Tags: USDC

CRCL stock has jumped 800% since its June IPO, nearing Coinbase’s $78B market cap; after-hours trading pushed it above $270 per share.

While USDT and USDC continue to dominate the space, more than 10 stablecoins now have over $100 million in circulation.

USDC is now live on the XRP Ledger.

Santiment believes that Plasma’s sale is a marker of maturity in crypto, contrasting today’s investors with the hype-chasers of previous cycles.

BlackRock’s 10% stake and ARK’s $150M order signal institutional embrace despite pending stablecoin regulations in Congress.

Circle announces plans for a US IPO.

USDC’s exchange reserves hit 14-month high at $6.5B while USDT lags 12% below its peak, potentially signaling shifting market dynamics.

$649B in high-risk stablecoin flows reveals crypto’s dark underbelly, with gambling and fraud accounting for 40% of suspicious transactions.

Aptos’ stablecoin market cap surpassed $1 billion in March, which is a 10x increase year-over-year and 3x growth since December.

USDC’s dominance on Binance continues to rise, challenging Tether’s market position amid shifting regulatory frameworks in the European Union.

CertiK detected the Infini hack, revealing a rogue ex-developer used Tornado Cash for funding before exploiting retained admin rights.

USDT dominated Binance Pay transactions, accounting for 80% of volume at $57 billion, followed by Bitcoin, Ethereum, and BNB in smaller shares.

Solana’s stablecoin market cap hit $10.7B, driven by meme coin frenzy; USDC dominates with $8.26B, boosting SOL’s price to an all-time high.

Despite growth, USDC trails USDT, which ended 2024 with a $137.5 billion market cap, dominating 66% of the stablecoin sector.