Circle Internet Financial Ltd. has been making waves in the cryptocurrency landscape, strategically positioning itself as a key player within the stablecoin market and preparing for a public offering. Circle’s journey, which has included challenges with initial plans to go…
USDC on Sui expands DeFi liquidity with cross-chain features
The introduction of native USDC to the Sui ecosystem marks a critical advancement in the development of decentralized finance. As a major player in the stablecoin market, USDC provides the stability necessary for transactions and liquidity management. Its presence on…
USDC Expands Sui Network Utility with $650M DeFi Growth
The Sui Network continues to build momentum as a major player in the decentralized finance (DeFi) space. With the upcoming integration of USDC, the network’s utility and interoperability will significantly expand. This milestone adds new potential for both developers and…
USDC Overtakes USDT in Transaction Volume Based on Visa Data
Circle Internet Financial’s stablecoin, USDC, has experienced a significant rise in transaction volume this year, surpassing Tether’s stablecoin, USDT, to become the market leader. According to data compiled by Visa Inc. in collaboration with Allium Labs, USDC’s growing dominance reflects…
Dogecoin Close to Overtaking USDC in Market Valuation at Over $30 Billion as Price Targets $0.30
Dogecoin, one of the biggest memecoins in the crypto market, and USDC, a stablecoin, are battling out in the crypto market. Apparently, each is trying to go above the other in terms of market valuation, with DOGE getting closer to…
Circle Axes $28 Billion USDC Support on Tron Amid Risk Management
In a significant development within the digital asset sector, the operator of the $28 billion USDC stablecoin has made the decision to discontinue its support for the Tron blockchain. Circle Internet Financial Ltd., the operator of USDC, announced this move…
Circle to Halt USDC Minting on Tron Network with Immediate Effect – What happened ?
Circle, a prominent player in the digital currency realm, has announced the discontinuation of support for USDC (USD Coin) on the TRON blockchain in a phased transition. This decision comes into effect immediately, with Circle ceasing the minting of USDC…
Circle Ventures Makes Strategic Investment in Sei to Activate USDC Use Cases
Sei, celebrated as the industry’s fastest Layer 1 blockchain, has recently become the focus of strategic investment from Circle Ventures. It is a move signaling a pivotal exploration into innovative applications for Circle’s USDC within Sei’s flourishing ecosystem. This collaboration…
Wormhole Incorporates Native USDC Transfers Across Four Blockchain Networks
Introduction In a groundbreaking development for the blockchain ecosystem, Wormhole has successfully integrated Circle’s Cross-Chain Transfer Protocol (CCTP), enabling seamless transfers of USD Coin (USDC) across Ethereum, Avalanche, Arbitrum, and Optimism networks. This integration marks a significant milestone in the…
USDC Native Integration Expands Across the Polkadot Ecosystem
Introduction Welcome to our comprehensive coverage of the recent development in the Polkadot ecosystem. In this article, we will explore the exciting news of the native integration of USDC, the second-largest stablecoin by market cap, into the Polkadot network. This…
Why Did North Korean Hackers Steal $1.3 Billion in Crypto in 2024?
North Korean hackers have increasingly targeted cryptocurrency platforms, stealing significant amounts and using advanced methods to hide their activities. In 2024, they were responsible for over half of the $2.2 billion lost globally to crypto theft. These attacks often involve…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
