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Latest news on USDC (USDC) now

Solstice Partners with Chainlink, Ceffu for USX Stablecoin Launch on Solana

Solstice Finance, a DeFi protocol on the Solana network, has announced partnerships with Chainlink, Ceffu, and Copper in preparation for the...

Private Credit Market Grows with On-Chain Infrastructure Adoption

Private credit, particularly asset-backed finance (ABF), is rapidly expanding in global finance, currently valued at $6.1 trillion with...

Coinbase, Sony, Samsung Lead $14.6M Funding for Bastion Stablecoin Startup

Stablecoin infrastructure startup Bastion has successfully raised $14.6 million in a funding round led by Coinbase Ventures. Other participants...

Hyperliquid's USDH Stablecoin Launches with $2M Trading Volume

Key Points on Hyperliquid's USDHL Stablecoin Launch: Hyperliquid's stablecoin, USDHL, launched by Native Markets, achieved over $2 million...

Tether Seeks $20B Raise for $500B Valuation, Bloomberg Reports

Tether plans to raise $15-$20 billion through a private placement for a 3% stake, aiming for a valuation of approximately $500 billion. ...

Y Combinator, Base, Coinbase Ventures Launch Fintech 3.0 Initiative

Y Combinator, in collaboration with Base and Coinbase Ventures, is fostering the development of "Fintech 3.0" companies. The focus areas...

OKX Offers 4.1% Yield on USDG Amid Stablecoin Competition

OKX is offering 4.1% yields on USDG with weekly payouts, without staking lockups. The initiative aims to compete for stablecoin dominance...

PayPal Ventures Invests in Stable to Enhance Global Payments

PayPal Ventures has invested in Stable to integrate PayPal USD (PYUSD) with Stablechain, aiming for faster and cheaper global payments. ...

LitFinancial Launches litUSD Stablecoin on Ethereum for Mortgage Payments

LitFinancial, a Michigan-based mortgage lender, launched its U.S. dollar stablecoin, litUSD, on the Ethereum blockchain. The firm aims to reduce...

Minnesota Credit Union Plans Launch of First U.S. Stablecoin

St. Cloud Financial Credit Union (SCFCU) plans to launch a proprietary stablecoin, Cloud Dollar (CLDUSD), which it claims will be the first from a...

Top U.S. Banking Regulator Acknowledges Reality of Crypto Debanking

Jonathan Gould, head of the U.S. Office of the Comptroller of the Currency (OCC), highlighted the ongoing issue of "debanking" within the crypto...

GENIUS Act Establishes Clear Stablecoin Regulations for Global Adoption

The GENIUS Act in Washington brings clear regulations for stablecoins, enhancing operations for U.S. issuers like Circle's USDC. Key points...

Crypto Market Surges Over $650 Billion, Fueling Wave of IPOs

The cryptocurrency market has increased by over $650 billion in market cap since the beginning of the year, leading to a surge in crypto IPOs. Key...

U.S. Job Revisions Cast Doubt on Risk-On Positions Ahead of CPI Data

The U.S. Department of Commerce’s new blockchain data is facing scrutiny just days after its release. A significant revision by the U.S. Bureau of...

Circle Collaborates with Fireblocks to Enhance USDC Adoption for Institutions

On September 9, Circle, issuer of the second-largest stablecoin, USDC, announced a collaboration with Fireblocks to enhance USDC adoption among...

Trump Administration Embraces Stablecoins to Boost U.S. Treasury Demand

U.S. President Donald Trump's administration is increasingly favorable toward cryptocurrencies, primarily stablecoins, as a strategic response to...

Ethena Submits Proposal for Hyperliquid's Stablecoin Backed by BlackRock

Decentralized finance protocol Ethena (ENA) proposed to issue Hyperliquid's upcoming stablecoin, joining a competitive bidding process that includes...

New Crypto Adviser Patrick Witt Identifies Market Structure Bill as Priority

Patrick Witt has been appointed as the new point of contact for cryptocurrency matters in the White House, succeeding Bo Hines. His main objectives...

Nasdaq to Invest $50 Million in Gemini Crypto Exchange Before IPO

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, plans to go public on Nasdaq, which will also invest $50 million in...

Ethena's ENA Token Reaches 7-Month High Following Binance Listing

The governance token of the decentralized finance protocol Ethena (ENA) reached its highest value since January, hitting 87 cents and increasing by...

Sky Proposes USDH Stablecoin Backed by $8 Billion and 4.85% Yield

The competition to issue Hyperliquid's stablecoin, USDH, has intensified with Sky's recent proposal. Key points include: Sky, previously...

Circle's USDC Market Share Reaches 30% Amid Supply Surge

Hyperliquid plans to launch its own stablecoin, aiming to decrease reliance on Circle's USDC. USDC supply has reached $72.5 billion, exceeding...

Wall Street Analysts Initiate Coverage of Bullish with Buy Ratings

Crypto platform Bullish (BLSH) has received multiple stock ratings from analysts following its recent IPO. Rosenblatt Securities initiated...

Nemo Protocol Exploited for $2.4 Million in USDC on September 8

Nemo Protocol, a yield trading protocol on the Sui network, was exploited on September 8, resulting in a loss of $2.4 million in USDC. Key points...

Nemo Yield Protocol Suffers $2.4 Million Exploit on Sui Blockchain

Nemo, a yield protocol on the Sui blockchain, suffered a $2.4 million hack, highlighting ongoing vulnerabilities in decentralized finance (DeFi)....

Hyperliquid to Vote on USDH Stablecoin Issuer Proposal on September 14

Hyperliquid is facing a contentious governance battle over the launch of its proprietary stablecoin, USDH. Key points include: The USDH stablecoin...

Stripe's Tempo Blockchain Viewed as Test for Libra's Legacy

Christian Catalini, co-creator of Facebook’s Libra project, expressed concerns that Stripe's Tempo and Circle's Arc could achieve commercial success...

India and U.S. Lead Global Cryptocurrency Adoption in 2025

India and the United States lead global cryptocurrency adoption in 2025, as per Chainalysis' report. Key points include: India ranked first across...

Stripe CEO Highlights Business Shift Toward Stablecoin Adoption

Stripe CEO Patrick Collison highlighted the increasing adoption of stablecoins, citing their advantages over traditional payment systems. His...

Thumzup Media Raises $50 Million for Dogecoin Mining and Crypto Treasury

Thumzup Media raised $50 million through a common stock offering at $10 per share, with plans to enter Dogecoin mining and establish a corporate...
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