USDC
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cryptoTether Surges Ahead of USDC Amid Major Crypto Hacks
Tether's USDT market cap is growing faster than Circle's USDC following recent DeFi exploits, indicating a potential shift in stablecoin dominance.
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cryptoCoinbase Expands Crypto Lending in UK: Borrow USDC Against Bitcoin and Ethereum
Coinbase now allows UK users to borrow USDC stablecoins against their Bitcoin and Ethereum holdings, utilizing the Morpho lending protocol on the Base network.
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cryptoBIS Warns Dollar Stablecoins Pose Risk to Banks and Policy
The Bank for International Settlements issues a stark warning on the financial stability risks posed by dollar-denominated stablecoins, urging global coordination on regulation.
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cryptoStablecoins Mimic FX Markets Amidst Liquidity Fragmentation, Says Eco CEO
Eco CEO Ryne Saxe explains how stablecoins, despite their $320 billion market cap, fragment like FX markets, creating price differences and execution challenges for large transactions.
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cryptoCircle Launches USDC Bridge for Seamless Cross-Chain Transfers
Circle introduces its new USDC Bridge, simplifying native stablecoin transfers across 17 blockchains without wrapped tokens. Enhances interoperability and user experience in the crypto ecosystem.
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worldEU Prepares Joint Jet Fuel Action Over Hormuz Blockade Fears
The European Union is strategizing joint action on jet fuel as tensions rise over a potential aviation fuel shortage due to the ongoing Hormuz Strait blockade. Traders express low confidence in early resolution.
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cryptoSingapore Gulf Bank Enables 24/7 Stablecoin Settlements on Solana
Singapore Gulf Bank launches a new service allowing institutional clients to mint and redeem stablecoins directly from bank accounts, leveraging the Solana blockchain for round-the-clock settlement.
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cryptoCircle Faces Lawsuit Over $285M Drift Protocol Hack
Stablecoin issuer Circle is entangled in a class action lawsuit following the massive $285 million exploit of the Drift Protocol.