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Latest news on USDC (USDC) now

$811 Million USDC Withdrawn from Centralized Exchanges in 24 Hours

The cryptocurrency market has seen a decline, with Bitcoin and major altcoins dropping from their highs. Key points include: Global market...

Kite Secures $18 Million to Enhance Stablecoin Transactions for AI Agents

EMB: Sept. 2, 12:30 UTC Kite, an artificial intelligence company, raised $18 million to enhance its platform for autonomous agents using...

Bunni Decentralized Exchange Hacked for $8.4 Million, Smart Contracts Paused

Bunni, a decentralized exchange on Unichain, experienced a hack on September 2, losing $8.4 million. Key points include: The breach involved $6...

Nobel Economist Highlights Risks of Stablecoin Collapse for Taxpayers

Stablecoins, like those from Tether and Circle, aim to maintain parity with traditional currencies such as the US dollar. They are supported...

Arthur Hayes Predicts 126x Upside Potential for Hyperliquid’s HYPE Token

Arthur Hayes, co-founder of BitMEX and now chief investment officer at Maelstrom, forecasts that Hyperliquid’s HYPE token could increase by...

XRP Price Declines Over 4.38% as Support at $3.00 Fails

XRP Price Decline XRP has decreased over 4.38%, trading at $2.86 after failing to maintain support at $3.00. Investor sentiment weakens as XRP...

Mo Secures $40 Million in Series B Funding Led by Polychain and Ribbit Capital

Stablecoin startup Mo has secured $40 million in Series B funding, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst,...

Lygos Finance Launches Non-Custodial Bitcoin Lending Platform

Lygos Finance has launched a non-custodial bitcoin (BTC)-backed lending platform, aiming to innovate the crypto credit market. Key details...

Ripple Integrates RLUSD Stablecoin into Aave Horizon RWA Platform

Ripple’s USD-pegged stablecoin RLUSD has been integrated into Aave's new Horizon Real World Asset (RWA) platform, aimed at enhancing on-chain...

YZY Token Launch Results in $8.2 Million Loss for Retail Traders

The launch of the YZY token, linked to Ye (formerly Kanye West), has resulted in significant losses for over 70,000 wallets. Key details include: ...

China Explores Yuan-Backed Stablecoins Amid U.S. Regulatory Developments

Key Market Developments China is focusing on stablecoins to counter U.S. dollar dominance, according to Dr. Vera Yuen from Hong Kong...

Finastra Integrates Circle's USDC for $5 Trillion Cross-Border Payments

Finastra, a financial technology provider, will integrate its payments hub with Circle's USDC stablecoin for cross-border transfers. Key points...

Aave Labs Launches Horizon Platform for Institutional Borrowers Using Tokenized Assets

Aave Labs has introduced Horizon, a platform for institutional borrowers to access stablecoins using tokenized real-world assets (RWAs) like U.S....

Tether Remains Largest Stablecoin Amid Rising Competition

The GENIUS Act has established a regulatory framework for stablecoins, attracting attention from both traditional and crypto firms. The...

Banks Warn Stablecoins Could Drain $6.6 Trillion from Deposits

Wall Street banking groups warn that stablecoins could drain up to $6.6 trillion from deposits, impacting banks' ability to fund loans. This may...

AAVE Surges 19% Amid Aptos Expansion and Powell's Dovish Remarks

AAVE rose nearly 19% to $355 in 24 hours, leading the top 40 cryptocurrencies by percentage gain. Factors influencing this surge include: Recent...

Haycen Receives Stablecoin Issuance License from Bermuda Monetary Authority

Haycen has obtained a stablecoin issuance license from the Bermuda Monetary Authority (BMA). This license allows Haycen to issue and manage 1:1...

ENA Price Rises 3% Amid Significant Exchange Reserve Withdrawals

Ethena (#ENA) has increased by 3% in the last day, trading at approximately $0.66 with a market cap of $4.38 billion, while the broader crypto...

EU Considers Accelerating Digital Euro Development Amid U.S. Stablecoin Law

European Union policymakers are accelerating discussions on the digital euro in response to the U.S. GENIUS Act, which regulates the $288 billion...

South Korea's Major Banks to Discuss Stablecoin Partnerships with Tether and Circle

South Korea's largest financial groups are set to meet with officials from Tether and Circle this week. Executives from Shinhan, Hana, KB...

Strategy (MSTR) Stock Falls 19% Amid Bearish Analyst Forecasts

Strategy's stock (MSTR) has declined nearly 20% since last month amid a broader market correction. Analyst Gus Galá from Monness, Crespi, Hardt...

Bitcoin Whale Sells $76M in BTC to Open $334M ETH Long Positions

An established Bitcoin whale has sold $76 million worth of BTC to open leveraged long positions on Ethereum, indicating a shift in capital from...

OCC Removes Compliance Order Against Anchorage Digital Bank

Anchorage Digital has successfully lifted a cease-and-desist order from the Office of the Comptroller of the Currency (OCC) concerning its...

Aave Launches on Aptos Marking Its First Non-EVM Deployment

Aave, the largest decentralized lending provider, has launched on Aptos, marking its first deployment on a non-EVM blockchain. This expansion...

Stablecoin Market Projected to Reach $1.2 Trillion by 2028

Stablecoins are projected to reach a $1.2 trillion market by 2028, increasing from the current size of $270 billion, according to a report by...

Bank of America Reports Stablecoins and Tokenization Impacting Money Market Funds

Bank of America's rates strategy team highlights two key influences on the U.S. Treasury market: stablecoin demand for T-bills and the tokenization...

World Liberty Financial Mints $205 Million USD1 Stablecoins, Total Supply Reaches $2.4 Billion

World Liberty Financial, associated with the Trump family, minted over $200 million in its USD1 stablecoin on August 20, increasing its total supply...

Kanye West Launches YZY Token, Reaches $3 Billion Market Cap

Kanye West has launched a new cryptocurrency, YZY, on the Solana blockchain. Market cap reached $3 billion within 40 minutes of the announcement....

Insiders Profit Millions as YZY Token Launches Amid Controversy

YZY Money Overview YZY Money, a memecoin linked to Ye, launched on Solana with a spike of nearly 6,800%, reaching $3.16. The token's market cap...

Goldman Sachs Predicts Stablecoin Sector May Reach Trillions in Value

Goldman Sachs predicts the stablecoin sector could reach trillions in valuation, driven by recent regulatory advancements like the GENIUS Act. Key...
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