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Injective Expands Stablecoin Access with New USDC Transfer Route

Injective integrates a new USDC Cross-Chain Transfer Protocol route, boosting stablecoin interoperability across its ecosystem.

Injective integrates a new USDC Cross-Chain Transfer Protocol route, boosting stablecoin interoperability across its ecosystem. USDC (USDC) is trading at ₹95.09 ($0.9998). This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Sat, 17 Oct 2026 01:00:01 UTC.

Why it matters

The new USDC transfer route enhances liquidity and interoperability within the Injective ecosystem, potentially attracting more users and developers by simplifying stablecoin transactions. This development comes as the platform's native token, INJ, experiences significant price momentum.

Key takeaways
  • Injective adds new USDC transfer route via LI.FI and Jumper.
  • Network surpasses 3 billion cumulative transactions.
  • INJ price up 24.74% over past week, currently at $8.67.

Injective has introduced a new USDC Cross-Chain Transfer Protocol route, utilizing infrastructure from LI.FI and Jumper to enhance stablecoin interoperability within its ecosystem. This integration aims to streamline USDC transactions and improve liquidity across the platform.

The development comes as Injective's network achieves a significant milestone of over 3 billion cumulative transactions, underscoring its expanding user base and transaction volume.

The native token of the Injective platform, INJ, has seen substantial price growth, with a 24.74% increase over the past week, currently trading at $8.67. This rally follows analyst Crypto Patel's prediction of long-term targets of $80 and $200, though the timeframe for these projections remains unspecified.

The broader crypto market remains relatively stable, with a total market cap of $2.81 trillion. Bitcoin is slightly down by 0.66% in the last 24 hours, while the Fear & Greed Index stands at 63, indicating a sentiment of 'Greed' among investors.

USDC, the stablecoin at the center of this integration, has a circulating supply of $72.56 billion and is currently priced at $0.999798, showing minimal movement over the past week.

Market reaction since this brief Live

Since this brief published about 3 hours ago, USDC (USDC) has moved from ₹95.09$0.9998 to ₹95.09$0.9998 — +0.00%.

$1$1$1$1$1 published · $1 now · $1 (+0.00%) Oct 16 22:16 UTC Oct 17 01:00 UTC
BeforeSince publishPublished · ₹95.09$0.9998
CoinAt publishNowSince publish
USDC₹95.09$0.9998₹95.09$0.9998+0.00%
INJ₹824.62$8.67₹826.52$8.69+0.23%

The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 USDC ≈ ₹103.5 (about $0.9998), up 0.0% over 24 hours. The rupee itself trades about 8.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USDC
#6
₹95.09$0.9998 ▲ 0.02%
7d +0.03%MCap ₹6.91TFull USDC data →
#85
₹826.52$8.69 ▲ 1.51%
+0.23% since this brief published
7d +25.95%MCap ₹82.65BFull INJ data →
The market when this published · October 16, 2026
Total market cap₹267.38T
Bitcoin 24h-0.66%
Ethereum 24h-1.00%
BTC dominance58.4%
Fear & Greed63 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 16, 2026.

USDC circulating supply$72.74BDeFiLlama ↗
SectorCross-chain bridges$10.72Bacross 30 protocolsDeFiLlama ↗
Bitcoin DeFi TVL$4.37BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Injective Expands Stablecoin Access with New USDC Transfer R — questions & answers

What is the purpose of the new USDC transfer route?

The new USDC transfer route aims to improve liquidity and simplify stablecoin transactions within the Injective ecosystem.

How has INJ's price performed recently?

INJ has surged 24.74% over the past week, currently trading at $8.67.

What is the current circulating supply of USDC?

USDC has a circulating supply of $72.56 billion.

How much is 1 USDC worth in rupee today?

About ₹103.5 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9998. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 16, 2026 ⛓ Timestamped at Bitcoin block #971,777 sha256:3b777df105c1c72f
Based on reporting by TronWeekly — this is an original Token Times summary with live market data, not the original article.TronWeekly · Oct 16 22:16 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.