Money Institution License No. 17788, when provided in France. A list of Circle’s regulatory authorizations can be found here. Circle Mint is currently available only to institutions and is not available to individuals.
