Tag: USDC

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Polymarket Unveils Collateral Token to Replace Bridged USDC

Polymarket USD replaces bridged USDC as part of an exchange-wide upgrade.Polymarket on Monday unveiled Polymarket USD, a proprietary collateral token backed 1:1 by USDC...

USDC Deposits Spike To $778M—Largest Since Bitcoin ATH

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Exchange Inflow indicator has shot up for USDC,...

Circle and Sasai Fintech Collaborate to Expand Access to USDC Across Africa

Circle Internet Group, Inc., the company behind the widely adopted US Dollar Coin (USDC), has entered into a new strategic collaboration with Sasai Fintech,...

USDC Stablecoin Issuer Circle Unveils New Token to Give Bitcoin More Utility

In brief Circle is launching cirBTC, a wrapped Bitcoin alternative designed to unlock Bitcoin utility for institutions and investors. The token will first launch on Ethereum...

Drift Says Nonce Attack Drove Exploit as Circle Faces USDC Scrutiny

Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated...

Citi says stablecoin rewards restrictions could slow Circle’s USDC, not stop it

Wall Street bank Citi says proposed limits on stablecoin rewards in the latest draft of U.S. market structure legislation would be a setback for...

SBI VC Trade Launches Japan’s First Licensed USDC Lending Service

SBI VC Trade has become the first licensed exchange in Japan to launch a USDC lending service, offering an introductory 10% annual yield. SBI...

Stablecoin Transaction Volume Hits a New Record High as USDC Surpasses USDT

Stablecoins have hit an all-time high in monthly transaction volume, as Circle’s USDC (USDC) flipped Tether’s USDt (USDT), new data shows.Key takeaways:Stablecoin monthly transaction...

Bitget’s Layer-2 Network Morph Sharpens Payments Focus with USDC and CCTP Integration

As stablecoins continue to solidify their position as a foundational layer for global financial settlement, Ethereum layer-2 network Morph has entered into a strategic...

Report Finds USDC Transfer Growth on Base Fueled by LP Rebalancing

A new analysis from Coin Metrics, authored by Senior Research Associate Tanay Ved, finds that January’s record $8 trillion in adjusted stablecoin transfer volume...

Rebuilding Global Payments with Stablecoins | Circle & USDC with Nikhil Chandhok

Stablecoins have quietly become the most successful use case in crypto.