USDC in the spotlight: latest news

The SEC has cut the capital haircut on payment stablecoins from 100% to 2% as part of its commitment to regulate the market following the passage of the GENIUS Act.

Bybit EU has introduced new fixed-term Earn products for USDC and EURC, along with a "Consistency Counts" trading contest aimed at promoting responsible cryptocurrency usage.

USDC trading volume has surged twentyfold over the past 18 months, with Polygon and Base accounting for 68% of all USDC transactions, according to data from ChainCatcher and Dune Analytics. This significant increase in transaction activity highlights the growing popularity and adoption of USDC across various networks.

Bybit EU is enhancing access to USDC and EURC by introducing new fixed-term Earn products. Additionally, the platform is launching a "Consistency Counts" trading contest to encourage responsible cryptocurrency usage.

XRP's price has increased as Coinbase announced that eligible U.S. users, excluding those in New York, can borrow up to $100,000 in USDC stablecoin by using XRP, Dogecoin, Cardano's ADA, or Litecoin as collateral.

Great news for $ADA investors! The popular stablecoin USDC has officially launched on the Cardano Mainnet as USDCx.

Bybit EU has expanded its presence in Europe by introducing USDC and EURC Earn products, along with a trading event offering 110,000 USDC, all under a MiCA-compliant framework.

Bybit EU has launched new stablecoin campaigns in Europe, expanding access to USDC and EURC for users in the region.

Tether's USDT supply experienced a significant decrease of $1.5 billion in February, marking the largest monthly drop since the collapse of FTX. However, this decline does not indicate that funds are exiting the stablecoin market.

The market capitalization of stablecoins represents the total value of various stablecoins that maintain stable performance. Currently, $USDT and $USDC are leading the market in this category.

Whale Alert, an on-chain analytics platform, reported a significant injection of 250 million USDC, prompting an analysis of liquidity in the market.

On-chain data indicates that a whale recently deposited $8.58 million USDC into Lighter_xyz. The following day, the whale opened a long position in Bitcoin worth $671,200 with a leverage of 20x.

Bybit EU, the European branch of Bybit and a licensed crypto-asset service provider, is launching new campaigns to expand access to USDC and EURC stablecoins in Europe. This initiative aims to enhance the availability of these digital currencies for users across the region.

Brian Armstrong announced a new feature on Coinbase that enables USDC holders to earn Bitcoin rewards, providing crypto enthusiasts with additional opportunities.

Circle Internet Group has teamed up with Polymarket to implement native USDC as the primary settlement asset for its prediction markets.

Messari's recent research emphasizes Decibel, a decentralized exchange developed on Aptos Labs, and its innovative collateral model based on USDC.

The exchange is expanding access to its Morpho-powered lending product, allowing holders of major retail tokens, including Dogecoin and Ripple-linked tokens, to qualify for U.S. loans following a recent series of liquidations.

Tanay Ved's report indicates that the record $8 trillion in adjusted stablecoin transfer volume in January was primarily fueled by USDC transactions on the Base platform.

Bybit EU, the European division of Bybit and a MiCA-licensed cryptocurrency service provider based in Vienna, has launched new stablecoin campaigns, expanding access to USDC and EURC in Europe.

Coinbase has introduced a new lending service enabling U.S. customers to borrow up to $100,000 in USD Coin using their holdings in XRP, Dogecoin (DOGE), and other cryptocurrencies as collateral.

Coinbase CEO Brian Armstrong stated that he is actively advocating for American customers, despite the fact that a ban on stablecoin yields could potentially increase profits for his company in the future.

Stablecoin issuer Circle announced the successful completion of a test with OpenMind, where a robot paid a charging-station fee using USDC, enabling it to finish charging seamlessly.

xMoney has integrated USDC into the Hedera network, offering merchants a scalable and high-performance payment solution tailored for enterprise-grade transactions.

Circle, the fintech company responsible for the $USDC stablecoin, has partnered with OpenMind, a firm specializing in robotics and artificial intelligence. This collaboration aims to introduce AI-driven on-chain payment solutions using $USDC.

The increasing adoption of USDC across over 15 blockchains and by thousands of businesses has brought to light significant enterprise privacy challenges, as highlighted in a recent LinkedIn post by Ligero.