USDC in the spotlight: latest news

Circle Internet Financial has announced the launch of its Cross-Chain Transfer Protocol Version 2 (CCTP V2) in March 2025, which will facilitate the integration of USDC onto the XDC Network. This development is expected to streamline cross-chain transactions and enhance the use of digital dollars in corporate treasury operations.

Taiwanese singer and crypto investor Huang Licheng, known as Machi Big Brother, is actively re-entering the Ethereum market following a significant $13.7 million liquidation.

Compass Point has reduced its price target for Circle Internet Group (NYSE:CRCL) from $96.00 to $92.00, while still holding a Sell rating on the stock.

According to ChainCatcher News and hypurrscan data, a notable whale with a flawless win rate since October 11 has been placing long orders for both ETH and BTC on the Hyperliquid platform.

Smart Bridge, a subsidiary of the US-listed company VCI Global Limited, is set to launch a fiat-crypto platform that will be based on Ethereum and backed by gold.

A Bitcoin wallet that had been inactive for more than 14 years has been reactivated, now holding 4,000 BTC. This discovery was reported by Whale Alert, as noted by Jinse Finance.

Trust Wallet has introduced a perpetual contract feature that supports more than 100 markets and offers leverage of up to 100x.

The integration of stablecoin payments with QR code technology is transforming the fundamentals of payment systems. In recent years, there has been a growing interest in using stablecoins for everyday transactions, making digital payments more accessible and efficient.

David Sacks, the White House head of cryptocurrency and artificial intelligence, announced that it is feasible to achieve regulatory clarity in the industry this year through legislation focused on cryptocurrency market structure. He made this statement following a meeting with senators regarding the matter.

Crypto market maker B2C2 has introduced a stablecoin exchange platform named Penny, designed to facilitate cross-chain stablecoin swaps for institutional investors.

Aave Labs, the company behind the Aave lending ecosystem, has acquired San Francisco-based Stable Finance, marking its expansion into the consumer DeFi market.

XDC Ventures, the investment branch of the XDC Network, has announced its acquisition of Contour Network, which aims to enhance the blockchain platform for digitizing letters of credit in trade finance.

BingX, a prominent cryptocurrency exchange and Web3 AI company based in Panama, has launched a new campaign that features zero-fee trading for Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Additionally, users will have the opportunity to earn daily rewards as part of this initiative.

The open interest in Bitcoin options has surged to $50 billion on Deribit, with the $100,000 put option gaining popularity among bearish investors, alongside higher strike call options.

Many cryptocurrency whales are showing increased confidence as they go long on Bitcoin. Recently, a notable whale, identified as 0x89AB, deposited $9.6 million in USDC to Hyperliquid and purchased 80.47 BTC, valued at approximately $8.7 million.

A notable investor deposited 3 million USDC into HyperLiquid and initiated a 40x leveraged short position on Bitcoin, as reported by Foresight News and monitored by Onchain Lens.

Latin America is increasingly relying on blockchain-based services for payments and financial access, indicating that the crypto industry is meeting the region's needs as inflation rises.

Circle has minted an additional $750 million in USDC on the Solana network, bringing the total to $2.75 billion since October 11. This move aims to enhance liquidity within the ecosystem.

Zepz, the parent company of WorldRemit and Sendwave, has announced the launch of USDC transfers through the Sendwave Wallet.

A notable whale has spent 3 million USDC to acquire 5.116 MET, as reported by ChainCatcher and monitored by Onchain Lens.

Native USDC and CCTP V2 will soon be introduced to Starknet, bringing significant developments to the ecosystem.