USDC


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)

Finance

Payments Giant Stripe Brings Crypto Services to Aptos as Circle's USDC Stablecoin Launch on the Network

The integrations aim to boost global payments and decentralized finance on the Aptos network.

Aptos founders Mo Shaikh, left, and Avery Ching (Aptos Labs)

Markets

Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

(engin akyurt/Unsplash)

Finance

Circle's Allaire: Stablecoins Could Expand by Trillions in 10 Years, Will Be Integral Part of Global Financial System

While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Videos

MoneyGram Announces Its Latest: MoneyGram Wallet

MoneyGram Chairman and CEO Alex Holmes discusses what future integration between fiat and crypto would like. Plus, the latest on how users can request funds (USDC) with other MoneyGram Wallet Users.

CoinDesk

Videos

Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions

Stablecoin market capitalization has jumped to $169 billion led by USDT and USDC. Plus, on-chain analytics firm Santiment reported a bump in whale transactions on the Bitcoin network. Could stablecoin liquidity and rising transaction volume be the catalyst for bitcoin's next price surge? CoinDesk's Christine Lee presents the "Chart of the Day."

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