[PRESS RELEASE – Singapore, Singapore, February 26th, 2026]
Stablecoins have become a fundamental layer for settlement, moving value through payments, remittances and treasury operations worldwide. As these flows grow, the infrastructure behind dollar-denominated stablecoins is as important as the assets themselves.
USDC and Circle Cross Chain Transfer Protocol (CCTP) will launch Morphingadding payment stablecoins and standardized cross-chain settlement to the infrastructure built for payments.
USDC on Morphing
USDC is issued on Morph by Circle’s regulated branches, establishing it as a settlement asset within the network.
Issuance provides a consistent basis for dollar-denominated activities. USDC on Morph will be canonical, with uniform behavior between applications and a clear provenance at the protocol level.
For developers building payment applications, this simplifies dollar settlement by eliminating the need to manage bridging risk or fragmented liquidity. For institutions operating treasury systems, trading platforms or cross-border payment rails, USDC will provide access to a transparent stablecoin, backed by Circle’s established on- and off-ramp infrastructure.
“Morph has made meaningful investments in the core offering of our network in recent months. As we have worked with global leaders in the payments space, it is clear that they need a widely used dollar-denominated stablecoin to meet their needs. For us, partnering with Circle to bring USDC to Morph was a clear choice,” said Colin Goltra, CEO of Morph.
CCTP: Cross-Chain Infrastructure
CCTP will enable USDC to move between supported blockchains using a burn-and-mint process that maintains supply integrity.
When USDC is transferred to Morph via CCTP, it is burned into the source chain and created natively on Morph. The asset remains fully covered and verifiable within the same reserve framework.
Applications can use standard transfer or fast transfer depending on their security and latency requirements, while maintaining consistent settlement behavior across networks.
Use cases for different payments
USDC and CCTP will support a range of payment and financial applications that rely on reliable dollar settlement and cross-chain access.
- Crypto cards and neobanks
Card programs and digital issuance platforms will be able to settle balances in USDC, while users can fund accounts from supported blockchains via CCTP.
Money transfer platforms will benefit from transparent, stable, coin-based settlement with near-instantaneous transfers between different regions.
POS providers can accept payments from users from multiple chains while checking out in USDC, simplifying reconciliation and reducing currency delays for merchants.
USDC will serve as the collateral and settlement asset for credit protocols and decentralized exchanges, with CCTP supporting the movement of liquidity between Morph and other supported blockchains, including connections to the Bitget ecosystem.
Building a settlement layer for digital dollars
To support teams bringing payment flows on-chain, Morph has launched the $150 million Payment acceleratorproviding financing, technical support and access to payment partners and institutional on-ramps.
Together, USDC, standardized cross-chain settlement via CCTP, and direct ecosystem support position Morph as a settlement layer for real financial activity.
As stablecoins continue to support payments, treasury operations and on-chain trading, Morph is building the execution environment at an institutional scale.
Money at the speed of life.
About Morphing
Morphing is an Ethereum-based, payments-focused settlement layer and the original on-chain home of BGB, focused on building the foundation for global consumer finance on-chain. Morph powers real-world financial activities across payments, savings, identity and rewards, enabling scalable, on-chain settlement for consumer and business use. Led by the Morph Foundation, the network connects more than 120 million users through the Bitget and Bitget Wallet ecosystems.
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