Circle's USDC Trust has applied for OCC Charter status as
Circle's CEO predicts rapid mainstream adoption of stablecoins.
USDC holders have the potential to earn yields on crypto options exchange Deribit, signaling greater acceptance of USDC by major players in the crypto landscape. Notably,
Ant Group, backed by Jack Ma, aims to integrate Circle's USDC Stablecoin on its blockchain, furthering the currency's reach. However,
Anchorage, a crypto custodian, plans to phase out USDC causing backlash in the crypto community.
Maple finance has amassed almost $3B in assets under management, with USDC loans dominating.
Circle's bold ambition to become the first federally regulated digital currency bank signifies its commitment to adding solidity to the crypto sector.
USDC is becoming the preferred payment method for new businesses like
Nextech3D.ai, who recently announced the rollout of crypto payments with USDC.
Meanwhile, Ripple and PFMCrypto aim to redefine crypto mining with Cloud mining contracts that payout in USDC. Huge whales are currently buying USDC, with a single individual depositing 1.35 million USDC on
Hyperliquid for a long position. Coinbase and Ant Group announced partnerships with stablecoin issuer Circle to use USDC.
Coinbase will deploy USDC Stablecoin as collateral in USA futures trading, this along with the recent filings by the USDC Stablecoin issuer
Circle for a US IPO implies the strength and growing influence of USDC in the market.
USDC Coin News Analytics from Fri, 07 Feb 2025 08:00:00 GMT to Wed, 16 Jul 2025 20:38:21 GMT -
Rating 8
- Innovation 5
- Information 5
