USDC in the spotlight: latest news

A wallet that recently gained $9.56 million from ETH swing trades between June 2025 and August 2025 has started to invest in HYPE on Hyperliquid. This wallet has deposited $4.01 million in USDC, purchased 63,197 HYPE tokens at a price of $47.41 each, and placed a bid for $1.02 million at $47.17.

A significant whale has deposited approximately $3.33 million in $USDC to HyperLiquid, initiated a 10x leveraged long position in $HYPE, and is now staking 144,295 $HYPE tokens, which are valued at around $13.77 million.

A large cryptocurrency investor, referred to as a whale, has purchased 217,689 HYPE tokens at an average price of $48.50 each, totaling an investment of $10.56 million in USDC. This activity indicates a strong demand for HYPE, as reported by @OnchainLens and reflected in data from Hypurrscan.

Nemo Protocol on the Sui Network was exploited for $2.4 million on September 8, 2025, as reported by PeckShieldAlert. The hacker transferred USDC using Circle from Arbitrum to Ethereum during the incident.

Whale address qianbaidu.eth has acquired 411,000 $HYPE tokens for a total of $19.57 million USDC, achieving an average purchase price of $47.6 per token.

A smart-money wallet recently deposited 2.95 million USDC, bringing its total expenditure to 8.6 million USD for accumulating 175,645 HYPE tokens.

The latest trends in ETH, ADA, and USDC are being explored, alongside insights into how cloud mining platforms such as Hashj are making cryptocurrency mining more accessible for investors.

Circle's USDC has experienced a $2 billion increase in supply, boosting its market cap to $72.6 billion. This growth is attributed to rising adoption among institutions and in cross-border payments. In light of this, the European Central Bank has called for increased oversight of stablecoins.

Nemo Protocol, a yield trading platform on the Sui blockchain, was targeted in a hack that resulted in the theft of $2.4 million in USDC. The attacker took advantage of vulnerabilities within the platform to carry out the breach.

The increasing number of single-letter stablecoin tickers, including USDC, USDT, USDS, and USDD, is creating a crowded namespace that poses risks for traders.

Decentralized exchange Hyperliquid is set to launch its own stablecoin to decrease dependence on Circle's USDC. This move comes amid a significant increase in USDC supply that has surpassed initial forecasts.

ALR Miner has introduced a dual model that enables users to mine Bitcoin using USDC. New users can sign up and receive $12 USD, while enjoying a consistent daily income. This represents an exciting opportunity in the cloud mining sector.

Kaito's Token Mindshare, an indicator that measures the influence of specific tokens in the cryptocurrency market, highlights Hyperliquid, Avalanche, and USDC as today's global coins of interest.

A report from Odaily Planet Daily indicates that community member Omar shared on the X social platform that Hyperliquid currently has $5.5 billion in USDC deposits. If USDH fully replaces USDC on the platform, a 7% reduction in USDC circulation is anticipated.

Nemo, a yield protocol operating on the Sui blockchain, was exploited, resulting in a loss of $2.4 million in USDC.

Circle's stablecoin, USDC, is experiencing significant growth, attracting attention from Wall Street. A recent report by brokerage firm Bernstein indicates that the supply of USDC has increased substantially, suggesting a positive outlook for its market share in the future.

Circle announced on Monday its intention to launch native USDC and the Cross-Chain Transfer Protocol (CCTP) V2 on the Hyperliquid platform.

Circle Internet Group (CRCL) is under increasing pressure following a downgrade by Compass Point analyst Ed Engel, who has changed his rating to 'Sell' amid concerns that USDH poses a threat to USDC.

Circle's upcoming IPO is facing significant challenges from multiple fronts. The introduction of Hyperliquid's new USDH stablecoin, competition from established rivals like Tether, and potential rate cuts pose serious threats to Circle's revenue, potentially leading to a loss of up to 10% overnight.

Circle's USDC supply has increased significantly to $72.5 billion, surpassing Bernstein's 2025 estimates by 25%.

Hyperliquid, a leading decentralized derivatives exchange, has announced its intention to launch USDH, a stablecoin pegged to the U.S. dollar, aimed at enhancing integration within its platform.

Regulatory and security concerns regarding cryptocurrency custody are on the rise, with experts cautioning that these issues pose significant risks for both investors and institutions.

The performance of IREN has been notably strong, while CRCL has experienced a sharp decline. This contrast highlights the differing market sentiments and the specific risks associated with the fintech and stablecoin sectors.

In the third quarter of 2025, Binance dominated the stablecoin market with a remarkable 67% share of the $68 billion in exchange liquidity, fueled by significant inflows into USDT and USDC.

The stablecoin market in 2025 continues to be led by USDT, USDC, and DAI, which together hold a significant market share of over 7.79%.