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news-imageMarch 11, 2025

Circle trims USDC cross-chain settlement time down to seconds with protocol update

The update reduces cross-chain 'transaction settlement time to seconds, compared to an average of 13 to 19 minutes.'
Publisher: The Block
Sentiment: Positive
USDC

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Positive
cover-imageCointelegraph
March 10, 2025

Thailand regulator approves USDT, USDC stablecoins

The Thailand Securities and Exchange Commission (SEC) has approved Tether's USDt (USDT) and Circle's USDC (USDC) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across the country.Thailand's SEC announced the approvals last week after soliciting feedback from the public on proposed regulatory changes that were finalized in February and scheduled to go into effect on March 16. As Cointelegraph previously reported, there have been growing calls within Thailand to legitimize cryptocurrency usage and urge stablecoin adoption to boost domestic revenue.

Positive
cover-imageCointribune
February 25, 2025

Dubai Officially Recognizes USDC and EURC as First Regulated Stablecoins

In a major advancement for the adoption of stablecoins in the financial sector, the Dubai International Financial Centre (DIFC) has officially recognized USDC and EURC as the first regulated stablecoins within its legal framework. This recognition marks a key milestone for Circle as it establishes itself against its direct competitor, Tether's USDT.

Negative
cover-imageBitcoin
February 25, 2025

Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited

Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway.

Positive
cover-imageCryptonews
February 24, 2025

Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai

Circle's USDC and EURC have been approved as the first stablecoins under Dubai's crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC). The post Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews.

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