Stablecoin market cap surpasses $200B as USDC dominance rises
The stablecoin market cap reached a new record high above $200 billion. Is it a sign that Bitcoin and altcoins will rise higher? Source link
Circle officially adds native USDC on Aptos mainnet
Circle’s digital dollar, USD Coin, is now available natively on the layer-1 blockchain Aptos, empowering developers and users. USDC (USDC) goes live natively on Aptos (APT) about two months after Circle announced that the stablecoin would be launching on the Move-based layer-1 blockchain. That initial update, which crypto.news reported in November 2024, also included the […]
Circle launches Paymaster to allow users pay gas fees with USDC
Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin. The USDC (USDC) issuer said in an announcement that the on-chain utility solution Circle Paymaster was now live on Arbitrum and Base, two leading Ethereum (ETH) layer-2 solutions. With this product, users on the […]
Is USDT Losing to RLUSD and USDC?
Is the EU’s MiCA framework forcing investors to rethink their allegiance to Tether’s USDT and explore alternatives like Circle’s USDC and Ripple’s RLUSD? USDT under radar For years, Tether’s USDT (USDT) has been the go-to stablecoin for traders and investors. Yet, as we step into 2025, its dominance is starting to waver, particularly in the […]
Sonic integrates Circle’s bridged USDC
Sonic Labs has announced that the Ethereum virtual machine layer-1 chain Sonic now supports the bridged version of Circle stablecoin USDC. The USDC.e stablecoin on Sonic, bridged from native USDC (USDC) on Ethereum via the Sonic Gateway, is now live on the EVM L1. Sonic will leverage Circle’s bridged USDC standard, according to an announcement […]
Circle donates $1m in USDC to Trump inaugural committee
Circle has donated $1 million to President-elect Donald Trump’s inaugural committee. Circle CEO Jeremy Allaire announced the contribution on social media, emphasizing that the committee’s acceptance of USDC highlights the growing adoption of digital currencies in mainstream finance. “The fact that the Committee took payment in USDC is an indicator of how far we have […]
Vitalik Buterin donates nearly $1m USDC from meme swaps
Ethereum co-founder Vitalik Buterin transferred nearly $1 million in Circle’s USDC stablecoin to his biotech fund donation address, Kanro. On Jan. 6, Buterin executed a series of swaps to sell meme coins in exchange for USDC (USDC) stablecoin tokens designated for charity donations. The “vitalik.eth” address sold approximately 28 meme coins, generating $984,000 from the […]
USDC stablecoin issuer Circle cuts 6% staff amid push for AI: report
Circle has reduced its workforce by less than 6%, saying the layoffs are part of a routine review of investments and expenses as the company continues its global expansion. Stablecoin issuer Circle has reduced its workforce by less than 6%, citing a strategic review of investments and expenses, Bloomberg has learned. The layoffs are said […]
