Coinbase has announced plans to acquire the stablecoin platform BVNK in a deal worth $2 billion. This move will significantly expand Coinbase’s presence in digital payments and further […]
USDC Circulation Drops by $600 Million in Late October
Circle’s official website reveals that USDC issuance saw a slight decline in the week ending October 30th, totaling approximately 5.1 billion coins. This was accompanied by redemptions reaching […]
250 Million USDC Minted: Signals a Major Shift in Crypto Markets
Cryptocurrency markets are constantly evolving, and recent activity from Whale Alert has captured attention. A significant new development is the minting of 250 million USDC tokens, indicating potential […]
Massive USDC Minting Sparks Market Activity
A recent surge in USDC issuance, totaling 250 million units, has sent ripples through the crypto market, signaling growing demand for stablecoins and their role in DeFi.
New York Court Extends Freeze on Stolen USDC in Multichain Hack
A New York court has extended the freeze on $63 million stolen from the Multichain hack, following a request by Singapore-appointed liquidators. This action highlights cross-border efforts to […]
USDC Burns Over 50 Million Tokens: Impact Minimal, Peg Remains Stable
Circle Internet Financial executed a substantial burn of over 50 million USDC tokens on Ethereum. This action was undertaken to maintain the stablecoin’s $1 peg and align with […]
Over 50 Million USDC Destroyed via Treasury Transaction
A recent transaction within the USDC (USD Coin) treasury has resulted in the destruction of over 50.24 million USDC, with an estimated value of approximately $50.23 million USD, […]
Judge Extends Freeze on Stolen USDC Wallets
A New York judge has extended the freeze on approximately $63 million in stolen USDC stablecoins, a decision that supports the claims of the liquidator from the defunct […]
Circle’s USDC Surpasses Tether in Market Capitalization, Driven by Regulatory Clarity
JPMorgan analysts have revealed that Circle’s USD Coin (USDC) has surpassed Tether’s USDT in market capitalization growth, citing regulatory advantages as a key factor. This surge is attributed […]
USDC Surge Challenges USDT’s Stablecoin Leadership
A new wave of competition is shaking up the stablecoin market, with USDC emerging as a serious contender to challenge the long-held dominance of USDT. JP Morgan recently […]
Stablecoin Market Cap Soars to $303 Billion: USDT & USDC Dominate
The U.S. dollar stablecoin market witnessed significant growth, reaching a staggering $303.5 billion in market capitalization according to Coingecko data from Odaily. This impressive jump represents a 50% […]
Stablecoin Market Cap Surges to $303.5 Billion
The stablecoin market has experienced significant growth, with its total market capitalization reaching a staggering $303.5 billion according to data from Coingecko. This represents a remarkable 50% increase […]
Stablecoin Market Cap Skyrockets to $303.5 Billion
The stablecoin market is experiencing a significant surge, reaching a new record high of $303.5 billion. This growth is largely fueled by Tether (USDT) and USDC, which dominate […]
Massive USDC Minting: A $250 Million Signal for Crypto Market Dynamics
A recent event in the cryptocurrency world has generated significant attention: a substantial issuance of USDC (USD Coin). 250 million new digital dollars have been minted, according to […]
USDC Treasury Mints 90 Million Tokens on Ethereum
The USDC (USD Coin) Treasury has recently taken action by minting 90 million USDC onto the Ethereum blockchain, according to BlockBeats and Whale Alert. This move sheds light […]