Circle has donated $1 million in USDC to President-elect Donald Trump's Inauguration Committee, signaling the growing acceptance of stablecoins.
As the European Union prepares to implement the Markets in Crypto-Assets Regulation (MiCA), many exchanges have suspended USDT services, raising liquidity concerns for European traders.
Tether is steadily expanding its operation to incorporate artificial intelligence (AI), with a unique interest in filmmaking.
After Coinbase and Kraken's donations, Circle has contributed to Donald Trump's inaugural committee.
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.
The highly anticipated Markets in Crypto-Assets Regulation (MiCA) quietly took effect on December 30, 2024, following nearly four years of development.
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.
Coinbase Wallet users can now receive funds directly from their bank accounts. This feature is available to most users worldwide and promises to make funding your wallet as easy as pie.
In a latest development, cryptocurrency analyst Crypto Rover has issued a bullish message in a recent X post. Every time the $USDT dominance gets this high during a bull market.It's a massive #Bitcoin & #Altcoin buy opportunity.BUY THE DIP! 🚀 pic.twitter.
Aptos, one of the most popular L1 blockchains outside the Ethereum Virtual Machine ecosystem, hit two adoption milestones in the first week of 2025. It celebrates the arrival of veteran DeFi Aave v3 on its testnet, while its largest IDO platform now supports native USDT.
Kazakhstan intensified its crackdown on illegal crypto exchanges in 2024, targeting platforms linked to money laundering activities. According to a press statement, the Asian country's Financial Monitoring Agency (AFM) announced that it liquidated 36 unauthorized exchanges with a combined turnover of more than $100 million and restricted access to over 3,500 unregistered crypto trading platforms.
Ripple's stablecoin RLUSD could take a substantial European market share off Tether's USDT as the former navigate regulatory waters. Speculations have swarmed the crypto space on the status of USDT in Europe after the rollout of the Markets in Crypto Asset (MiCA) regulation.
The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025.
Crypto payments service provider Oobit, backed by Tether, Solana and others has announced that they are seeking a license in the UAE and will be setting up an office in Abu Dhabi.
Stablecoin issuer Tether, has in conjunction with a popular crypto exchange platform revealed that it will be conducting a $1 billion USDT chain swap. The swap will shift the stablecoin from other blockchains to Tron network to improve the communication between the supported chains.
The chain swap reallocates $1 billion worth of USDT from multiple blockchains to the Tron network without affecting the overall supply of USDT.
Tether and a top third-party cryptocurrency exchange have announced a chain swap that will move $1 billion USDT from other blockchains to the Tron network. On Jan.
In a latest development, Ethereum founder Vitalik Buterin is once again on a meme-coin dumping spree, as he recently offloaded a few dog-themed meme coins like ESTEE, LDOG, etc. The recent dumps comes after ESTEE price rallied 440% from its intra day low in a massive investor buying. Buterin reportedly sold 50.
Ethereum co-founder Vitalik Buterin transferred almost $1 million in Circle stablecoin USDC to his biotech fund donation address, Kanro.
FUD on Tether and EU regulations: the community criticizes the unfounded speculations.
Ripple's XRP has flipped Tether's USDT stablecoin to claim its spot as the third-largest crypto coin by market cap. The coin now only trails behind Bitcoin and Ethereum.
Tether (USDT), the largest stablecoin by trading volume, has reclaimed third place in the ranking of digital assets by market capitalization. USDT displaced XRP after an additional $0.6 billion boost to its market cap in a few days.
TRON remains one of the most active venues for USDT activity, becoming the leader for professional-grade and whale-scale transactions.
Tether USDt's trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.
XRP has recorded gains in the past 24 hours to flip USDT as the third largest asset by market cap. The asset has attained this feat for the second time in 30 days after it topped USDT temporarily in December 2024.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
As the market enters 2025, XRP, the cryptocurrency that has garnered global investor interest in recent months, has begun the year exceptionally well. The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024's price correction.
Ethereum dominates USDC's supply at 65%, but Solana, Base, and Hyperliquid now capture a growing share of the market.
Tether's general counsel resigns as USDT faces uncertainty over compliance with new EU crypto regulations.
XRP's market cap has surged to $141 billion, once again overtaking USDT and regaining the third spot in cryptocurrency rankings. This growth is driven by increased whale activity, Ripple's release of 500 million XRP from escrow, and substantial trading volumes on South Korea's Upbit exchange, indicating rising investor interest. The post XRP Surpasses USDT Securing Third Place with a $141B Market Cap appeared first on Cryptonews.
XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP's market cap is nearing the $140 billion threshold.
XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether's stablecoin.
The crypto markets closed 2024 on a shaky note, with fears surrounding Tether (USDT) dominating social media. Many speculate that Tether's compliance with Europe's MiCA regulations could trigger a market crash. However, the narrative may be overblown according to Michael Van de Poppe.
MEXC, a leading global cryptocurrency exchange, has announced the launch of a Zero Trading Fee Event for all USDC spot trading pairs. For a limited time, MEXC users can enjoy 0% Maker and Taker fees.
TL;DR USDC's circulating supply has nearly doubled from its 2023 lows, reaching approximately $44 billion as of January 2, 2025. The growth is driven by increased on-chain activity, particularly on alternative layer-1 networks like Solana and Hyperliquid. Diversification across blockchain networks and the rising adoption of DeFi applications have also contributed to USDC's significant expansion.