Recent Growth in Stablecoin Supply Reflects Strong Crypto Market Activity
The combined market value of the leading stablecoins, USDT and USDC, surged to record levels this week, indicating increasing investment in cryptocurrency markets.
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The combined market value of the leading stablecoins, USDT and USDC, surged to record levels this week, indicating increasing investment in cryptocurrency markets.
Ant Group is making strides to include Circle’s USDC stablecoin in its blockchain framework, as part of a larger strategy to facilitate diverse digital currencies and tokenized assets.
Circle has engaged in a revenue sharing deal with Bybit, the second-largest cryptocurrency exchange, enhancing its USDC presence.
A recent report highlights how Coinbase is enhancing its infrastructure to promote the use of USDC across various sectors.
Ivy, a German payments startup, has enhanced its platform by incorporating Circle's USDC and EURC stablecoins, enabling instant transactions across Europe.
Circle has submitted its application to establish a federally regulated bank, aiming for enhanced oversight similar to traditional financial institutions.
Anchorage Digital announces the cessation of USDC and AUSD support over security concerns, igniting disputes with industry executives.
Positive momentum for stablecoins is evident across various markets, highlighting significant gains and developments.
Polymarket is gaining significant valuation, led by a surge in demand for stablecoins like USDC, which are vital for its transaction processing.
Taurus launches a zero-knowledge proofs privacy layer for stablecoins, beginning with Circle's USDC.
Rain collaborates with Toku to introduce a stablecoin payroll system aimed at facilitating instant payments for global employees.
Circle's stock saw a 15% decline following a report from the Bank for International Settlements questioning the stability of stablecoins in financial systems.
The stock of Circle CIRCL has surged nearly tenfold since its IPO, driven by increased demand from USDC interest, partnerships, and clearer regulations.
Circle's remarkable surge showcases the intensifying demand for stablecoins, with the company's valuation nearing that of crypto giant Coinbase.
ARK Invest continues to offload Circle shares as the stablecoin's stock skyrockets post-IPO.
This collaboration aims to be the first to accept a stablecoin as collateral for futures in the United States.
Shopify is set to launch stablecoin payments for merchants via Coinbase's Base, beginning in mid-June.
World Network improves its capabilities by launching natively minted USDC and integrating Circle’s Cross-Chain Transfer Protocol.
Circle, known for its USDC stablecoin, sets the stage for a potential summer filled with cryptocurrency IPOs.
Circle Internet Group's public offering could see its pricing surpass the $27 to $28 range due to significant investor interest, according to Bloomberg.
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