USDC and CCTP Are Now Live on Morph
USDC and Circle's Cross-Chain Transfer Protocol (CCTP) are live on Morph, bringing the world's largest regulated stablecoin and standardized cross-chain settlement to a network built for financial applications at scale.
Dollar Settlement on Morph
USDC is now issued on Morph by Circle's regulated affiliates, establishing it as the primary dollar-denominated settlement asset across the network. Direct issuance ensures consistent token behavior across every application and clear asset provenance at the protocol level, eliminating the complexity associated with bridged or wrapped stablecoin variants.
For developers, this means dollar settlement without the overhead of managing fragmented liquidity or bridge risk. For institutions operating treasury systems, merchant platforms, or cross-border payment infrastructure, USDC on Morph connects directly to Circle's on- and off-ramp network, including Circle Mint for businesses seeking direct fiat conversion into USDC on Morph.
"Stablecoin infrastructure is becoming the backbone of global payments, and Morph is built to be at the center of that. Having USDC and CCTP live on the network is a concrete step toward making onchain settlement practical at institutional scale," said Colin Goltra, CEO of Morph.
CCTP: Secure Cross-Chain Movement for USDC
CCTP enables USDC to move between Morph and other supported blockchains through a burn-and-mint process. Rather than relying on synthetic or wrapped representations, USDC is burned on the source chain and newly issued on the destination chain, maintaining full backing and reserve transparency throughout.
Developers can choose between Standard Transfer and Fast Transfer depending on their security and speed requirements, with predictable settlement behavior across supported networks.
Use Cases Now Available
Payments and Remittances
Cross-border payment platforms and remittance providers gain access to transparent dollar settlement with rapid crosschain finality, reducing the delays and currency conversion overhead introduced by traditional rails.
Crypto Cards and Neobanks
Digital card programs and neobank platforms can denominate balances in USDC and allow users to fund accounts from any CCTP-supported chain, without requiring manual bridging steps.
DeFi and Trading
USDC is available as a core trading and collateral asset across lending markets and decentralized exchanges on Morph, with CCTP enabling liquidity to move between Morph and other networks.
Payment Gateways
Merchants and checkout providers can accept payments originating from multiple chains while receiving USDC on Morph, consolidating settlement into a single asset and simplifying reconciliation.
Build with the Payment Accelerator
Morph's $150 million Payment Accelerator is open to teams building payment products onchain, offering capital, technical resources, and introductions to payment partners and institutional onramp providers.
Developers can get started with USDC and CCTP on Morph through Circle's developer documentation. Businesses seeking direct fiat onramps can apply for a Circle Mint account.
Money at the speed of life.
