USDC in the spotlight: latest news

X has introduced the Handle Marketplace, a platform designed for trading account IDs. This service facilitates the reallocation of unused Handles, and it is available exclusively to eligible Premium subscribers.

Bubblemaps reports that all five major insider addresses of STBL have liquidated their positions, resulting in a total profit of $17 million.

A newly created wallet address has withdrawn 3 million USDC from an exchange, according to ChainCatcher's MLM monitoring. This address has taken a long position on $41 million worth of ENA while simultaneously shorting $42 million in ETH and BTC as a hedge.

Michael Saylor has shared Tracker information on the X platform, emphasizing the significance of the orange dot. He may reveal Bitcoin accumulation data next week, according to Jinse Finance.

A newly created wallet address has made significant moves in the cryptocurrency market, withdrawing $3 million in USDC from an exchange. The address then proceeded to invest $41 million in ENA while simultaneously shorting $42 million in Ethereum (ETH) and Bitcoin (BTC) as a hedging strategy.

A notable whale has taken a significant position in ENA while simultaneously shorting Bitcoin and Ethereum on Hyperliquid, with a total investment of around $70 million. According to Foresight News and data from Lookonchain, this whale recently deposited 2.91 million USDC into Hyperliquid over the last two days.

Stablecoin protocol STBL has announced on the X platform its plans to mint 100 million USST stablecoins in the fourth quarter. The associated work will be launched shortly.

Global payments are experiencing a significant transformation, driven by the rise of stablecoins. This shift is fundamentally changing the landscape of cross-border payments, prompting questions about the future viability of payment service providers (PSPs) in this evolving market.

A newly created wallet address is currently experiencing an unrealized loss of around $1.44 million from short positions in ETH and ENA. This information comes from OnchainLens monitoring, as reported by Jinse Finance. The wallet recently withdrew 4 million USDC from a specific exchange.

A significant risk-off event might lead to the combined market capitalization of USDT and USDC exceeding that of ETH and potentially BTC, as investors shift their capital into stablecoins.

BitMine has amassed a total of 379,271 ETH since its collapse, according to ChainCatcher news and BMNRBullz. The company made significant purchases of ETH during the recent market downturn.

According to ChainCatcher, Whale Alert has reported that 200 million TRX, valued at approximately $63,517,911, were transferred from an unknown wallet to the Bitget exchange.

A significant whale identified as 0x579f...e5ff has deposited $2.91 million USDC into Hyperliquid within the last two days. This investor has opened long and short positions valued at around $70 million.

HyperLiquid is an advanced decentralized exchange (DEX) that operates on its own Layer 1 blockchain. It is specifically designed to facilitate high-frequency trading, providing users with a seamless trading experience.

Sonic has launched on Circle Gateway, integrating the native $USDC stablecoin and providing unified liquidity across compatible blockchains.

A cryptocurrency whale, identified by the address 0x579f...e5ff, has deposited $2.91 million USDC into Hyperliquid within the last two days.

Greg Cipolaro, NYDIG's Global Head of Research, asserts that stablecoins such as USDC, USDT, and USDe are not actually pegged to the U.S. dollar, but instead operate on a floating basis.

A recent $4 million USDC withdrawal has raised concerns about instability in the cryptocurrency markets, highlighting the risks associated with leveraged trading and the potential for regulatory consequences.

OKX explores the impact of USDC, Hyperliquid, and whale strategies on the cryptocurrency market. The article delves into the tactics employed by large traders to influence market trends and drive price movements.

imToken has released a security statement addressing concerns regarding the randomness of private keys in its non-custodial wallet. The company confirmed that the randomness is secure and assured users that no one has been affected by the issue.

STBL founder Avtar Sehra announced on X that the organization is on track with its roadmap, emphasizing a commitment to timely delivery. The new anchoring mechanism is anticipated to be launched by the end of November.

@pedrouid believes that the term "stablecoin" is becoming obsolete, as these assets are essentially tokenized versions of fiat currency or cryptocurrencies. They will eventually be recognized as digital money by 2025, impacting the trading dynamics of USDT and USDC.

The market capitalization of AI-related stocks within the S&P 500 has increased to 43%, as reported by Jinse Finance during the Global Wealth Management Forum held at the 2025 Shanghai Suhewan Conference.

Jinse Finance reported a significant decline in the unrealized bitcoin (BTC) gains held by Metaplanet Co., Ltd., which have dropped from a peak of $600 million to just $41.15 million.