Now Available: USDC & CCTP V2 on Ink

We’re excited to announce that USDC and CCTP V2 are now live on Ink – unlocking secure, cost effective stablecoin payments, unified DeFi liquidity, and seamless crosschain transfers for developers, institutions, and enterprises.

Ink is an Ethereum Layer-2 blockchain built by Kraken and part of the Optimism Superchain. Designed for DeFi, Ink offers cost effective, fast, and composable infrastructure that makes it easier for developers and users to access new financial opportunities. Its ecosystem already includes a growing set of DEXs, perpetuals protocols, and other innovative DeFi apps.

With this launch, Ink gains access to the world’s largest regulated¹ stablecoin and seamless access to crosschain liquidity.

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Benefits of USDC on Ink:

• Offers a regulated¹, fully reserved digital dollar redeemable 1:1 for US dollars²
• Enables institutional on/off-ramps like Circle Mint³ for eligible users
• Integrates easily into existing Ink apps

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With CCTP V2, developers will be able to:

• Enable users to move native USDC securely between Ink and supported blockchains with 1:1 capital efficiency
• Build apps with seamless crosschain onboarding, swaps, purchases, treasury rebalancing, and more

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Powering new use cases

On Ink, USDC & CCTP V2 unlock major areas of growth across DeFi and more: 

• DeFi trading: Power spot and perpetuals trading with collateral on DEXs like Velodrome 
• 24/7 settlement: Provide 24/7 settlement for derivatives instruments and other financial transactions
• Crosschain experiences: Enable fast, capital-efficient USDC transfers between Ink and supported blockchains with CCTP V2, improving onboarding, swaps, and treasury management, just like cctp.exchange and Wormhole

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USDC issued by Circle¹

Token Name: USDC

Token Symbol: USDC

Mainnet Address: 0x2D270e6886d130D724215A266106e6832161EAEd

Testnet Address: 0xFabab97dCE620294D2B0b0e46C68964e326300Ac

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Get started today

Businesses can readily access on/off-ramps to convert fiat currency to USDC on Ink 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.

Start building today with USDC on Ink using our developer docs – USDC is an open-source, permissionless protocol that anyone can build on.

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_{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. Circle Internet Financial, LLC, NMLS # 1201441, is a licensed provider of money transmission services. A full list of Circle’s licenses can be found here. Circle Mint is currently available only to institutions and is not available to individuals.}