USDC in the spotlight: latest news

A federal judge has lifted the freeze on about $57.6 million in USDC stablecoins associated with the Libra token scandal, allowing Hayden Davis to access the funds.

SBI's $50 million investment in Circle is set to transform Japan's digital finance sector by promoting the adoption of USDC, which will improve payment solutions and align with regulatory standards.

SBI Holdings, Japan's largest financial services group, is leading the charge in the country's digital finance revolution, focusing on strategic blockchain alliances and the growth of stablecoin and real-world asset markets.

In 2025, Circle is set to mint $250 million in USDC on the Solana blockchain, signaling a strong institutional demand for the digital currency and opening up new opportunities in decentralized finance (DeFi).

OKX has introduced the PI/USDC trading pair, raising questions about whether this move will revitalize interest in Pi Coin or introduce new risks to the market.

OKX has launched a new trading pair, PI/USDC, to improve liquidity for Pi Network, providing traders with a stable option for entering and exiting the market.

The Wormhole Foundation has submitted a cash offer of $120 million in USDC to acquire Stargate Finance, surpassing LayerZero's earlier bid of $110 million.

Coinbase's recent initiatives in stablecoin yield strategies are transforming the digital finance landscape and challenging traditional banking practices.

Coinbase analysts predict that USDC may face challenges in gaining adoption, despite the introduction of its impressive Gateway cross-chain feature.