USDC Adoption Choked by Rising Deposit Rates
A BIS study reveals US deposit rates impact stablecoin growth, showing USDC’s growth slows by 4.8% per basis point increase, compared to 1.9% for USDT, affecting adoption dynamics. #Update #Crypto $USDC
A BIS study reveals US deposit rates impact stablecoin growth, showing USDC’s growth slows by 4.8% per basis point increase, compared to 1.9% for USDT, affecting adoption dynamics. #Update #Crypto $USDC
@OKX has secured new investment from @Circle, @Ripple, Qube Research & Technologies, and SC Ventures to expand into a global financial technology platform valued at $25 billion. #Update #Crypto $OKB
Circle urges EU to revise MiCA rules for foreign stablecoins and reduce bank reserve requirements, citing risk exposure. Diplomatic leaks suggest EU may align with global regulatory shifts. #Update #Crypto $USDC
@OpenStandard’s Open USD aims to disrupt stablecoins with a focus on banking and payments, backed by $1B from founding partners including @Coinbase and @Visa. #Update #Crypto $USDC
Volante Technologies and Circle collaborate to integrate $USDC workflows into Volante’s payment platform, enabling banks to evaluate stablecoin payments alongside existing operations. #Update #Stablecoin $USDC
Circle Foundation announced grants to fund UNDP and WFP digital payment initiatives using $USDC stablecoins to lower aid distribution costs. #Update #Crypto $USDC
Socure’s RiskOS platform integrates with Circle’s Arc Onramp, enhancing identity verification and fraud prevention for fiat-to-$USDC transactions without exposing identity data on public blockchains. #Update #Stablecoin $USDC
Throughout 2026, @Binance led USDC spot trading, processing $5M-$10B daily, significantly outpacing competitors. This dominance may pressure Tether as Circle expands its stablecoin efforts. #Update #Crypto $USDC
Circle and Tether have frozen stablecoins in a wallet linked to the $351.6 million Bitget hack, blocking approximately $318,000 while over 63,000 ETH remains unfreezable. @Bitget #Update #Crypto $USDT $USDC
Circle mints 250M $USDC on Solana, boosting stablecoin liquidity but not indicating a direct market buy. Solana remains a key USDC settlement venue. #Update #Stablecoin $USDC
Circle has launched StableFX on Arc, enabling 24/7 stablecoin-based FX settlements for approved institutions, utilizing smart contracts to mitigate settlement risk. #Update #Crypto #Stablecoin
@Binance is investing $100 million in @Circle, extending their partnership for five years to enhance USDC access and develop use cases for dollar liquidity, savings, and investments. #Update #Crypto $USDC
@Circle has launched Digital Asset-Backed Borrowing, allowing institutional clients to borrow USDC against bitcoin collateral without selling it, supporting Morpho on Arc and Ethereum. Each cirBTC is backed 1:1 by bitcoin. #Update #Crypto $USDC
Aave V4 launched on the Arc Layer-1 network with $76 million in USDC supplied but only $100,000 borrowed, leading to a utilization rate of 0.1%. #Update #Crypto $USDC