Binance Futures, one of the world's largest crypto exchanges, has announced an update to BFUSD where it would support
USDC. In the same stride, digital currency platform
Coinbase announced bitcoin-backed USDC loans up to $100,000. These loans are enabling crypto holders to obtain a loan without parting with their bitcoin assets.
Circle, the company issuing USDC, has acquired
Hashnote, the largest tokenized RWA issuer. It also partnered with
DRW aiming to improve USDC liquidity. Amazingly,
Trump and his administration are suggesting a focus on US-based coins for a strategic crypto reserve strategy. Specific coins in the sights of this strategy include USDC, XRP, and Solana. Another development gives
Amina Bank users free custody of USDC. The USDC's market cap is witnessing a rapid surge, surpassing Tether in 2024.
BBVA Switzerland integrates USDC as part of its crypto service. The stablecoin attained a whopping $1 trillion transactions per month.
Circle, the issuer of USDC, has also contributed 1M USDC to Trump's inauguration Committee. The stablecoin's journey continues excellently, given that it was allowed to be traded on Canadian crypto platforms.
Stripe facilitates payments with USDC, helping the economy shift away from traditional payment systems. Finally, USDC weekly volume soared 155% in 2024 post-MiCA implementation.
USDC Coin News Analytics from Mon, 25 Mar 2024 07:00:00 GMT to Wed, 22 Jan 2025 23:24:03 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 4
