USD Coin (USDC) Crypto News Today

The appointment of Hines signals a renewed focus on entering US markets and more investments in “domestic infrastructure,” Tether CEO Paolo Ardoino said.

Coinbase will soon lower the fee-free benefit of USDC to US dollar conversions to $5 million as the exchange has missed revenue expectations for two quarters running.

Circle’s USDC accounted for 63% of salaries paid in crypto in 2024, outpacing USDt despite its trading dominance, according to Pantera’s global compensation survey.

By securing a national trust charter, USDC’s issuer, Circle, plans to directly manage its $62-bilion reserves.

Ant Group is reportedly working with Circle to integrate USDC into its blockchain platform once the stablecoin achieves regulatory compliance.

Circle has increased its IPO target to $896 million amid rising investor interest, growing stablecoin adoption and a more favorable US regulatory environment.

The 10-year Treasury yield is the return investors earn on US government bonds with a 10-year maturity. Also, it serves as a reference for global interest rates.

In an exclusive interview with Cointelegraph at the Futurist Conference, Coinbase Canada’s CEO disclosed a recent investment in Stablecorp and outlined plans for the local stablecoin market.

Solana’s stablecoin market cap hit a record high at $13 billion as a bullish SOL chart pattern points to a potential rally to $220.

Bitrace reported that $649 billion — about 5.14% of all stablecoin transactions in 2024 — flowed through high-risk addresses linked to illicit activities.

Regulatory tailwinds have helped Circle regain ground in the stablecoin market, with USDC outpacing USDT's growth since November.

Circle’s euro-pegged stablecoin, Euro Coin (EURC), is experiencing rapid market-cap growth as investors flock to MiCA-compliant alternatives.

Sony Electronics Singapore partnered with Crypto.com to enable USDC payments, highlighting a growing trend of stablecoin adoption in the region.

USDC stablecoin issuer Circle has filed to go public in late April on the New York Stock Exchange under the ticker “CRCL.”

Circle announced that its USDC stablecoin will launch on Japan’s SBI VC Trade crypto exchange on March 26.