USDC on Monad unlocks fast DeFi, crosschain payments and wallets

USDC on Monad is now live with CCTP, wallets, and contracts, bringing high-speed stablecoin settlement and crosschain connectivity to developers and businesses.

What does the USDC launch on Monad include?

Circle has activated four core products on Monad: USDC, CCTP, Circle Wallets, and Circle Contracts. Together, they deliver secure, always-on settlement for high-performance DeFi, efficient crosschain interoperability, and enterprise-ready infrastructure for builders. Moreover, this rollout targets both institutional and retail-focused applications.

Monad is a high-performance Layer-1 blockchain designed for high throughput with full EVM compatibility. It combines the speed, scalability, and low fees of next-generation networks with Ethereum-grade security.

As a result, developers can build capital-efficient applications across DeFi, trading, and payments without sacrificing security guarantees.

How does USDC work on Monad?

The USDC deployed on Monad is issued directly by Circle and is a regulated, fully reserved stablecoin redeemable 1:1 for U.S. dollars.

It enables institutional on/off-ramps such as Circle Mint for eligible users and plugs into existing Monad applications. However, the main focus is to power always-on liquidity across DeFi protocols, trading venues, and payment flows.

Technical details for the token remain precise. The Token Name is USDC and the Token Symbol is USDC.

The Mainnet Address is 0x754704Bc059F8C67012fEd69BC8A327a5aafb603, while the Testnet Address is 0x534b2f3A21130d7a60830c2Df862319e593943A3. These addresses define the canonical USDC deployment on Monad’s production and testing environments.

Developers can immediately experiment with fund flows in their Monad applications by acquiring free testnet USDC from the Circle Faucet. That said, production use will rely on the fully reserved token circulating on the Monad mainnet, enabling real capital allocation and liquidity strategies.

How does CCTP enable crosschain USDC transfers?

CCTP gives developers a native way to design crosschain experiences by connecting Monad applications to 17 additional blockchains. Instead of relying on wrapped assets, CCTP burns USDC on the source chain and mints native USDC on the destination chain. Therefore, it unlocks a highly secure and capital-efficient method to move value.

This architecture provides an alternative to traditional bridges that often lock liquidity in smart contracts. With no need to park idle capital, CCTP supports more efficient treasury operations and flexible liquidity routing. Moreover, it forms a core building block for crosschain liquidity solutions spanning DeFi, trading, and payments use cases.

What do Circle Wallets bring to Monad?

Circle Wallets deliver flexible and secure wallet infrastructure for Monad-based applications. Developers can create embedded in-app wallets tailored to global users, which streamlines DeFi onboarding and abstracts complex blockchain steps. In addition, businesses gain tools to meet compliance and security requirements.

Wallets include customizable key management options, integrated compliance tooling, and a Gas Station feature for sponsoring network fees. This lets businesses cover gas costs to offer a smoother user experience. Consequently, enterprises can onboard mainstream users while maintaining a familiar UX that hides most blockchain friction.

How do Circle Contracts simplify smart contract development?

Circle Contracts introduce a simpler way for teams to create, deploy, and manage smart contracts on Monad. They ship with end-to-end tooling and a curated library of security-audited templates. Therefore, businesses can accelerate time-to-market when building tokenization, loyalty programs, and other onchain experiences.

The contracts framework reduces bespoke engineering work and standardizes key patterns across applications. In practice, this helps teams avoid common pitfalls around security and upgrades. Moreover, it aligns with broader Monad developer tools to deliver a coherent stack for institutional-grade use cases.

What use cases are powered by USDC, CCTP, Wallets, and Contracts?

Together, USDC, CCTP, Wallets, and Contracts form a foundation for developers and businesses building on Monad. In DeFi and trading, teams can use USDC as collateral in lending markets and as a settlement asset for swaps and other transactions. This improves capital efficiency and pricing transparency across protocols.

For payments and fintech applications, embedding USDC into neobanks, marketplaces, and financial services platforms enables real-time, cost-efficient settlement. Moreover, programmable settlement rails on Monad can support new business models, from on-demand payouts to global remittances. These benefits apply to both consumer-facing and B2B payment flows.

Wallet and bridge developers can use CCTP to build more secure, faster crosschain onboarding and value transfer experiences. Rather than juggling multiple wrapped assets, users move native USDC across supported chains. In parallel, market makers can provide USDC liquidity, support efficient price discovery, and optimize capital deployment across venues, including decentralized exchanges and OTC desks.

Which apps are live on day one?

The day 1 ecosystem on Monad already includes several notable applications and infrastructure providers. Listed partners are Accountable, Across, Bungee Exchange, Coinbase, Crystal, Curve, Kuru, Levr, Mayan, Monad Bridge, Monday Trade, Portal, and Wormhole. Together, they span DeFi, trading, bridging, and liquidity services.

These integrations are expected to expand as more builders deploy on Monad. However, the presence of established names like Coinbase, Curve, and Wormhole from day one signals strong institutional and infrastructure support. This should accelerate liquidity formation and deepen the range of user-facing products.

How can businesses and developers get started?

Businesses can access on/off-ramps to convert fiat currency to USDC on Monad by applying for a Circle Mint account. This provides a direct channel to mint and redeem USDC at scale. Meanwhile, individuals and small institutions can obtain USDC through a broad network of providers and can visit USDC.com to learn more.

Developers can start building with the newly launched stack using the official documentation for USDC, CCTP, Circle Wallets, and Circle Contracts on Monad. Moreover, early experimentation with testnet USDC and sandbox wallets allows teams to refine UX and risk controls before moving into production.

With USDC live on Monad alongside CCTP, wallets, and contracts, the network gains a complete stablecoin, interoperability, and infrastructure layer that supports DeFi, trading, and enterprise-grade onchain applications from day one.