USDC, CCTP V2, Circle Wallets, and Circle Contracts are coming soon to Monad: What You Need to Know

We’re excited to announce that USDC, CCTP V2, Circle Wallets, and Circle Contracts are coming soon to Monad!

Monad is a high-performance Layer-1 blockchain designed to deliver high throughput with full EVM compatibility. It combines the speed, scalability, and low fees of next-generation blockchains with Ethereum-grade security, enabling developers to build capital-efficient applications for DeFi, trading, and payments.

With the upcoming launch of USDC¹, CCTP V2, Wallets², and Contracts², Monad will gain access to the world’s largest regulated¹ stablecoin and core Circle Developer Services products. Together, these products enable seamless crosschain transfers, embedded payments, and enterprise-grade wallet infrastructure - providing institutions and developers with the foundational building blocks for a robust onchain ecosystem.

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Benefits of USDC on Monad:

• Offers a regulated¹, fully reserved stablecoin redeemable 1:1 for US dollars³
• Enables institutional on/offramps like Circle Mint⁴ for eligible users
• Integrates easily into existing Monad apps

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With CCTP V2, developers will be able to:

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

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Wallets and Contracts deliver:

• Backend and embedded wallets that enable customized, seamless user experiences across multiple blockchains — all built from the same codebase
• Gas sponsorship through Gas Station, enabling developers to cover gas fees on behalf of their users
• A curated library of security-audited smart contract templates for tokenization, loyalty points, and a range of popular use cases
• An intuitive dashboard and set of APIs that simplify creating, deploying and managing smart contracts

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Key Use Cases

USDC and Circle’s Developer Services serve as a foundation for developers and businesses building on Monad, including:

• DeFi and Trading Apps: Use USDC as collateral and for settlement across swaps, liquidity pools, and broader DeFi activity
• Payments and Fintech: Enable real-time, cost-efficient payments and settlement by embedding USDC into wallets, marketplaces, and financial platforms
• Wallets and Bridges: Build secure, faster crosschain onboarding and transfer experiences with CCTP V2
• Institutional Liquidity Providers: Provide liquidity, enable capital-efficient trading, and rebalance funds across markets

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USDC issued by Circle¹

Token Name: USDC

Token Symbol: USDC

Mainnet Address: Coming Soon

Testnet Address: 0x534b2f3A21130d7a60830c2Df862319e593943A3

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CCTP Testnet Addresses

TokenMessengerV2: 0x8FE6B999Dc680CcFDD5Bf7EB0974218be2542DAA 

MessageTransmitterV2: 0xE737e5cEBEEBa77EFE34D4aa090756590b1CE275 

TokenMinterV2: 0xb43db544E2c27092c107639Ad201b3dEfAbcF192

MessageV2: 0xbaC0179bB358A8936169a63408C8481D582390C4

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Developers can start to experiment with funds flows in their Monad apps today by getting free testnet USDC from Circle’s Faucet.

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Stay tuned for launch

We’re thrilled for the impact this launch will have on the Monad ecosystem. With USDC, CCTP V2, Wallets, and Contracts available from day one, developers will have access to the foundational liquidity and infrastructure they need to start building.

More details to come. Feel free to reach out on Discord and engage with our team if you have any questions.

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<sub>1. USDC is issued by regulated affiliates of Circle. A list of Circle’s regulatory authorizations can be found here.
2. Circle Wallets and Circle Contracts are provided by Circle Technology Services, LLC (“CTS”). CTS is a software provider and does not provide regulated financial or advisory services. You are solely responsible for services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws. For additional details, please click here to see the Circle Developer terms of service.</sub>

_{3. 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.}

_{4. USDC is issued by regulated affiliates of Circle. 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.}