Circle’s USDC stablecoin is now live on the XRP Ledger, offering direct, bridge-free access for global payments, DeFi, and instant settlements.
Search Results for: USDC
Bitcoin-Based DeFi App Hacked for $8.3M, Vows to Repay Users in USDC
Bitcoin’s most popular decentralized finance (DeFi) platform that offers users the ability to earn, lend, and trade without banks experienced a recent breach that caused the platform to lose about $8.3 million. The platform confirmed the incident and quickly promised to repay affected users in USDC, a stable digital currency. This event highlights the ongoing […]
Circle Freezes $58M in Libra-Linked USDC Wallets Amid Class Action Lawsuit
Circle froze $58M in USDC tied to Libra token wallets following a U.S. court order amid a class action lawsuit linked to Argentina’s President Milei.
LIBRA Scandal Escalates as Circle Freezes $57.5 Million in USDC Tokens
Circle has frozen $57.5 million in USDC tokens tied to wallets associated with the controversial LIBRA meme coin promoters. The freeze targets two Solana blockchain wallets containing $44.59 million and $13.06 million respectively, preventing any sale or transfer of these assets. The exact cause behind Circle’s drastic action remains unclear. Speculation points to ongoing legal […]
Kyle Samani Moves $7M USDC to Coinbase – Is a Major SOL Purchase Coming?
Multicoin Capital’s Kyle Samani 7 million USDC deposits it into Coinbase raises suspicion of a major SOL purchase
SEC Eases Stablecoin Regulations as USDC and PYUSD Gain Legal Clarity
The U.S. Securities and Exchange Commission (SEC) is backing off from certain stablecoins, signaling that they no longer fall under the agency’s jurisdiction as securities. This pivot underscores a broader trend of regulatory retreat in the crypto sector, where areas like memecoins and mining have already begun slipping through the SEC’s fingers. According to Fox […]
Sony Singapore Launches USDC Payments Through Crypto.com: Report
Sony Electronics Singapore has shifted to the utilization of cryptocurrency in one of its major developments. Starting from 2nd of April 2025, Sony’s online store will start accepting plans to accept USDC, a stablecoin operated by Circle. This makes Sony Singapore the first electronics manufacturing brand in the country to integrate crypto payments together with […]
USDC Issuer Circle Plans To File IPO In Late April
USDC issuer Circle is preparing to launch its long-anticipated initial public offering (IPO). The company has teamed up with JPMorgan Chase and Citi to implement its public listing procedure. According to reports, Circle intends to file the relevant IPO documents in late April. Circle’s Second Attempt At IPO Circle plans to file IPO documents for […]
ICE and Circle Partner to Integrate USDC and USYC into Finance
Intercontinental Exchange (ICE) and Circle Internet Group have signed a Memorandum of Understanding (MoU) to study the integration of Circle’s USDC stablecoin and US Yield Coin (USYC) with traditional financial markets. This partnership utilises digital assets on ICE exchange, clearinghouses and data services to develop new products and solutions . Circle’s products enable ICE to […]
Circle’s USDC Breaks Record, Outpaces USDT in Recent Growth Rate
USD Coin (USDC) has hit an all-time high and surpassed $60 billion in market cap this week. The coin’s value hitting a previous high of $55 billion in June 2022, was surpassed by this milestone. Stablecoin grew for Circle by adding $16.3 billion to its supply in the last three months. The rapid growth in […]