Solana Fell Behind USDC: Can SOL Survive the Selloff?
Solana has seen intense selling pressure from both whales and retail investors over the past month, but analysts still expect a price bounce.
Keep up with what's happening in the crypto world in real-time.
Solana has seen intense selling pressure from both whales and retail investors over the past month, but analysts still expect a price bounce.
TL;DR On April 8, 2025, the USDC Treasury burned 51 million tokens on the Ethereum network. This move is part of Circle's routine strategy to adjust liquidity and maintain its 1:1 peg to the U.S. dollar. The burn had no negative impact on the market or DeFi ecosystem, reinforcing USDC's strength as a reliable stablecoin.
Larry Fink, the billionaire CEO of BlackRock, is now locked in with Donald Trump, sitting inside the president's tight inner circle after years of tension with the Republican party.
The payment solution developed by the leading crypto exchange Binance has made the stablecoin USDC the default currency for its new users. In a post on social media platform X, USDC issuer Circle says that its US-dollar pegged stablecoin is now the preset token on Binance Pay, which also supports over 100 other crypto assets.
Today's edition of the weekly recap covers multiple announcements from the U.S. Securities and Exchange Commission (SEC), Circle's initial public offering and the fallout of President Trump's tariffs.
The past week was a whirlwind of activity in the cryptocurrency world. From Ripple's concerns about the UK's crypto regulation to Circle's renewed public listing ambitions, and the anticipated Bitcoin price surge, there was no shortage of intriguing developments.
Stablecoin issuer USDC may delay going public due to concerns about Donald Trump's trade policies and a potential recession.
The Securities and Exchange Commission (SEC) has officially taken a position on one of the most controversial issues in cryptocurrency regulation.
Stablecoins just hit $233B — but is a quiet power shift underway between USDT and USDC?
At the end of March, World Liberty Financial, the crypto company affiliated with President Donald Trump and his family, announced plans to launch a new stablecoin known as USD1.
As waves of economic uncertainty overwhelm the markets, the crypto universe holds its breath. Circle, the stablecoin giant, wavers between ambition and caution.
The stablecoin rivalry between Tether (USDT) and Circle (USDC) shows no signs of cooling down. In the latest exchange, Tether CEO Paolo Ardoino made headlines by stating that Tether doesnt need to go public, a remark interpreted as a subtle jab at Circle, which recently filed for an initial public offering with the U.S. SEC to list on the NYSE.
After Donald Trumps reelection in November, crypto companies grew hopeful about public listings. Trump promised clearer regulations and aimed to make the U.S. a global crypto hub.
Circle's costs in the process of going public are jeopardizing the company's position as the issuer of the second largest capitalization stablecoin.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.
Before Trump announced his sweeping tariffs, Circle filed a prospectus for its planned IPO with the SEC.
Circle Internet Financial, the issuer of the USDC stablecoin, has delayed its plans for an initial public offering due to current market volatility.
Circle, the issuer of the USDC stablecoin, has reportedly delayed its plans to go public. This is due to the growing financial market instability triggered by Trump's sweeping import tariffs and China's earlier retaliation.
Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, is reportedly mulling a delay of its initial public offering (IPO) plans amid the macroeconomic uncertainty created by the Trump administration's trade policies. According to The Wall Street Journal, “Circle had been nearing its next steps in going public, but is now watching anxiously before deciding what to do,” and joins a growing list of companies considering IPO delays, including fintech company Klarna and ticketing firm StubHub.
Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, might delay its planned initial public offering (IPO) amid macroeconomic uncertainty over US President Donald Trump's trade policies, the The Wall Street Journal reported.Circle registered with the United States Securities and Exchange Commission (SEC) on April 1 to take the company public. It is now “waiting anxiously” before taking further steps, the Journal reported, citing people familiar with the matter.
Circle's long-awaited IPO filing reignites hopes for crypto listings, but shaky markets and weak financials raise doubts.
As Circle files for its IPO, what implications will this have for the broader stablecoin market? Can it challenge Tether's $160B dominance?
Stablecoins continue to accelerate in what has been a volatile year for crypto
On April 3rd, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to blockchain tracker Whale Alert. The freshly created tokens, valued at approximately $249.9 million, were issued just hours before press time as part of Circles ongoing efforts to boost USDCs circulating supply and meet growing market demand.