Solana ($SOL) and XRP surged in price following reports that President-elect Donald Trump is considering an “America First” strategic crypto reserve, potentially including $SOL, $XRP, and USDC. Both assets outperformed the market on Thursday. #Breaking #Crypto $XRP (+9) ↗
@Coinbase has launched a new program allowing US clients to borrow $USDC against $BTC, avoiding the need to sell their Bitcoin. This initiative aims to enhance financial opportunities onchain. #Update #Crypto $BTC (+4) ↗
USDC market cap surges 80% from 2023 lows, with the stablecoin now more widely distributed across blockchain networks, signaling increased adoption and utility. • #Update • #Crypto • $USDC • (+4)
Coinbase CEO Brian Armstrong urges @X to integrate $USDC payments, aligning with X’s ambitions to become an “everything app” and leveraging Coinbase-backed Base’s growth as the leading Ethereum Layer 2 network. #Update #Crypto @Coinbase ↗ +3
$BNB partners with Circle to integrate $USDC, expanding stablecoin accessibility to 240M users. This move, following regulatory shifts, positions Binance against $USDT dominance, potentially reshaping the stablecoin market landscape.
Circle’s $USDC becomes the first stablecoin to comply with Canada’s new digital asset rules, securing its place on Canadian exchanges by year-end. Circle also announces a 6% workforce reduction to boost efficiency and focus on emerging tech.
Apple’s NFC update enables third-party apps to support USDC Tap-to-Pay on iPhones, facilitating seamless crypto transactions. This advancement could significantly boost digital payment adoption and transform user interaction with cryptocurrencies and blockchain assets globally.
Circle integrates $USDC on the Sui blockchain, boosting liquidity and user engagement. Sui, launched in 2023, is known for simplicity and key partnerships. USDC now supports 15 networks with over $35B in circulation.
Sony’s Soneium blockchain integrates $USDC as its native stablecoin, enhancing value exchange in digital entertainment and finance. This partnership with Circle and platforms like Chainlink boosts Soneium’s growth and Web3 adoption.
USDC surpasses $16 trillion in volume, driven by Solana’s market share. $USDC now holds 50% of stablecoin transaction volume, with $8.29 trillion moving on Solana, eclipsing $USDT on TRON.
Polkadot proposes reducing the minimum balance for $USDT and $USDC on its Asset Hub from $0.07 to $0.01 to boost stablecoin adoption. The move aims to make Polkadot more competitive in the stablecoin market. #Update
S&P Global Ratings assessed stablecoins, rating @circle’s $USDC highest with a score of 2 for strong reliability. Tether’s $USDT received a 4 due to transparency issues. This highlights the need for solid regulatory frameworks. #Crypto #Update
Polkadot proposes reducing the minimum balance for $USDT and $USDC to $0.01 and cutting transaction fees by 90%. This aims to boost stablecoin adoption and compete with Solana and Ethereum. #CryptoNews
Polkadot proposes lowering minimum balances for $USDT and $USDC on its Asset Hub from $0.07 to $0.01, aiming to boost its stablecoin market position. Planned upgrades include 90% fee cuts. #Stablecoins #Crypto
