The top crypto exchange by trading volume in the United States is launching a new Bitcoin (BTC)-backed loan program for US clients. In a new announcement to the social media platform X, Coinbase says users will be able to borrow USDC against BTC with the new program. “Bitcoin-backed loans are here.
Ripple CEO Brad Garlinghouse has addressed discussions surrounding the potential establishment of U.S.-backed strategic crypto reserves. Speaking at the CfC St. Moritz conference, Garlinghouse shared his perspective on the possibility of cryptocurrencies like XRP, Solana (SOL), and USDC being included in national reserves.
Coinbase has launched its new Bitcoins backed loans service which allows customers to get USDC loans up to $100,000 without selling their Bitcoins. This new product built on the Morpho DeFi protocol is based on the exchange's Ethereum layer 2 solution, base.
President-elect Donald Trump is reportedly exploring the inclusion of US-developed digital currencies like Ripple's XRP and Solana in his proposed national crypto reserve, the New York Post reported on Jan. 16, citing insider sources.
Coinbase has just introduced a very interesting feature that allows users to obtain liquidity without having to sell their Bitcoin.
President-elect Donald Trump appears poised to reshape US crypto policy as his administration reportedly considers integrating cryptocurrencies such as XRP, Solana, and USDC into a national strategic reserve. This potential move is part of an overarching pro-crypto stance expected to take shape through executive orders following his inauguration on January 20.
Trump's strategic reserve plan could shift global crypto dynamics, potentially challenging Bitcoin's dominance and influencing international policies. The post Trump open to idea of establishing a strategic reserve with US-based coins like SOL, XRP, USDC appeared first on Crypto Briefing.
Donald Trump is open to having more cryptocurrencies such as XRP, Solana, and USDC as part of his America-first strategic reserves. This development comes as the Trump transition team has already been mulling the idea of building a strategic Bitcoin reserve.
Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil.
Swiss AMINA Bank has waived custody fees for USDC holders, offering quarterly rewards and asset protection to boost stablecoin adoption.
USDC achieved 78% circulation growth in 2024 through regulatory compliance and infrastructure expansion, though it still trails behind market leader Tether's $137.5 billion market cap.
Circle, a U.S. fintech heavyweight, publishes 2025 State of the USDC Economy Report. The document registered an array of splendid milestones hit by USDC stablecoin in terms of trading volume, number of users, service integrations and regulatory compliance in various jurisdictions.
Nubank has launched a 4% annual rewards program for USDC holders across Latin America, requiring a minimum 10 USDC balance and offering daily rewards with instant access to funds.
Innovation and regulation: how USDC is redefining global finance.
Circle's USD Coin (USDC) witnessed remarkable growth in 2024, with its circulation increasing by 78% year-over-year, according to a report shared by the stablecoin's issuer.
Brazilian neobank Nubank has launched a fixed 4% annual return for USDC holders, making the feature available to all crypto wallet users.
Historically, Tether's USDT has dominated the cryptocurrency market as the primary source of crypto liquidity. However, data cited by on-chain tools have noticed an apparent shift in trader preferences as USDT loses some of its market grip to Circle's USDC and Binance's FDUSD.
Brazil-based digital bank platform Nubank is rolling out a new feature to all its crypto users. The bank will offer rewards for holding the digital dollar USDC.
The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company's latest report.
In 2024, USDC circulation increased tremendously, with a 78% rise year-over-year. The rise indicates an increase in adoption and use cases.
USD Coin (USDC) surpassed $20 trillion in cumulative transaction volume in 2024, according to a report published by Circle. In November 2024 alone, USDC recorded $1 trillion in monthly transaction volume.
The supply of USDC grows through partnerships with traditional financial operators. Solana also plays a role for USDC adoption for the new wave of users drawn in by meme tokens.
TL;DR USDC saw a 78% increase in circulation, reaching over 500 million users worldwide. The coin has been adopted across 16 blockchains and has facilitated transactions worth over $850 billion between fiat currencies.
Per the report, Circle's USDC has bridged over $850 billion between fiat currencies and is now supported on 16 blockchains.
USDC's massive growth in 2024 marked the stablecoin's steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.
In a recent series of exchanges on X, Input Output Global (IOG) CEO and Cardano founder Charles Hoskinson addressed allegations surrounding the Cardano Foundation's (CF) approach to stablecoin integrations, while also signaling fresh possibilities with Ripple's RLUSD.
Cardano founder Charles Hoskinson defended IOG's ADA holdings and development decisions while revealing a previously declined $3 million USDC integration deal, as the network continues work on technical improvements including BitcoinOS integration and the Midnight scaling project.
The issue of stablecoin integration has long been a point of contention within the Cardano (ADA) community. Despite the growing influence of USDC and USDT on other blockchains, Cardano has yet to secure major partnerships with these stablecoins.
Marking its first major political contribution in the U.S., Circle has donated $1 million in USDC to President-elect Donald Trump's inaugural fund as the crypto industry rallies behind his pro-digital asset agenda and regulatory reforms.
Circle has donated $1 million in USDC to President-elect Donald Trump's Inauguration Committee, signaling the growing acceptance of stablecoins.
Now the digital bank authorized in the USA can offer PayPal USD for direct deposits and outgoing payments.
After Coinbase and Kraken's donations, Circle has contributed to Donald Trump's inaugural committee.
Is the EU's MiCA framework forcing investors to rethink their allegiance to Tether's USDT and explore alternatives like Circle's USDC and Ripple's RLUSD? USDT under radar For years, Tether's USDT (USDT) has been the go-to stablecoin for traders and investors.
Sonic now supports Circle's bridged USDC stablecoin through its gateway, connecting Ethereum, Solana, and Fantom. This integration seeks to reduce liquidity fragmentation and enable efficient token-swapping, paving the way for scalable decentralized applications and improved blockchain usability. The post Sonic Integrates Circle's Bridged USDC as Official Stablecoin appeared first on Cryptonews.
Circle, the second largest stablecoin issuer in the crypto market, has contributed one million USDC to Trump's presidential inaugural committee.
Sonic Labs has announced that the Ethereum virtual machine layer-1 chain Sonic now supports the bridged version of Circle stablecoin USDC. The USDC.
Overcollateralized stablecoin issuers like Tether and Circle are collectively the world's 18th-largest buyers of US government debt.
Overcollateralized stablecoin issuers like Tether and Circle are collectively the world's 18th-largest buyers of US government debt.
Circle is donating $1 million in USDC, a leading stablecoin, to President-elect Donald Trump's inaugural committee. Circle CEO Jeremy Allaire announced the contribution on social media, highlighting its significance.
Circle has donated $1 million of its USDC stablecoin to the inaugural committee for President-elect Donald Trump. On Jan. 9, Circle's CEO, Jeremy Allaire, expressed the company's excitement about contributing to the growth of what he described as a great American enterprise.
Circle, one of the biggest names in crypto, just handed over $1 million in USDC to ‘Crypto President' Donald Trump's inaugural committee. CEO Jeremy Allaire thinks this shows how far digital dollars have come.
Circle, the company behind the USD Coin (USDC), has made a crypto donation to the inaugural funds of the President-Elect of the United States of America, Donald Trump. Jeremy Allaire of Circle, the CEO of Circle, stated that the company will be giving $1 Million USDC on X.
Circle's CEO Jeremy Allaire said the crypto firm has donated $1 million USDC to Donald Trump's inaugural committee.
Stablecoin firm Circle CEO Jeremy Allaire has announced the firm has donated $1 million USDC to President-elect Donald Trump's inaugural committee. The post Stablecoin Giant Circle Donates 1 Million USDC to President Trump's Inaugural Committee appeared first on Cryptonews.
In a latest development, Circle CEO took to X to announce Circle's contribution of 1M USDC to President Trump's Inaugural Committee. @circle has contributed 1M USDC to President Trump's Inaugural Committee.
Circle has donated $1 million to President-elect Donald Trump's inaugural committee. Circle CEO Jeremy Allaire announced the contribution on social media, emphasizing that the committee's acceptance of USDC highlights the growing adoption of digital currencies in mainstream finance.
TL;DR Coinbase Wallet users can now receive funds directly from their bank accounts without any fees. Bank deposits are automatically converted to USDC, making it easier to plan for recurring investments. Users can earn additional rewards with USDC while their funds remain secure in the wallet.