Payments firm Stripe is expanding its crypto products to include layer-1 blockchain Aptos (APT) and stablecoin issuer Circle plans to bring its flagship stablecoin, USDC, to the network. Until now, USDC has only been available on the network in a bridged version. Additionally, Circle will add Aptos to its Cross-Chain Transfer Protocol (CCTP) to help facilitate the movement of USDC across different blockchains. Stripe will provide crypto on-ramp services on Aptos, allowing merchants to transfer money between traditional payment systems and blockchains. This move aims to broaden access to more efficient global fund flows with stablecoins.
- Content Editor ( coindesk.com )
- 2024-11-21
Payments Giant Stripe Brings Crypto Services to Aptos as Circle's USDC Stablecoin Launch on the Network