A potential shake-up in the crypto world has emerged as a former Coinbase executive proposes that they acquire Circle, the issuer of the second largest stablecoin, USDC. This […]
USDC Circulation Plummets by $200 Million This Week: What Does It Mean?
A notable drop in USDC circulation of $200 million was observed over the past week, according to blockchain and exchange data, providing insights into current market trends. No […]
Stablecoin Market Cap Exceeds $250 Billion, USDT Remains Dominant
Data from Coingecko indicates that the total market capitalization of stablecoins has surged past $250 billion, with a 24-hour trading volume reaching $61.2 billion. USDT (Tether) takes the […]
USDC Circulation Declines Slightly Amid Issuance and Redemption
Recent data from PANews indicates that Circle’s issuance and redemption of USDC resulted in a net decrease of approximately 200 million in circulation. Over the seven days preceding […]
USDC Circulation Decreases as Issuance and Redemption Activity Modulates
Recent data from PANews reveals that Circle’s issuance and redemption activity in the past week has led to a slight decrease in USDC circulation. Approximately 3 billion USDC […]
Circle Mints 250 Million USDC on Solana Network: Boosting Stability and DeFi Growth
Circle’s USDC Treasury has just minted 250 million USDC on the Solana blockchain, a move that significantly boosts liquidity for the network. This action is part of Circle’s […]
USDC Treasury Minted $250 Million on Solana
The USDC Treasury has just taken action, minting a significant sum of 250 million USDC tokens on the Solana blockchain. This announcement was made public by PANews, citing […]
Circle Freezes $57 Million in USDC Tied to Controversial Libra Memecoin Lawsuit
Crypto exchange Circle has frozen over $57 million worth of USDC associated with wallets linked to the controversial Libra memecoin, now at the center of a legal dispute. […]
Circle Freezes $58 Million in USDC as Legal Action Follows Memecoin Scandal
A major legal action has resulted in Circle freezing approximately $58 million in USDC funds linked to the now infamous Libra memecoin scandal. The freezing order, issued by […]
Circle Freezes $58 Million in USDC Tied to Controversial Libra Meme Coin
Circle has taken a decisive step, freezing nearly $58 million in USDC linked to the controversial Libra meme coin on Solana. This action follows a federal court order […]
BlackRock Invests in Circle: Boosting Institutional Confidence for USDC
BlackRock, the world’s leading asset manager, has secured a 10% stake in Circle, the company behind the USD Coin (USDC) stablecoin. This strategic investment positions Circle for success […]
BlackRock Invests in Circle’s IPO: A Sign of Growing Institutional Trust in Crypto
BlackRock’s $62.4 million investment in Circle’s upcoming IPO signals a substantial interest in the stablecoin market, and highlights increasing involvement from institutional players in cryptocurrency. This move indicates […]
Circle Freezes $57M USDC Transfer on Solana, Spark Centralized Control Debate
Circle has taken a decisive action by freezing a significant $57 million USDC transfer on the Solana network. This move is attributed to entities potentially linked to the […]
Circle Freezes $57 Million USDC Transfer, Raising Concerns About Centralized Control
Circle has taken action by freezing a massive $57 million transfer of USDC on the Solana network, raising questions about its control over stablecoins and their impact on […]
Circle Freezes $57.6 Million in USDC Tied to Libra Memecoin Controversy
Circle has taken action against a major cryptocurrency stablecoin, freezing nearly $57.6 million of USDC funds linked to the controversial Libra memecoin project. The frozen funds were reportedly […]