
In the world of cryptocurrency, the USDC Coin is a significant player. Recently, the Crypto platform Bullish received its IPO proceeds in USDC, Ripple USD, and other stablecoins, setting a new financial trend. Similarly, Peter Thiel-Backed Bullish accepted $1.15 billion in public funding through stablecoins like USDC. Meanwhile, Circle, the USDC issuer, is set to launch a new layer-1 Arc blockchain this year following its acquisition of Malachite. Notably, coinbase has been reviving its stablecoin bootstrap fund to support the USDC in DeFi. In regulatory news, the strategic analysis of Coinbase USDC focused on the evolution of stablecoin APY frameworks. Despite these developments, Tether and Circle Internet may face competition as China expresses interest in creating its own stablecoin. In another historical moment, Wyoming became the first US state to issue its own stablecoin. Circleβs new gateway promises streamlined USDC transfers across chains. In a significant move, Volkswagen Singapore has allowed customers to pay for cars with USDC and other cryptocurrencies. The cryptocurrency market continues to evolve with the ongoing development of innovative blockchain technologies and increased adoption of stablecoins worldwide.
USDC Coin News Analytics from Tue, 20 May 2025 07:00:00 GMT to Wed, 20 Aug 2025 21:31:50 GMT - Rating 8 - Innovation 7 - Rumor -5