Circle’s dollar-backed stablecoin, USDC, has officially launched on the Aptos layer-1 blockchain. In conjunction with this development, Aptos’s native token, APT, has seen a 5.5% increase in value over the past 24 hours.
Coinbase Adds USDC to Listing Roadmap
Leading U.S. cryptocurrency exchange Coinbase has incorporated Aptos’s USDC into its listing roadmap. This move strengthens the integration of USDC within the Aptos ecosystem, potentially increasing its usage among developers and users.
Aptos Plans Integration with Stripe
Aptos announced plans to integrate USDC with fintech giant Stripe’s payment services in November. Stripe will provide fiat on-ramp capabilities for the Aptos network and has already begun supporting USDC payments since October.
Previously, Stripe halted Bitcoin 
$76,429 payments in 2018 but has made a return to the sector with USDC. This strategic decision aims to offer broader payment options to users on the Aptos network.
USDC, issued by Circle, is a native stablecoin convertible to U.S. dollars at a 1:1 ratio. With a market cap exceeding $53 billion, it ranks second after USDT in the stablecoin market.
While APT has experienced a recent uptick in value, it has seen declines of over 5% in the last week and more than 10% in the past month. This volatile performance continues to capture market attention.
The rollout of USDC on the Aptos network aims to provide users with expanded payment options, while the fluctuating performance of APT impacts market dynamics.
