KEY TAKEAWAYS
- USDC will be available on Codex, a new blockchain designed for B2B stablecoin transactions, enhancing secure and low-cost global finance settlements.
- The Cross-Chain Transfer Protocol (CCTP) V2 will enable seamless USDC transfers across Codex and other blockchains, improving interoperability.
- Codex is built to support stablecoin utility, focusing on speed, reliability, and cost-efficiency for global business payments.
- Circle is expanding USDC’s reach with CCTP V2 on Codex, aiming to enhance stablecoin payment possibilities.
USDC, the world’s largest regulated stablecoin, is set to be available on Codex, a new EVM-compatible blockchain designed specifically for business-to-business (B2B) stablecoin transactions. This development aims to enable secure and low-cost settlements for global finance.
Alongside USDC, the Cross-Chain Transfer Protocol (CCTP) V2 will also be introduced on Codex. This protocol facilitates seamless cross-chain USDC transfers between Codex and other supported blockchains, enhancing interoperability and efficiency.
Codex: A Blockchain Built for Stablecoin Utility
Codex is an API-first blockchain that prioritizes speed, reliability, and cost-efficiency. It is built from the ground up with stablecoin utility in mind, supporting on-chain financial workflows at scale. The integration of USDC on Codex is intended to bolster a network tailored for global business payments and treasury operations powered by stablecoins.
USDC is a regulated and fully reserved stablecoin, redeemable 1:1 for US dollars. It is issued by regulated affiliates of Circle, with a list of regulatory authorizations available here. Circle Mint, a service provided by Circle Internet Financial, LLC, offers institutional users access to on/off-ramps for USDC transactions.
Enhancing Cross-Chain Experiences
The launch of CCTP V2 on Codex is expected to provide fast, secure, and frictionless cross-chain experiences. This protocol allows for the transfer of USDC across different blockchains, facilitating greater flexibility and utility for users engaged in global finance.
Circle has expressed enthusiasm about bringing USDC and CCTP V2 to Codex, highlighting the potential to expand the possibilities for stablecoin payments. Interested parties are encouraged to engage with the Circle team on Discord for further inquiries.
Why This Matters: Impact, Industry Trends & Expert Insights
The integration of USDC and CCTP V2 on the Codex blockchain marks a significant step in enhancing B2B stablecoin transactions by offering secure and cost-effective solutions for global finance.
Stablecoins are increasingly being adopted in B2B transactions due to their speed, cost efficiency, and stability. As of early 2025, B2B stablecoin transactions have surpassed $36 billion, highlighting the potential of stablecoins in transforming global payments. This aligns with the introduction of USDC on Codex, which aims to facilitate efficient cross-border transactions. PYMNTS
Experts view Codex as a promising platform for stablecoin transactions due to its focus on creating a dedicated blockchain for stablecoins, addressing inefficiencies in general-purpose blockchains. This supports the potential impact of USDC and CCTP V2 on Codex in enhancing stablecoin utility for business applications. Gate.com
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