A significant event in the crypto market recently saw the burning of 318 million USDC, a popular stablecoin pegged to the US dollar. This major burn, reported by […]
401 Million USDC Minting Signals Growing Stablecoin Demand, Market Shifts
A recent report from Whale Alert has captured attention in the crypto community: a significant USDC mint of 401 million tokens. This substantial increase in stablecoin supply signifies […]
Coinbase & Squads Boost USDC Adoption on Solana Blockchain
Coinbase is partnering with Squads to accelerate the use of USDC on the Solana blockchain. This collaboration aims to expand USDC adoption across the Solana ecosystem, leveraging the […]
USDC Minting Surpasses $250 Million: Analysis of Market Impact
A significant surge in USDC, a widely used stablecoin pegged to the U.S. dollar, has been recorded with a substantial mint exceeding $250 million. This major transaction signifies […]
Coinbase Reinvests in USDC Stability for DeFi Growth
Coinbase is relaunching its Stablecoin Bootstrap Fund, aimed at bolstering liquidity for USD Coin (USDC) across both established and emerging decentralized finance (DeFi) protocols. The fund, dormant since […]
Circle’s Strategic Moves Aim for Stablecoin Market Leadership
Bernstein analyst report forecasts Circle will lead the stablecoin market due to strong liquidity, regulatory advantages, and robust payment infrastructure. A target price of $230 points to a […]
Major Institutional Move: $235M USDC Deposit Sparks Market Buzz
A massive transfer of USDC worth $235 million has been recorded, with the funds moving from an unknown wallet to Ceffu, a prominent institutional digital asset platform. This […]
Circle Unveils Arc Blockchain for Enterprise-Level Stablecoin Payments
Circle has announced the launch of Arc, its new EVM-compatible Layer-1 blockchain, specifically designed for enterprise-grade stablecoin payments and capital markets integration. The platform aims to improve cross-border […]
Massive USDC Minting on Algorand Network – Whale Alert Reports
A significant minting event of USDC has been observed on the Algorand network, as reported by Whale Alert. On August 28th at 17:06 UTC+8, an unidentified wallet minted […]
Circle Q2 Earnings: $61.3B USDC in Circulation Despite Large Loss
Circle Internet Group (NYSE: CRCL) reported strong second quarter revenue growth, but a sizable net loss in the period was attributed to one-time IPO costs. USDC circulation soared […]
Circle Reports IPO-Linked Loss, Sees USDC Market Share Surge
Circle Internet Group, the issuer of USD Coin (USDC), released its first public earnings report since going public in June. The company reported $658 million in Q2 revenue, […]
Circle Unveils Arc Blockchain: USDC as Native Token for Enhanced Stability
Circle has launched Arc, a new blockchain platform designed for robust stablecoin infrastructure. The blockchain utilizes Ethereum Virtual Machine (EVM) compatibility and integrates the popular USDC stablecoin as […]
Coinbase Launches Second Stablecoin Fund to Boost Liquidity Across Blockchain Networks
Coinbase has launched a new initiative called the ‘Second Stablecoin Bootstrap Fund’ designed to increase USDC liquidity across various blockchain networks. This follows Coinbase’s successful 2019 fund which […]
Coinbase Launches Stablecoin Boost Fund to Enhance USDC Liquidity in DeFi
Coinbase has revived its Stablecoin Bootstrap Fund, first introduced in 2019, to boost the liquidity of USDC in various decentralized finance (DeFi) protocols. This fund will initially provide […]
Circle’s USDC Surpasses $65 Billion in Circulation, Driving Stablecoin Growth
Circle’s USD Coin (USDC) has reached a significant milestone, surpassing $65 billion in circulation as stablecoin adoption continues to surge. This increase is attributed to both consumer and […]