Circle Introduces USDCKit, an SDK to Simplify USDC Payment Integration
Date: 2025-03-28 Author: Henry Casey Categories: BUSINESS
Circle announced the launch of USDCKit, a software tool designed to simplify the integration of payments in the USDC stablecoin. This was stated in a post on the company's official blog on March 27.
Amid the instability of the crypto market, interest in stablecoins continues to grow. These digital assets pegged to the US dollar have gained trust in both the Web3 sector and traditional financial circles. However, technical difficulties and compliance requirements still prevent many companies from implementing such solutions.
USDCKit aims to solve these problems. The platform provides automated payment processing, large-scale transfers of funds, and built-in tools for regulatory compliance. The developers believe that payment providers and money transfer platforms will benefit the most from the new product, but any company that works with large volumes of USDC transactions will be able to use it.
One of the key features of USDCKit is support for multi-chain infrastructure. The solution is compatible with blockchains such as Ethereum, Solana, and Avalanche, which allows for flexible movement of USDC between different networks.
In parallel with the launch of the SDK, on March 27, it became known about a new partnership between Circle and Intercontinental Exchange, the owner of the New York Stock Exchange. The parties are considering the possibility of integrating USDC and the tokenized money market fund USYC into the traditional financial system.
Circle is actively expanding the presence of USDC at the international level. Thus, on March 26, a subsidiary of the Japanese financial giant SBI Holdings — SBI VC Trade — received permission from the regulator and launched full-scale USDC trading in Japan.
In the Philippines, the largest digital wallet GCash has added USDC support to meet the needs of the domestic remittance market, which is estimated to be worth $65 billion annually. Additionally, the Dubai Free Zone has approved Circle’s USDC and EURC stablecoins for the first time.
According to DefiLlama, $2.67 billion worth of new USDC tokens have been issued in the last month, bringing the stablecoin’s market cap to nearly $60 billion. While Tether still holds the lead with a 61.93% market share, Circle continues to strengthen its position through strategic alliances, regulatory advancements, and technological innovations like USDCKit.
