USDC and CCTP Are Coming to Morph, Advancing Settlement for Payments

TheNewsCryptoPublished on 2026-02-26Last updated on 2026-02-26

Abstract

USDC and the Cross-Chain Transfer Protocol (CCTP) are launching on Morph, a payments-first Ethereum-based settlement layer. This integration brings a canonical, dollar-denominated stablecoin and standardized cross-chain infrastructure to the network. USDC will be natively issued on Morph by Circle’s regulated affiliates, providing a transparent and reliable settlement asset for applications. CCTP enables secure cross-chain transfers of USDC via a burn-and-mint mechanism, preserving asset integrity. This infrastructure supports key use cases including crypto cards, cross-border remittance, payment gateways, and DeFi trading. To further accelerate adoption, Morph has launched a $150 million Payment Accelerator program, positioning the network as a scalable settlement layer for real-world financial activity.

Singapore, Singapore, February 26th, 2026, Chainwire

Stablecoins have become a foundational layer for settlement, moving value across payments, remittances, and treasury operations worldwide. As these flows grow, the infrastructure behind dollar-denominated stablecoins matters as much as the assets themselves.

USDC and Circle Cross-Chain Transfer Protocol (CCTP) will be launching on Morph, bringing payment stablecoins and standardized cross-chain settlement to infrastructure built for payments.

USDC on Morph

USDC will be issued on Morph by Circle’s regulated affiliates, establishing it as a settlement asset across the network.

Issuance provides a consistent foundation for dollar-denominated activity. USDC on Morph will be canonical, with uniform behavior across applications and clear provenance at the protocol level.

For developers building payment applications, this simplifies dollar settlement by eliminating the need to manage bridge risk or fragmented liquidity. For institutions operating treasury systems, merchant platforms, or cross-border payment rails, USDC will provide access to a transparent stablecoin supported by Circle’s established on- and off-ramp infrastructure.

“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 they need a widely-used, dollar-denominated stablecoin to meet their needs. For us, working 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 preserves supply integrity.

When USDC is transferred to Morph via CCTP, it will be burned on the source chain and minted natively on Morph. The asset will remain fully backed and verifiable under the same reserve framework.

Applications will be able to use Standard Transfer or Fast Transfer depending on their security and latency requirements, while maintaining consistent settlement behavior across networks.

Use Cases Across Payments

USDC and CCTP will support a range of payment and financial applications that rely on dependable dollar settlement and cross-chain access.

  • Crypto Cards and Neobanks

Card programs and digital issuing platforms will be able to settle balances in USDC while enabling users to fund accounts from supported blockchains via CCTP.

  • Cross-Border Remittance

Money movement platforms will benefit from transparent, stablecoin-based settlement with near-instant cross-chain transfers across regions.

  • Payment Gateways

Checkout providers will be able to accept payments from users across multiple chains while settling in USDC, simplifying reconciliation and reducing FX delays for merchants.

  • DeFi and Trading

USDC will serve as collateral and a settlement asset across lending protocols and decentralized exchanges, with CCTP supporting liquidity movement between Morph and other supported blockchains, including connections to the Bitget ecosystem.

Building the Settlement Layer for Digital Dollars

To support teams bringing payment flows on-chain, Morph has launched the $150 million Payment Accelerator, providing funding, technical support, and access to payment partners and institutional onramps.

Together, USDC, standardized cross-chain settlement through CCTP, and direct ecosystem support position Morph as a settlement layer for real financial activity.

As stablecoins continue to underpin payments, treasury operations, and onchain commerce, Morph is building the execution environment at institutional scale.

Money at the speed of life.

About Morph

Morph is an Ethereum-based, payments-first settlement layer and the native on-chain home of BGB, focused on building the foundation for global consumer finance on-chain. Morph supports real-world financial activity across payments, savings, identity, and rewards, enabling scalable, on-chain settlement for consumer and business use. Guided by the Morph Foundation, the network connects more than 120 million users through the Bitget and Bitget Wallet ecosystems.

Contact

PR team
drew.azarias@morphl2.io

Related Questions

QWhat are the two main components that are being launched on Morph to advance settlement for payments?

AUSDC and the Circle Cross-Chain Transfer Protocol (CCTP) are being launched on Morph.

QHow does the Circle Cross-Chain Transfer Protocol (CCTP) work when transferring USDC to Morph?

ACCTP uses a burn-and-mint process; USDC is burned on the source chain and minted natively on Morph, preserving supply integrity and keeping the asset fully backed under the same reserve framework.

QAccording to the article, what are two specific payment use cases that will benefit from USDC and CCTP on Morph?

ATwo specific use cases are Crypto Cards/Neobanks, which can settle balances in USDC and enable users to fund accounts from other chains, and Cross-Border Remittance platforms, which benefit from transparent, stablecoin-based settlement with near-instant cross-chain transfers.

QWhat initiative has Morph launched to support teams building payment flows on-chain, and what is its value?

AMorph has launched the $150 million Payment Accelerator, which provides funding, technical support, and access to payment partners and institutional onramps.

QWhat is the role of Circle's regulated affiliates in relation to USDC on the Morph network?

ACircle's regulated affiliates will be responsible for issuing USDC on Morph, establishing it as a canonical settlement asset across the network.

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