This post was originally published on The FinTech Times
As stablecoins continue to solidify their position as a foundational layer for global financial settlement, Ethereum layer-2 network Morph has entered into a strategic partnership with Circle to integrate USDC and the Circle Cross-Chain Transfer Protocol (CCTP).
The integration will bring standardised cross-chain settlement and payment stablecoins to Morph’s infrastructure, which is explicitly built for payments.
Establishing a canonical settlement asset
Colin Goltra, CEO of Morph
Under the new partnership, USDC will be issued directly on the Morph network by Circle’s regulated affiliates. This establishes USDC as a canonical settlement asset across the network, ensuring uniform behaviour across applications and clear provenance at the protocol level.
For developers building payment applications, this native issuance simplifies dollar settlement by removing the need to manage bridge risks or navigate fragmented liquidity. Furthermore, institutions operating treasury systems, merchant platforms, or cross-border payment rails will gain access to a transparent stablecoin supported by Circle’s established on- and off-ramp infrastructure.
Colin Goltra, CEO of Morph, emphasised the strategic necessity of the integration: “Morph has spent the last several months meaningfully investing in our network’s core offering. As we have engaged with global leaders in the payment space, it’s clear that
— Read the rest of this post, which was originally published on The FinTech Times.
