Bitcoin Surges to $80000 as Clarity Act Progresses
@Circle surged 18% and @Coinbase rose 7% as Bitcoin hit $80,294.72 amid progress on the Digital Asset Market Clarity Act, boosting investor sentiment. #Update #Crypto $BTC
Circle
Meta Launches Stablecoin Payouts in Philippines
Meta pays creators $3B in 2025, a 35% increase, introducing USDC payouts on Solana and Polygon in Colombia and Philippines. #Update #Crypto $USDC
USDC Issuance on Solana Hits $3.25B
Circle minted $500M in $USDC on Solana, boosting its weekly issuance to $3.25B and nearing a 10% share of total supply. Institutional demand drives growth. #Update #Crypto $USDC
Tether Challenges Circle with $127M Drift Rescue
@Tether has initiated a $127.5 million recovery plan for Drift Protocol, shifting its ecosystem from USDC to USDT, challenging Circle’s dominance on Solana #Update #Crypto $USDT
Aave V3 Boosts USDC Rates Post Exploit
Circle’s Chief Economist proposes raising USDC’s Aave V3 Slope 2 rate to 50% after a $292M KelpDAO exploit drained liquidity. AAVE token fell 20-26%.
USDC Access Expands Amid Asia Demand
@OSL and @Circle expand $USDC access for trading, payments, and settlement in Asia amid rising cross-border demand. Eligible clients gain enhanced utility through USDC-based services. #Update #Crypto $USDC
USDC Bridge Launches for EVM Cross-Chain Transfers
Circle’s USDC Bridge launched, enabling 1:1 cross-chain transfers via CCTP, processing $600M in 24 hours. CCTP V1 phases out by July 31, 2026. #Update #Crypto $USDC
Circle Faces $280M Lawsuit Over Drift Hack
@Circle faces a class action lawsuit over alleged negligence during a $280 million hack of Drift Protocol, with plaintiffs seeking damages for the $230 million USDC transfer that occurred without intervention. #Breaking #Legal $USDC
Tether Funds Drift $148 Million After Exploit
@DriftProtocol secures $147.5M from Tether to relaunch as a USDT-based exchange after a $270M exploit, replacing USDC amid rising stablecoin competition. #Update #Crypto $USDT
Yuan-Based Stablecoin Launches CEO Circle Insights
@Circle’s CEO Jeremy Allaire forecasts a yuan-backed stablecoin within 3-5 years, highlighting Hong Kong’s role in cross-border payments and the evolving tech competition among currencies. #Update #Crypto $USDC
Circle Sued Over $280M Hack Claims
Circle (CRCL) is being sued over a $280M hack involving Drift Protocol, with plaintiffs alleging negligence. #Breaking #Legal
Arc Blockchain Launches Native Token and PoS Shift
@Circle’s CEO Jeremy Allaire announced a native token launch and transition to Proof-of-Stake for the Arc blockchain, designed for institutional clients and quantum resilience. Major financial institutions will serve as validators. #Update #Crypto $USDC
Clearbank Europe Secures EU Crypto License
Clearbank Europe becomes the first Dutch credit institution to complete MiCA’s CASP notification, enabling EURC and $USDC stablecoin services in the EU. #Update #Crypto $USDC
Circle Launches USDC Payments for Banks
Circle launches CPN Managed Payments, enabling banks and PSPs to settle in $USDC without holding crypto. Partners include Thunes and Worldline. #Update #Crypto $USDC