USDC News
Latest USDC News
News
Circle has secured a court-backed arbitration win after records made public in a Boston federal court detailed why the stablecoin issuer suspended Heka Funds’ USDC minting and redemption services over suspected market manipulation involving Tether. Court filings submitted by Circle…
News
JCB has partnered with Circle to test USDC for internal treasury transfers and merchant payments in Japan, extending stablecoin use into cross-border corporate settlement and retail transactions. A July 14 statement from JCB said the Japanese payments company has signed…
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OKX will suspend Solana USDC deposits and withdrawals on July 14 for wallet maintenance, while trading remains available during this window.
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Circle secured final OCC approval for a national trust bank offering regulated digital asset custody and future USDC reserve management.
Feature
Visa data shows USDC carrying 70% of adjusted stablecoin volume, double USDT. How Circle won settlement, Tether kept savings, and what breaks the truce.
Feature
On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and…
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Standard Chartered and Circle launched bank-led USDC minting and redemption access for eligible institutions through DIFC operations.
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Circle’s CRCL fell 17.5% to $62.63 after Russell Growth removals and Open USD launch fueled fresh USDC competition fears.
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Bitget launched Stock+ so eligible users can buy full or fractional U.S. stocks with crypto converted into USDC via regulated brokers.
Markets
MSUSD traded near $0.378 after losing its dollar peg, as Morpho’s msY/USDC market hit 100% utilization amid proof-of-reserve concerns.
News
Ripple has introduced tools that let AI agents use XRP and RLUSD for payments at a time when USDC continues to dominate activity on the fast-growing x402 machine-payment network. According to Ripple, the company this week released the XRPL AI…
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Circle moved about $4.4B USDC to Coinbase on HyperEVM, likely tied to Coinbase’s Hyperliquid USDC treasury deployer role.
Markets
HYPE price has surged 12% on Monday after Coinbase activated its role as the official USDC treasury deployer on Hyperliquid, a move that could direct more revenue toward the protocol’s token buyback system. According to a June 8 announcement from…
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edgeX has paid 50% of approved June 2 claims in USDC, with the remaining half due in EDGE tokens in April 2027 and claims closing on June 9.
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PiggyBank closed its LAB hedge after extreme swings, with estimated NAV drawdowns of 15% for USDC, 12% for SPYx and 9% for JitoSOL accounts.
News
EdgeX has said it will compensate users who suffered realized losses after a sharp EDGE token sell-off triggered liquidations and stop-loss orders on its perpetual futures platform. According to edgeX’s Wednesday post on X, the platform will offer “goodwill care…