Injective Integrates Native USDC Transactions

Injective announces USDC and CCTP support, enhancing cross-chain transactions.

The Layer 1 blockchain platform Injective has announced support for the stablecoin USDC and Circle’s Cross-Chain Transfer Protocol (CCTP).

USDC and CCTP, powered by @circle, are officially coming to Injective.

The world’s largest regulated stablecoin. Secure crosschain transfers. All natively integrated into the fastest blockchain built for finance.

Mainnet loading. ⏳ pic.twitter.com/WbQimtO7qF

— Injective 🥷 (@injective) March 17, 2026

The project team emphasized that “stablecoins” have evolved beyond a crypto experiment into a global payment infrastructure.

“In 2025, the volume of stablecoin transactions reached $33 trillion, a 72% increase over the previous year. USDC led with a processed flow of $18.3 trillion. This is more than half of Visa’s annual transaction volume and five times that of PayPal,” the statement said.

Circle’s coin capitalization is nearly $80 billion, and its integration for Injective users means direct access to this liquidity.

CCTP, as the native cross-chain infrastructure of the USDC issuer, will provide users and developers the ability to:

• seamlessly move the stablecoin between supported networks;
• conduct transfers with near-instant finality;
• create applications for cross-network registration, trading, and native liquidity management.

Injective uses the MultiVM token standard for USDC, fully available in Wasm and EVM execution environments. This means no bridges, “wrappers,” or fragmentation, the developers emphasized.

The native stablecoin will be launched in phases on the mainnet. At the time of writing, USDC operations are available in the testnet.

Bug Hunter Accuses Injective of Greed

A user of the Immunefi bounty platform, known as f4lc0n, claimed that the blockchain team is attempting to drastically underpay him for discovering a critical vulnerability in the code.

I Saved Injective’s $500M. They Pay Me $50K.

I like hunting bugs on @immunefi . I’m decent at it.

— #1 — Attackathon | Stacks
— #2 — Attackathon | Stacks II
— #1 — Attackathon | XRPL Lending Protocol
— 1 Critical and 1 High from bug bounties (not counting this one)

Life was…

— f4lc0n (@al_f4lc0n) March 15, 2026

The “white hat hacker” uploaded a report on GitHub, titling the README file in the repository:

“I saved Injective $500 million. They will pay me $50,000.”

According to f4lc0n, the issue he identified in the subaccount verification system potentially allowed attackers to place market orders on behalf of users. The vulnerability opened the possibility to create a new token, establish a spot market with USDT, purchase assets on behalf of other traders, and withdraw funds to Ethereum. All these actions required no permission.

The programmer believes the vulnerability endangered all capital stored on the blockchain—$500 million at the time. According to Arkham, the current figure is slightly over $285 million, with nearly $269 million in the native token INJ.

On the Injective page on Immunefi, the reward for a critical vulnerability is listed as $500,000. In f4lc0n’s view, the issue he discovered falls into this category. The programmer noted that after his report, the blockchain platform conducted a governance vote and updated the network.

The “white hat hacker” stated that the team did not respond to his inquiries for three months and then offered a sum ten times smaller.

“For clarity, they haven’t paid the $50,000 either,” he added.

In February, losses from hacker attacks in the crypto industry amounted to $26.5 million—the lowest figure since March 2025, as noted by PeckShield.