USDC


Tech

Circle Upgrades Cross-Chain Transfer Protocol Promising Near-Instant USDC Settlements

CCTP V2 enables nearly instant USDC transfers between blockchains with new feature, reducing blockchain transaction times from minutes to seconds.

A CCTP demo at Circle’s Consensus 2023 booth in Austin, Texas (Danny Nelson/CoinDesk)

Policy

Thailand Regulator Adds USDC, USDT Stablecoins to Approved Cryptocurrencies

Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.

Bangkok, Thailand (Noom HH/Getty Images)

Markets

Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance

Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.

Stablecoin market cap (Glassnode)

Markets

Tether, Circle Vie for Upper Hand in Stablecoin Industry Regulatory Push

A WSJ article delved into the contrasting styles between Tether's Giancarlo Devasini and Circle's Jeremey Allaire.

Coins falling from a jar. (Josh Appel/Unsplash)

Markets

Circle's USDC to be First USD Stablecoin in Japan

SBI VC Trade will be the first to list Circle’s stablecoin under the country’s new payments framework.

Jeremy Allaire Circle CEO (The Washington Post / Getty Images)

Markets

Circle's USDC Hits Record Market Cap Over $56B as Stablecoin Demand Soars

USDC and USDT minting accelerated in the past weeks, providing a bullish signal for crypto markets despite declining token prices.

USDC market capitalization (CoinDesk Data)

Finance

Circle Unveils Paymaster to Allow USDC to Be Used for Transaction Fees

The product allows users to interact with decentralized applications using USDC only, ditching the need for native tokens.

Circle set up its own "house" on the Promenade. (Nikhilesh De/CoinDesk)

Finance

Circle Enters Tokenization Race by Acquiring Hashnote, $1.3B Real-World Asset Issuer

Circle also said it will bring the $48 billion USDC stablecoin to the Canton Network and struck a partnership with crypto market maker Cumberland DRW to provide liquidity for USDC and USYC tokens.

Jeremy Allaire, CEO of Circle (CoinDesk)

Policy

Circle Claims Bragging Rights of USDC Becoming First Regulated Stablecoin in Canada

Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Markets

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Demand for stablecoins soared as investors poured capital into cryptos after Trump's election victory.

Stablecoin market capitalization (CCData)