OORT's decentralized AI Layer1 blockchain, Olympus Protocol, has officially integrated Circle-issued stablecoin, USDC. By doing so, Olympus bridges DeAI with real-world utility.
USDC's dominance on Binance continues to rise, challenging Tether's market position amid shifting regulatory frameworks in the European Union.
The company announced that deposits and withdrawals of the popular stablecoin are now live on the Crypto.com App. This will give users another way to access fast and low-cost transactions.
MYRIAD's new USDC markets will drive more accurate predictions, and redefine the revenue model for media and creator content.
Circle, the issuer of the world's second-largest stablecoin by market cap USDC, plans to have the first seamless bridged-to-native USDC upgrade rolled out on layer 2 blockchain Linea. In an announcement on Mar.
SBI VC Trade announced the completion of its initial registration for stablecoin transactions, paving the way for specific use cases related to USDC.
SBI VC Trade will be the first to list Circle's stablecoin under the country's new payments framework.
SBI VC Trade has become Japan's first company to receive official approval to handle stablecoins like USD Coin (USDC), marking a significant step in the country's crypto market. On March 4, the firm announced its registration as an “Electronic Payment Instruments Business Operator” under Japan's updated regulatory framework.
SBI VC Trade, the cryptocurrency subsidiary of Japan's financial giant SBI Holdings, is set to introduce support for Circle's USDC stablecoin. The post SBI's Crypto Arm to Support USDC as Japan Eases Stablecoin Regulations appeared first on Cryptonews.
SBI VC Trade has become the first financial platform in Japan to secure registration for USDC transactions, marking a major step forward.
SBI Group's crypto unit SBI VC Trade is set to commence USDC stablecoin service later this month.
The crypto unit of SBI Group said it is the first in the country to complete such registration to process USDC transactions.
Following registration, SBI VC Trade expects to launch its first USDC stablecoin transactions for selected users on March 12.
Binance will delist trading pairs for nine stablecoins in the European Economic Area (EEA) by March 31, according to a March 3 statement. According to the exchange, this decision aligns with its efforts to comply with the European Union's Markets in Crypto-Assets (MiCA) framework, which introduces stricter regulations for digital assets.
This move expands access to the stablecoin, allowing users to deposit and withdraw USDC seamlessly on Sui. With this update, Binance is strengthening its support for emerging blockchain ecosystems.
A liquidity-driven surge for SOL remains unlikely, diminishing the impact of the recently minted 250 million USDC.
Circle has partially assisted the Bybit hack investigation, but ZachXBT claims the stablecoin issuer did not react quickly enough to blacklist and freeze USDC addresses linked to the hack.
Binance enables USDC deposits and withdrawals on the Sui Network, boosting liquidity and transaction speed. Users can now send and receive USDC on Sui directly via Binance, avoiding bridges and extra steps.
PayPal CEO emphasized blockchain's role in real-world payments, positioning PYUSD as a key player in the digital economy.
The stablecoin payment option will initially be available at Metro Paragon and Metro Woodlands locations.
The expansion of USDG to Solana marks a significant step in its mission to become a leading stablecoin for global transactions.
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.
This is the first time stablecoins have received this status in Dubai's International Financial Centre (DIFC). It marks a major step forward for digital payments and crypto adoption in the region.
The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.
The Dubai Financial Services Authority has approved Circle's USDC and EURC as recognized tokens.
Now the two tokens become regulated and can be integrated by financial institutions and fintechs in the DIFC.
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.
The stablecoins has now joined Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple's XRP, and Toncoin (TON) in Dubai's approved list of tradable cryptocurrencies.
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.
The green light means that businesses in the DIFC will start using the stablecoins on a large scale. The DFSA gave the go-ahead after Circle applied with the authority, marking the first DIFC clearance for stablecoins.
Crypto has gained significant attention and acceptance following a change in the USA's view under Donald Trump's crypto-friendly administration. Under this regime, crypto and related companies are no longer treated like enemies.
Circle's USD Coin (USDC) and EURC have become the first stablecoins to be approved under the Dubai Financial Services Authority's (DFSA) crypto token regime, marking a significant milestone for the stablecoin issuer in the Middle East.
The Dubai Financial Services Authority has approved Circle's USDC and EURC as the first officially recognized stablecoins under Dubai's new token regime. Circle announced on Feb.
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins.
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
After winning approvals in the European Union (EU) and Canada, Circle's USDC and EURC have received recognition from the Dubai Financial Services Authority (DFSA). Under the approval, the stablecoins will see mainstream application by firms in the Dubai International Financial Center (DIFC).
With a 78% market share, USDC dominates Solana's stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.
Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC. Blockchain security firm Cyvers detected the breach less than a day after the platform celebrated reaching a $50 million total value locked (TVL) milestone.
Crypto exchange OX.FUN, backed by Three Arrows Capital's Su Zhu, faces insolvency accusations and transparency concerns after freezing a $1 million user deposit, which the exchange claims resulted from market manipulation attempts.
Infini Neobank Hacked, losing $49.5 million USDC due to a compromised private key. The attacker swapped assets to ETH and moved them to a new wallet.
The stablecoin neobank Infini encountered a severe setback on Monday as it fell victim to a hack. As per various on-chain trackers, 49.5 million USDC was drained from the platform.
Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows.
Crypto exchange OX.FUN has come forward to address rumors of insolvency and nearly $1 million USDC frozen with the exchange. Following the early talks about the mass exodus of funds, the exchange came forward stating that all withdrawals are processing normally while calling the talks “co-ordinated FUD”.
A federal framework would embolden countless companies to dive into the stablecoin market, according to Chronicle Labs founder Niklas Kunkel.
The world's largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same time, Circle also minted another 250M USDC on the Solana network.
A wallet later confirmed to belong to David Portnoy lost up to $5.34M from LIBRA. Later, the wallet received a compensation of 5M USDC.
Coinbase CEO Brian Armstrong said the firm aims to challenge Tether's position as the reigning stablecoin issuer by making USDC “number one."