Injective plans to integrate Circle's cross-chain transfer protocol to enable native issuance of USDC and direct transfers between blockchains, thereby eliminating the need for bridges or wrapped assets. This move comes as USDC supply approaches $80 billion, with recent research from Mizuho Bank indicating that USDC leads in adjusted transfer volume for actual economic activity, despite Tether's USDT remaining the largest stablecoin by market cap at approximately $184 billion.