USDC Stablecoin Expands to Injective Protocol: Key Insights

Circle Expands USDC For DeFi, Launches On Injective

Circle's USDC stablecoin is expanding to new networks as it launches on Injective to support broader stablecoin liquidity across DeFi.

Ron Kotli

Published: May 7, 2026

1 Min Read

Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.

Circle adds USDC stablecoin to Injective protocol.

The stablecoin issuer is expanding its USDC stablecoin to the Injective protocol and integrating CCTP for bridging balances. With around $78M in market cap, USDC is continuing to add new networks for DeFi trading.

USDC and CCTP are now live on @injective!

Traders, market makers, and developers on Injective can now access the world’s largest regulated stablecoin for a variety of use cases:

→ DeFi trading: Power permissionless spot and perpetuals trading with CEX-like performance.

→… pic.twitter.com/p2ck6W9IEM
— Circle (@circle) May 7, 2026

Injective has around $16M in total stablecoins TVL (Total Value Locked), with the majority of the existing share currently being held by Tether’s USDT stablecoin (per DefiLlama).

With recent security breaches and broader capital movements happening from DeFi to TradFi, there is a continued effort for stablecoin issuers to maintain interoperability with different Layer 1 protocols and support diversified stablecoin liquidity.

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