The USDC Treasury recently took action, burning a significant amount of USDC tokens. According to reports from Whale Alert, the transaction saw 5,000 USDC tokens burned on the […]
Binance Unveils New USDC Trading Options: Pairs & Algorithmic Tools
Binance is launching new USDC trading pairs and algorithmic tools, kicking off on April 8th at 08:00 UTC. The exchange will list VET/USDC and ZEN/USDC pairs on Binance […]
Binance Embraces USDC for Faster, Fee-Free User Transactions
Binance has made a strategic shift in its payment ecosystem by integrating USDC as the primary currency for new users. This decision aims to enhance user experience and […]
Binance Launches USDC as New Default Currency for Enhanced User Experience
Binance has made a strategic move by adopting the stablecoin USDC as its default currency for new users, aiming to simplify transactions and improve user experience. The platform […]
Circle Delays IPO Amidst Economic Uncertainty Caused by New U.S. Tariffs
The company behind the USDC stablecoin, Circle, may postpone its initial public offering (IPO) due to economic concerns arising from recently implemented new U.S. trade tariffs. The Wall […]
USDC Circulation Surges by 500 Million in Recent Week
Circle’s recent activity has boosted the circulation of USDC. According to PANews, they issued around $3.8 billion worth of USDC and redeemed approximately $3.3 billion during the week […]
Tether CEO Deflects Pressure to Go Public, Justifying Stablecoin Strength
The ongoing battle between USDT and USDC stablecoins continues to heat up, with Tether’s CEO Paolo Ardoino recently dismissing the need for public disclosure. Ardoino made this statement […]
Binance Pay Embraces USDC: Ease of Transactions and Faster Payments
Binance Pay users now automatically use USDC for all transactions, making sending and receiving money easier than ever before. This change benefits both individuals and businesses alike, simplifying […]
USDC Treasury Mints $250 Million on Solana
The USDC Treasury has recently initiated a 250 million USDC token minting process on the Solana blockchain, according to data tracked by Whale Alert. This move aligns with […]
Circle Minted $250 Million USDC on Solana Blockchain
Onchain Lens reports that Circle recently minted 250 million USDC on the Solana blockchain, a move which occurred just five hours ago. This latest issuance brings Circle’s total […]
USDC Treasury Destroys Major Portion of its Reserves
A recent report by Whale Alert highlights the USDC Treasury’s significant action. The platform revealed that the Treasury destroyed over 50 million USDC tokens, worth roughly $50.04 million, […]
Circle’s USDC Distribution Exceeds Revenue in IPO Filing
Circle revealed its 2023 financial performance in an IPO filing, highlighting a significant revenue gap between its business operations and its distribution partner, Coinbase. Despite co-launching USDC in […]
Crypto.com and Sony Team Up to Offer USDC Payments on Online Store
Crypto.com has partnered with Sony to enable direct USDC payments on its online store, bringing a significant step toward mainstream crypto adoption in retail. This move marks an […]
Circle’s IPO Reveals Dependency on Coinbase, High Distribution Costs
Circle’s upcoming Initial Public Offering (IPO) has shed light on the company’s financial dynamics, particularly its reliance on Coinbase for USDC stablecoin distribution. The S-1 filing reveals that […]
Circle Files For IPO, Aiming for $5 Billion Valuation in Financial Sector Push
Circle, the issuer of USDC, has officially filed for an initial public offering (IPO), aiming to list on the New York Stock Exchange under the ticker symbol CRCL. […]