Stablecoins Surge Past 30 Trillion Volume
DailyHodl: @Coinbase CEO Brian Armstrong highlights a 200% increase in stablecoin payments volume, emphasizing $USDC’s growth and integration across products. #Update #Crypto $USDC (+5) ↗
DailyHodl: @Coinbase CEO Brian Armstrong highlights a 200% increase in stablecoin payments volume, emphasizing $USDC’s growth and integration across products. #Update #Crypto $USDC (+5) ↗
NewsBTC: @Alphractal reports $USDC is nearing its 2021 resistance level, driven by altcoin sales shifting to USDC, signaling potential market shifts. #Update #Crypto $USDC (+3) ↗
DailyHodl: Circle’s USDC stablecoin is now live on the Aptos chain, boosting $APT by 5.5% in 24 hours; Coinbase adds Aptos-native USDC to its roadmap. #Update #Crypto $APT (+3) ↗
CryptoSlate: Stablecoin transfers hit $27.6 trillion in 2024, surpassing Visa and Mastercard’s combined volume by 7.68%, with @CEX_IO reporting significant bot-driven trading on networks like Solana. #Update #Crypto $USDC (+7) ↗
Santiment offers a streamlined way to monitor whale wallets, including those linked to the Trump family, which have shown increased activity in DeFi coins since his inauguration. Check out their Whale Watcher CEX Deposits dashboard for insights. #Update #Crypto (+3) ↗
The market cap of stablecoins has surged by 65%, potentially fueling the ongoing bull rally in the cryptocurrency sector, as noted by Semilore Faleti at @NewsBTC. #Update #Crypto $USDT (+3) ↗
@Arkham’s data reveals that President Donald Trump’s World Liberty Financial (WLFI) is now a top 0.1% holder of staked Ethereum ($stETH) after acquiring $33 million worth of ETH, alongside other significant crypto assets. #Breaking #Crypto $ETH (+8) ↗
Solana ($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.