USDT, USDC duopoly in Stablecoin declines as competition and regulation reshape the market
USDT and USDC drop to 83.6% market share as rivals like USDe, PYUSD, and bank coins gain ground. Ethena’s USDe surges to $14.7B, leading new yield-bearing stablecoins reshaping the market.…
USDC expands cross-chain reach with native launch on XDC Network
Transfers eliminate the need for wrapped tokens or bridges. Circle’s Gateway enables instant transfers across seven blockchains. XDC adds enterprise-grade functionality to USDC’s expansion. USDC, the stablecoin issued by Circle,…
POL price rises as Polygon USDC transfers surge amid its returns to the US
Polygon (POL) price jumps as Polymarket returns to the US. USDC micro-transfers on Polygon are up 141%. Polygon is expanding its stablecoin and real-world asset ecosystem. Polygon’s native token, POL,…
JUP price surges as Jupiter allocates $150M USDC to JLP Loans
Jupiter price was up by nearly double digits in 24 hours as it reached $0.67. Gains came as Jupiter allocated $150 million USDC to its lending offering. “JLP Loans bring…
SOL gains momentum as Circle’s USDC mints on Solana surpass $3B in July
The stablecoin issuer has minted $500M USDC on Solana today. It has minted $1B stablecoins in the previous week, bringing its July total past $3 billion. SOL trades at a…
Sonic (S) price prediction: Can native USDC launch on May 6 ignite a breakout?
Sonic is set to upgrade to native USDC and integrate with CCTP V2 for better liquidity and experience. Sonic (S) price, currently at $0.5226, may hit $1.03 or fall to…
Coinbase introduces USD Coin (USDC) loans using Bitcoin as collateral
Coinbase has introduced USDC loans with Bitcoin as collateral. The loans are available for US customers. The loans have no fixed repayment and they auto-adjust based on the activities on…
Donald Trump’s team considering XRP, Solana, and USDC strategic reserves
Trump’s team eyes XRP, Solana, and USDC reserves as part of the “America-first” policy. The move aims to boost US crypto innovation. However, the move has some wondering whether it…
Circle and Binance team up to boost global USDC adoption
Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users Circle will help Binance build relationships across the finance and…
Coinbase ends USDC rewards in EU amid MiCA compliance
Coinbase plans to end support for USDC earn program for EU customers on December 1, 2024. The exchange cites EU’s MiCA rules that go into full implementation on Dec. 30…