Experience the power of USDC on Morph
Morph is an Ethereum layer-2 blockchain supporting 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.
Benefits of USDC on Morph
USDC on Morph is designed to provide a trusted digital dollar that can be used for payments, remittances, trading, lending, and other onchain activity. USDC on Morph offers:
- A regulated,2 fully reserved stablecoin redeemable 1:1 for US dollars3
- Institutional on/offramps with Circle Mint4 for qualified businesses
- Easy integration into Morph apps
Users will be able to access USDC on Morph via digital asset exchanges and ecosystem apps. Qualified businesses can also access USDC on Morph via a Circle Mint account.4 The steps to access USDC on Morph via Circle Mint are:
Open a Circle Mint account
Submit your business information to begin the account opening process.
Create a deposit
Once approved, you can deposit funds into your Circle Mint account via wire transfer. Funds will settle seamlessly in USDC.
Choose USDC on Morph
You can use a Circle Mint account to directly convert fiat to USDC on Morph, and easily convert back to fiat the same way. Circle Mint also enables you to swap USDC across supported blockchains without needing a third-party bridge. USDC on Morph is redeemable 1:1 for US dollars.3
FAQs
Morph is a stablecoin-focused layer-2 (L2) blockchain designed to facilitate high-volume, real-world payments, remittances, and other financial use cases.
Circle Mint4 enables qualified businesses to redeem USDC 1:1 for USD.3 Developers and end users can also convert USDC to USD through digital wallets, exchanges, and on/offramp providers.
Yes, USDC on Morph can be easily swapped to USDC on any other supported blockchain with Circle Mint.
Swap USDC
across chains
Programmatically move USDC from one chain to another. Circle APIs make it easy for wallets, exchanges, custodians and more to rebalance their holdings of USDC across supported chains at no additional cost.
Maximize your vision. Do more with USDC.
As an open-source, programmable dollar with global reach, USDC is powerful market infrastructure you can begin building with immediately. Developers leverage Circle APIs to do even more with USDC.
2. USDC is issued by regulated affiliates of Circle. A list of Circle’s regulatory authorizations can be found here.
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. 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.