Circle is doubling down on USDC as a building block of crypto finance infrastructure for businesses. Rather than promoting USDC solely as a trading stablecoin, Circle is now positioning it as digital dollar infrastructure for global payments, settlements, and treasuries. This approach is consistent with the trend observed in the
Circle’s USDC has dominated the U.S. institutional market for so many years. Now analysts say that Tether’s newly launched USAT could become the first credible domestic challenger to USDC. What is USDC USAT is a dollar-backed stablecoin created for use inside the United States. USAT is designed to meet the
The Chief Executive Officer of Circle, Jeremy Allaire, mentioned that USDC, a stablecoin pegged to the US dollar, was meant to operate independently from other traditional payments technology companies like Visa and Mastercard. In his speech on CNBC’s Squawk Box during the recently concluded Economic Forum held in Davos, Allaire
Interactive Brokers has further bolstered its services related to cryptocurrencies, with the company now allowing its clients to use stablecoins to fund their brokerage accounts, ensuring faster settlements and 24/7 access for account funding. As soon as the stablecoins are received, the transfer will be automatically settled in USD, allowing
According to the analysis, the payment volumes for the stablecoins in the year 2025 surged 72%, reaching $33 trillion, and it is expected to attain $56.6 trillion by 2030, based on the estimates provided by Bloomberg Intelligence, indicating the expected growth in the adoption of these coins on the payment
A whale wallet just flipped a long position in BTC and simultaneously deposited USDC into Hyperliquid. The move has drawn the attention of crypto enthusiasts, triggering anticipation about their movements on price charts in the times to come. While BTC could see short-term gains, HYPE is being projected to yield
A whale wallet just deposited additional USDC into Lighter. The objective is reportedly to expand its holdings of LIT ahead of its anticipated bull run. However, projections show possible corrections for the next 3 months. The wallet now holds more than 2 million Lighter tokens. USDC Into Lighter for LIT
Wallets linked to the deployer of the TRUMP memecoin have transferred approximately $94 million in USDC to Coinbase over the past three weeks, drawing renewed scrutiny around how liquidity tied to the token is being unwound. On-chain action highlighted by analyst EmberCN on Dec. 31 revealed that the source of
Tether and Circle minted USDT and USDC, respectively, and the crypto market is curious about the reason. Both transactions happened in just 12 hours on different networks for a total of 2 billion tokens. The development comes at a time when crypto prices are fluctuating – teasing highs one moment
Money has always mirrored the society that uses it, and the advent of the digital dollar has been no exception. To this point, the last few years have seen stablecoins become the backbone of digital finance, with on-chain settlement volumes exceeding $1.2 trillion per month during September alone (and their
