Latest News and Articles about USDC
Circle Mints 250M USDC on Solana, Aims for 6B by 2025 Amid Regulatory Scrutiny
Circle Boosts USDC Supply on Solana, Aims for 6 Billion by 2025 Circle has minted an additional 250 million USDC on the Solana blockchain, pushing the total supply towards a projected 6 billion by 2025. This expansion showcases the synergy between stablecoins and the fast, efficient Solana network, promising to bolster the platform’s DeFi ecosystem […]
Read MoreBots Drive 70% of Stablecoin Transactions in 2024, Reshaping Crypto Market Dynamics
Bots Dominate 70% of Stablecoin Transactions in 2024, Reshaping the Crypto Market In 2024, automated trading bots drove 70% of stablecoin transactions, significantly influencing the market. USDC emerged as the leader in bot-driven transactions, while Coinbase’s Base network overtook Ethereum in transaction volume during the fourth quarter. 70% of stablecoin volume driven by bots USDC […]
Read MoreCrypto.com Delists Tether by 2025 Due to EU’s MiCA Regulations
Crypto.com Delists Tether: Navigating the EU’s Regulatory Storm Crypto.com’s decision to delist Tether (USDT) by January 31, 2025, marks a significant shift in the crypto world, driven by the EU’s stringent Markets in Crypto-Assets (MiCA) regulations. Crypto.com delisting Tether (USDT) by January 31, 2025 EU’s MiCA regulations demand compliance USDT’s non-compliance raises concerns Shift towards […]
Read MoreCircle Mints 2.5B USDC on Solana, Targets 50B by 2025 Amid Stablecoin Growth
Circle Expands USDC on Solana: Targets 50 Billion by 2025 Amid Stablecoin Surge In a strategic move that could redefine the stablecoin landscape, Circle has minted an additional 2.5 billion USDC on the Solana blockchain, setting its sights on a total of 50 billion USDC by 2025. This development not only showcases Solana’s increasing significance […]
Read MoreCircle Paymaster: Pay Gas Fees with USDC on Arbitrum and Base, Expansion Planned
Circle’s Paymaster: Revolutionizing Gas Fees with USDC on Layer-2 Networks Circle, the powerhouse behind the USDC stablecoin, has launched Circle Paymaster, enabling users on the Arbitrum and Base layer-2 networks to pay gas fees using USDC instead of Ethereum (ETH). This move addresses the common issue of needing to hold native tokens for transaction fees, […]
Read MoreTrump’s BTC Reserve Stalls as $TRUMP Memecoin Tanks and Pardon Pleas Rise
Trump Day 3: No BTC Reserve, but Crypto Pardon Begging Abounds As Donald Trump’s second term progresses, Bitcoin enthusiasts are left hanging on the promise of a “strategic BTC reserve,” while the crypto world buzzes with $TRUMP memecoin drama, pardon requests, and a notable rise in USDC. No progress on Trump’s BTC reserve $TRUMP memecoin […]
Read MorePolymarket Hits $10B in Bets, Boosts Polygon’s USDC and Transaction Volume
Polymarket Surges Past $10B in Prediction Market Volume, Boosts Polygon’s USDC Usage Polymarket hits $10B in prediction positions Polygon sees surge in daily transactions USDC usage on Polygon boosted Questions arise over POL token’s revival Polymarket, a decentralized prediction market platform, has recently crossed a significant threshold, surpassing $10 billion in total bets. This milestone […]
Read MoreCoinbase Reintroduces Bitcoin-Backed Loans in U.S., Up to $100K in USDC
Coinbase Reintroduces Bitcoin-Backed Loans in the U.S., Tapping Into Growing Market Coinbase has relaunched its Bitcoin-backed loan service in the U.S., allowing users to borrow up to $100,000 in USDC using their Bitcoin as collateral. This move signifies a comeback from regulatory challenges in 2023 and positions Coinbase as a leader in the expanding Bitcoin […]
Read MoreSwiss AMINA Bank Waives USDC Custody Fees, Targets Stablecoin Growth in 2025
Swiss AMINA Bank Eliminates Custody Fees for USDC, Eyes Stablecoin Growth Swiss AMINA Bank is making waves in the crypto world by waiving custody fees for USDC holders, aiming to boost stablecoin adoption and offer rewards. This bold move positions the bank as a leader in the stablecoin market, with plans to include EURC and […]
Read MoreDonald Trump Jr. Joins Kalshi as Advisor, Ushering in Prediction Market Revolution
Donald Trump Jr. Joins Kalshi as Strategic Advisor, Signals New Era for Prediction Markets Donald Trump Jr.’s recent appointment as a strategic advisor to Kalshi marks a significant moment for the prediction market platform, blending traditional finance with decentralized finance (DeFi). Trump Jr. joins Kalshi as strategic advisor. Kalshi wins legal battle against CFTC, allowing […]
Read MoreCircle’s $1M USDC Donation to Trump’s 2025 Inauguration Signals Crypto’s Political Rise
Circle’s $1M USDC Donation Marks Crypto’s Bold Entry into Trump’s 2025 Inauguration Circle, a leading cryptocurrency firm, has made a bold move by donating $1 million in USDC to Donald Trump’s 2025 presidential inauguration, showcasing the growing acceptance of digital currencies in mainstream political events and underscoring the crypto industry’s significant financial influence in U.S. […]
Read MoreUSDC Mints $149M on Ethereum in Hours, Signaling Strong Demand
USDC Treasury Mints Over $149 Million in New USDC on Ethereum in Just Hours – $149 million USDC minted on Ethereum – Minting completed in just hours – USDC, a stablecoin, is managed by Circle In a swift operation, the USDC treasury minted over $149 million worth of new USD Coin (USDC) on the Ethereum […]
Read MorePolymarket Rebounds on Polygon: Sports Betting Drives $543M Surge After Election Slump
Polymarket’s Comeback: Sports Betting Fuels Growth in Decentralized Prediction Markets on Polygon Polymarket has made a significant recovery after a post-U.S. election slump, driven primarily by a surge in sports betting. This resurgence has not only revitalized the platform but also significantly impacted the Polygon network. Polymarket rebounds with a focus on sports betting. Platform […]
Read MoreCircle Mints $274M USDC on Ethereum: Boosts Liquidity, Raises Risks
Circle’s USDC Mints Over $274 Million on Ethereum: Impacts on Market Stability and Liquidity Circle’s USDC treasury recently unleashed over $274 million onto the Ethereum blockchain, a bold move signaling a robust demand for this stablecoin amidst a sea of regulatory hurdles and economic uncertainties. This surge in USDC supply could be the beacon of […]
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