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Latest news on Avalanche Bridged USDC (Avalanche) (USDC) now

Circle Files Application for National Trust Bank Charter with OCC

Circle (CRCL) has applied for a national trust charter with the Office of the Comptroller of the Currency (OCC). This move aims to establish First...
CoinDesk · 9h ago

JPMorgan Initiates Coverage of Circle with Underweight Rating and $80 Target

JPMorgan (JPM) began coverage of stablecoin issuer Circle (CRCL) with an underweight rating and a price target of $80. Despite this, shares rose by...
CoinDesk · 16h ago

Coinbase Shares Surge 43% in June, Leading S&P 500 Performance

Shares of Nasdaq-listed cryptocurrency exchange Coinbase (COIN) increased by 43% in June, making it the best performer in the S&P 500 since...
CoinDesk · 3d ago

Stablecoins Handle $35 Trillion in Transactions Amid Regulatory Uncertainty

Stablecoins processed $35 trillion in on-chain transactions over the past year, with an average supply around $195 billion. These figures highlight...
NewsBTC · 3d ago

Anchorage Digital to Phase Out USDC and Agora USD Over Risks

Anchorage Digital, a crypto custodian and federally chartered bank, plans to phase out support for USDC and other stablecoins, directing...
CoinDesk · 3d ago

Stablecoins Surge as Circle Hits $77 Billion Valuation

Stablecoin assets are experiencing significant growth, driven by the potential passage of the GENIUS Act and new initiatives from various...
CoinDesk · 4d ago

Polymarket Seeks $1 Billion Valuation Amid Surge in Stablecoin Demand

Polymarket is pursuing a $1 billion valuation in a funding round led by Founders Fund. Key points from Coinbase analysts' report include: All...
CoinDesk · 4d ago

Bolt Introduces Stablecoin Payments to Enhance Cross-Border Commerce

Bolt, a San Francisco-based payments platform, has introduced support for stablecoin payments to enhance cross-border commerce for its merchants....
CoinDesk · 4d ago

Circle Stock Surges 500% in June Amid South Korean Investor Frenzy

Circle (CRCL) has emerged as the leading stock in South Korea, attracting nearly $450 million from retail traders since its debut on June 5. Key...
CoinDesk · 4d ago

TRUMP Token Drops Nearly 90% as Team Withdraws $4.4 Million in Liquidity

The meme token related to US President Donald Trump has decreased nearly 90% from its peak six months ago, currently trading at $8.80, a 6% decline...
NewsBTC · 4d ago

Asia's Banks Adopt Stablecoins to Combat Deposit Flight

Market Overview Stablecoins are reshaping cross-border finance in Asia, with banks in Korea, Japan, and Hong Kong exploring local-currency...
CoinDesk · 4d ago

Coinbase Stock Reaches Highest Price Since April 2021 Listing

Coinbase (COIN) shares reached their highest level since its April 2021 Nasdaq debut, closing up 5.5% at $382 after previously dropping over 90%...
CoinDesk · 4d ago

Crypto IPOs Surge as Market Sees Major Public Listings

The recent surge in cryptocurrency IPOs is reshaping market dynamics, with three major offerings since January: eToro Group Ltd. raised $619...
CoinDesk · 5d ago

Coinbase Stock Hits Yearly High After Bernstein Raises Price Target to $510

Coinbase (COIN) shares hit a yearly high after Bernstein analysts increased their price target from $310 to $510, citing stronger earnings...
Coinspeaker · 5d ago

FATF Reports Stablecoins Account for Majority of Illicit On-Chain Activity

Stablecoins now represent the majority of illicit on-chain activity, as reported by the Financial Action Task Force (FATF). Mass adoption of...
CoinDesk · 5d ago

Taurus Launches Zero-Knowledge Proof Privacy Layer for Stablecoins

Taurus, a Swiss crypto custody firm serving clients like Deutsche Bank, is introducing a zero-knowledge proofs (ZKP) privacy layer for stablecoins,...
CoinDesk · 5d ago

Tokenization of Financial Assets Advances with Stablecoins and Private Funds

Tokenization of financial assets is gaining momentum, marking a pivotal shift in the crypto landscape. Stablecoins as Pioneers Stablecoins have...
CoinDesk · 5d ago

Taurus Launches First Private Stablecoin Contract for Financial Institutions

Taurus has launched the first private stablecoin contract aimed at financial institutions and businesses concerned about privacy. Key points...
CoinDesk · 5d ago

Rain and Toku Launch Stablecoin Payroll System for Global Employers

Rain has partnered with Toku to introduce a real-time stablecoin payroll system for global employers. Key features of the service include: Instant...
CoinDesk · 5d ago

Stablecoin Market Cap Reaches $250 Billion, Dominated by Tether

Stablecoin issuance has increased significantly over the past 90 days, with billions flowing in weekly. Investors are awaiting clear signals before...
NewsBTC · 5d ago

Binance Adds Newton Protocol (NEWT) Following Token Airdrop Announcement

Binance Integrates Newton Protocol Binance will support Newton Protocol across platforms including Binance Earn and Binance Futures. NEWT...
Coinspeaker · 6d ago

Bernstein Raises Coinbase Price Target to $510 Amid Strong Market Position

Wall Street broker Bernstein released a report on Coinbase (COIN), stating it is often misunderstood in the crypto market. Price target raised to...
CoinDesk · 6d ago

Stablecoins Represent 1% of U.S. Money Supply and Growing

U.S. dollar stablecoins have reached a significant milestone, now constituting about 1% of the U.S. money supply (M2). Their growth rate stands at...
CoinDesk · 6d ago

Circle Shares Decline 15% After Record High Amid BIS Stablecoin Concerns

Shares of Circle (CRCL), the stablecoin issuer, fell 15% on Tuesday after reaching a record high of $299, marking a total decline of about 25% from...
CoinDesk · 6d ago

Mastercard Expands Stablecoin Integrations with PayPal, Paxos, and Fiserv

Mastercard is enhancing its stablecoin integration through partnerships and product expansions aimed at incorporating regulated digital dollars into...
CoinDesk · 7d ago

Chainlink and Mastercard Enable Crypto Purchases for 3 Billion Cardholders

Chainlink and Mastercard have integrated their networks, allowing over three billion Mastercard holders to purchase cryptocurrencies directly...
CoinDesk · 7d ago

Circle Market Cap Reaches $64B Following 750% Stock Surge

Current market conditions reflect mixed sentiment amid geopolitical tensions. Bitcoin has traded sideways since its all-time high, while many top...
NewsBTC · 7d ago

Ark Invest Sells $109.6 Million in Circle Shares, Acquires Coinbase and Robinhood

Ark Invest has sold 415,855 shares of Circle for $109.6 million after the company's recent IPO. Key actions include: Selling 609,175 shares of...
CoinDesk · 1w ago

Circle Shares Rise 750% Post-IPO, Market Cap Reaches $60 Billion

Circle's shares (CRCL) reached a record high on Monday, climbing 22% to nearly $299 before closing at approximately $263, a 9% increase for the day....
CoinDesk · 1w ago

Stablecoins Drive Potential Revolution in U.S. Monetary Finance

The financial landscape may undergo a significant change with the rise of "narrow banking" built on stablecoins, which could reshape global finance,...
CoinDesk · 1w ago