Circle Internet Group Inc.

09/23/2025 | Press release | Distributed by Public on 09/23/2025 06:52

Now Available: Native USDC & CCTP V2 on Plume

We're excited to announce that native USDC and CCTP V2 are now live on Plume to fuel institutional RWA adoption.

Plume is a RWA blockchain designed for real-world asset finance (RWAFi). It features fast finality, full EVM compatibility, and is designed to help institutions and developers bring financial assets onchain. The ecosystem has over 200K+ RWA holders - the highest number of any blockchain1 - and 200+ apps and protocols building on Plume today.2

With this launch, developers, institutions, and enterprises on Plume can readily access USDC and benefit from Plume's cost effective, high-throughput infrastructure. The addition of CCTP V2 unlocks seamless crosschain transfers of the world's largest regulated3 stablecoin across over a dozen supported blockchains, powering new opportunities for RWAfi, DeFi, SocialFi, and more.

On Plume, USDC becomes a trusted instrument for institutional RWA settlement, global payments, and deep DeFi liquidity.

Benefits of native USDC on Plume:

  • Offers a regulated3, fully reserved digital dollar redeemable 1:1 for US dollars4
  • Enables institutional on/offramps like Circle Mint5 for eligible users
  • Integrates easily into existing Plume apps

With CCTP V2, developers will be able to:

  • Enable users to move native USDC securely between Plume and supported blockchains with 1:1 capital efficiency
  • Build apps with seamless crosschain onboarding, swaps, purchases, treasury rebalancing, and more

Key Use Cases

Native USDC serves as a foundational building block for a range of use cases across the Plume ecosystem, including:

  • Settlement layer for RWAs - Select institutional vaults can use USDC as a fully reserved digital dollar to collateralize and settle tokenized assets like on Centrifuge and Nest, with liquidity routed through Grove
  • Multichain distribution - With CCTP V2, apps gain seamless access to USDC crosschain liquidity to fuel growth in the Plume ecosystem like Morpho and Rooster Protocol

Market Opportunities

The integration of native USDC and CCTP V2 also opens new opportunities for growth and adoption across Plume including:

  • Expanding Markets - Extends regulated stablecoin settlement globally, increasing the addressable market for institutions on Plume
  • Diversified Asset Classes - Powers settlement for emerging RWA categories, from carbon credits to private credit funds
  • Institutional Access - Circle Mint and Nest onboarding streamlines the path for institutions to hold and transact with USDC on Plume, helping lower barriers to entry

Bridged vs. Native USDC

Currently, bridged USDC (USDC.e via Stargate from Ethereum) circulates on Plume. Plume will work with ecosystem apps to smoothly migrate from bridged to native USDC over time.

There will be no immediate changes to the Stargate bridge and it will continue to operate normally. Bridged USDC will remain labeled as "USDC.e" in block explorers and across app UIs and documentation.

View our migration guide for options on migrating to native USDC in your app.

Native USDC issued by Circle3

Token Name: USDC

Token Symbol: USDC

Mainnet Address: 0x222365EF19F7947e5484218551B56bb3965Aa7aF

Testnet Address: 0xcB5f30e335672893c7eb944B374c196392C19D18

Bridged USDC from Ethereum

Token Name: Bridged USDC (Stargate)

Token Symbol: USDC.e

Mainnet Address: 0x78adD880A697070c1e765Ac44D65323a0DcCE913

Get started today

Businesses can readily access on/off-ramps for converting fiat currency to USDC on Plume by applying for a Circle Mint4 account. Individuals and small institutions can access USDC through a network of providers and can visit USDC.com to learn more.

Developers can start building with USDC on Plume with our developer docs - USDC is an open-source, permissionless protocol that anyone can build on.

1. Source: https://app.rwa.xyz/networks last accessed Sep 23, 2025

2. Source: https://Plume.org/community/ecosystem, last accessed Sep 23, 2025

3. USDC is issued by regulated affiliates of Circle. A list of Circle's regulatory authorizations can be found here.

4. Circle Mint customers are able to redeem USDC directly from Circle. In addition, Circle will redeem all USDC presented to it for redemption in compliance with MiCAR, regardless of whether the holder is a Circle Mint customer. Circle Mint is currently available only to institutions and is not available to individuals.

5. Circle Mint and money transmission services are provided by Circle Internet Financial, LLC. Circle Internet Financial, LLC, NMLS # 1201441, is a licensed provider of money transmission services. A full list of Circle's licenses can be found here. Circle Mint is currently available only to institutions and is not available to individuals.

Circle Internet Group Inc. published this content on September 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 23, 2025 at 12:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]