Circle & OKX to Boost USDC Liquidity and Multi-Chain Access

Published: 2025-07-09 22:30:06 |

Circle and OKX have formed a global partnership to enhance USDC liquidity and expand multi-chain access for over 60 million users. OKX will integrate native USDC support across its trading platform, wallet, and API services. The collaboration uses Circle’s Cross-Chain Transfer Protocol to enable faster, low-slippage USDC transfers on Ethereum, Solana, Avalanche, and Polygon. This stablecoin integration deepens order-book liquidity and broadens on-ramp and off-ramp options. It also optimizes the spot, margin, and derivatives trading environment and streamlines peer-to-peer transfers, multi-chain settlements, and institutional treasury functions. By reinforcing USDC’s regulatory-compliant edge, the deal aims to accelerate both retail and institutional adoption, driving higher trading volumes and wider stablecoin use on OKX.

Bullish

This partnership is likely bullish for USDC. In the short term, native support and deeper liquidity on OKX will increase USDC trading volumes and tighten spreads. Faster, low-slippage transfers across Ethereum, Solana, Avalanche, and Polygon enhance user experience and attract more retail and institutional traders. Over the long term, strengthened cross-chain infrastructure and broader on-off ramp options will reinforce USDC’s market position and regulatory appeal, supporting sustained growth in stablecoin adoption and trading activity.