USD Coin (USDC) Crypto News Today

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.

A crypto trader fell victim to a sandwich attack on March 12, losing over $215,000, and one industry pundit suspects they may have been attacked another five times on the same day.

“Every single business or political meeting that they have culminates with this intent,” Ardoino said on X.

The US dollar dominates the stablecoin industry, but that can soon change, according to former Binance.US CEO and 1Money founder Brian Shroder.

The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.

Coinbase vice president Max Branzburg said the product demonstrates the exchange’s “commitment to economic freedom.”

Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.

The stablecoin is also more widely distributed across blockchain networks.

The integration requires no action from app developers and is currently live for all users.

Some Coinbase users are airing frustrations at the region’s MiCA laws, which are forcing the exchange to stop offering yields on USDC in the European Economic Area.

Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. 

Stripe introduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand.