Jack Ma’s Ant Group Plans USDC Integration Pending U.S. Approval — Bloomberg

Ant International, the offshore division of Jack Ma’s Ant Group, aims to integrate Circle’s USD Coin (USDC) into its blockchain platform once the stablecoin receives full regulatory approval in the United States. The company is working directly with Circle Internet Group Inc. on the integration, though no specific timeline has been set, Bloomberg reports.

The integration will target cross-border payments and treasury services on Ant International’s global blockchain network. The collaboration comes after the U.S. Senate passed legislation in June that establishes a regulatory framework for dollar-pegged cryptocurrencies, though implementation details and approval processes remain under development by relevant regulatory agencies.

Ant International plans to incorporate various regulated digital assets beyond USDC, including central bank digital currencies and tokenized bank deposits, into its blockchain-based treasury management and payment services. The company’s blockchain infrastructure processed approximately one-third of Ant’s global transaction volume in 2024, which totaled over $1 trillion.

The company is simultaneously pursuing stablecoin licenses in Singapore and Hong Kong, along with a related permit in Luxembourg, as part of its expansion into regulated cryptocurrency offerings across multiple jurisdictions.

This initiative represents part of Ant International’s broader strategy to expand its regulated digital asset capabilities. The company has developed its blockchain infrastructure to handle high-volume international payments and treasury operations.

Ant International operates separately from its parent company’s domestic Chinese operations, focusing on international markets where cryptocurrency regulations vary significantly. The timing of the USDC integration depends entirely on when U.S. regulators grant the stablecoin full compliance status under the new legislative framework.