USDC in the spotlight: latest news

Circle has announced that it will enable firearm purchases using USDC, sparking renewed discussions about the role of cryptocurrency in relation to neutrality, compliance, and individual freedom.

According to Jinse Finance, data from Lookonchain indicates that USDC Treasury minted 1.25 billion USDC on the Solana chain within the last 24 hours.

A crypto investor purchased $8.3 million worth of HYPE tokens on Hyperliquid by transferring $14 million USDC, indicating an increase in institutional confidence in decentralized finance (DeFi).

A significant event is unfolding in the crypto markets as $250 million worth of USDC has been minted. This substantial move is capturing the attention of investors and analysts alike, raising questions about its potential impact on market dynamics.

Circle has updated its USDC stablecoin terms of service to permit users to purchase firearms and weapons that adhere to applicable laws. The previous policy prohibited such transactions.

Circle has updated its USDC policy to permit legal firearm transactions, receiving political support and sparking renewed discussions on financial neutrality.

Circle, the issuer of the USDC stablecoin, has retracted its policy that banned firearm purchases after facing significant political backlash.

Circle has announced that it now allows legal firearm purchases using the USDC stablecoin, with the only restriction being the prohibition of transactions that violate applicable laws.

Tangem has introduced Tangem Pay, allowing users to spend USDC directly from their self-custodied wallets with a virtual Visa card. This service ensures that funds remain on-chain while facilitating seamless transactions.

Circle has updated its Terms of Service to permit legal firearm purchases using USDC. An industry expert commented that this policy reversal indicates that stablecoins are subject to political influences.

Circle has updated its USDC policy to permit legal firearm purchases following pressure from lobbyists. The decision reflects a significant shift in the company's stance regarding the use of its stablecoin for such transactions.

Circle has updated its USDC policy to permit legal firearm purchases, citing compliance with federal regulations in light of ongoing stablecoin regulatory reforms.

Decentralized crypto lending platform Compound has restarted withdrawals from two of its three stablecoin markets after a temporary pause.

In a significant development, 252 million USDC has been burned, raising questions about its implications for cryptocurrency stability. This event has sparked discussions among investors and analysts regarding its potential impact on the market dynamics.

SuiLend announced on X that the Elixir team has fully repaid all USDC debts. Additionally, the withdrawal function for the previously isolated lending market has been restored.

The address "1011short" has deposited around 20 million USDC into HyperLiquid, as reported by ChainCatcher and monitored by Lookonchain. This move is aimed at increasing long positions in Bitcoin and Ethereum.

Eligible users in the Balkans can participate in the Autumn Trade Fest by depositing, trading, and utilizing the Earn feature to share a reward pool of 13,500 USDC in token vouchers.

Gauntlet, a DeFi research and risk management firm, has submitted a proposal on the Compound forum recommending the urgent suspension of the USDC, USDS, and USDT lending markets on Ethereum.

Bitget has joined the Circle Alliance Program to accelerate the global on-chain economy using $USDC.

Binance Pool is inviting both new and existing miners in the Middle East and North Africa (MENA) and Commonwealth of Independent States (CIS) regions to participate in a promotion that offers a total of 2,500 USDC in rewards.

A new wallet has been created that deposited 2.5 million USDC into Hyperliquid and opened leveraged long positions in several cryptocurrencies, as reported by Foresight News and monitored by Lookonchain.

Circle, the issuer of the USDC stablecoin, has revised its terms of service to permit legal firearm purchases using USDC. This change marks a reversal of a previous policy that prohibited such transactions.

Circle has announced the latest recipients of its Developer Grants, emphasizing that the initiative is designed to provide more than just financial assistance. The USDC stablecoin issuer stated that these grants serve as a launchpad for innovative projects.

Circle has revised its policy regarding one of its tokens to clarify the rules surrounding prohibited transactions. The update specifically addresses the use of legally purchased weapons with USDC.

Binance has announced the addition of two new trading pairs focused on privacy altcoins, aimed at enhancing trading options in the spot market.