Injective Adds Jumper Route for USD Coin (USDC) as Transactions Top Three Billion

Injective opened a route for USD Coin (USDC) through LI.FI and Jumper on Oct. 16, giving users another way to transfer the stablecoin to its network through Circle’s Cross-Chain Transfer Protocol (CCTP). The route was live by 12:28 a.m. ET (4:28 a.m. UTC) on Oct. 16.

Native USDC and CCTP had been live on Injective’s mainnet since May 7. At that launch, transfers were supported across more than 20 blockchains. CCTP transfers USDC by burning it on the source chain and minting it on the destination chain.

LI.FI added Injective support across its API, SDK, Widget and Intents products on Aug. 4; Jumper access was still forthcoming at that point.

Cumulative transactions on Injective’s network had exceeded three billion by Oct. 16, including more than 46 million in the previous 30 days. The total counts network transactions, not distinct users, and does not show the dollar value transferred.

Crypto Patel reiterated long-term targets of $80 and $200 for Injective (INJ). “My long-term targets remain unchanged: $80 → $200,” Patel wrote. He also cited $5.908 as a level in his market view.