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.

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.

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, 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.

Ethereum dominates USDC's supply at 65%, but Solana, Base, and Hyperliquid now capture a growing share of the market.

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.

Now USD Coin starts the new year with a market capitalization of 44.5 billion dollars.

USDC's circulating supply surged 80% from its 2023 lows as on-chain activity and adoption across multiple blockchain networks expanded.

The stablecoin is also more widely distributed across blockchain networks.

With USDT already delisted in the EU, crypto investors face a critical decision: Should you switch to USDC? Here's everything you need to know about the differences, risks, and opportunities.

Coinbase CEO Brian Armstrong has signaled interest in incorporating Circle's USD Coin (USDC) for payments on X, formerly known as Twitter. In a Dec. 29 post, Armstrong suggested that USDC payments would be a valuable addition to the platform and called on the X team to explore implementing this feature.

Hyperliquid's network faces heightened scrutiny following a $249 million USDC outflow and allegations of suspicious transactions.

In the last 24 hours, a crypto whale deposited 18.3 million USDC into Hyperliquid, reportedly intending to purchase HYPE, the exchange's native token. The news comes after Hyperliquid experienced substantial outflows of the stablecoin USDC, with over $100 million leaving the platform on Monday, per data compiled by Hashed on Dune Analytics.

TL;DR HyperLiquid faces a critical situation after recording a record $60 million outflow in USDC, sparking speculation about possible attacks by North Korean hackers. Analysts point out that addresses linked to North Korea might be testing vulnerabilities, incurring losses exceeding $700,000 on the platform.

HyperLiquid users are flagging fund exodus amid links with North Korean hackers.

North Korea-linked addresses, said to be possibly testing the exchange for weaknesses, have accrued losses exceeding $700,000, according to one observer.

Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants.