USDC in the spotlight: latest news

Bitget, a prominent cryptocurrency exchange and Web3 company, has announced its Proof of Reserves for August 2025, maintaining a robust reserve ratio of 188%.

Banks are expressing concerns about potential deposit outflows following the introduction of new stablecoin regulations. They are lobbying to address loopholes that could exacerbate this issue.

Tether's USDT continues to be the leading stablecoin; however, it is encountering strong competition from three emerging contenders in the market.

The digital assets industry has dedicated over ten years to finding an ideal equilibrium among speed, accessibility, and reliability in its operations.

Circle has partnered with the XDC Foundation to integrate its USDC stablecoin along with the advanced V2 Cross-Chain Transfer Protocol (CCTP V2) into the XDC network. This collaboration aims to enhance decentralized finance (DeFi), facilitate real-world asset (RWA) transactions, and improve global settlement processes.

Binance and Tether are actively observing the changing regulatory and market environment for stablecoins in South Korea, as significant industry participants engage in the shaping of its future.

OKX has launched a new financial product called the "USDC Transaction Account Automatic Earn," which enables VIP users to earn passive income from their USDC holdings.

Binance and Tether, leading players in the cryptocurrency and stablecoin markets, are paying close attention to the changing regulatory landscape in South Korea, which is expected to impact the future of KRW stablecoins in the country.

The recent enactment of the GENIUS Act has established a new regulatory framework for stablecoins, including Tether (USDT), which is attracting growing attention from competitors in the market.

Tether's USDT continues to dominate the stablecoin market, maintaining a significant lead in market capitalization despite increasing competition from USDC, USDS, and Ripple USD.

Mastercard is enhancing its partnership with Circle to facilitate USDC and EURC settlements for acquirers in the EEMEA region.

XDC Network, a Layer-1 blockchain designed for global trade finance, real-world asset tokenization, and enterprise payments, is set to introduce USDC and CCTP V2 soon. The platform is known for its low-cost transactions and efficient processing capabilities.

In the summer of 2025, Coinbase made a significant change that has transformed the financial landscape by introducing a 4.35% annual percentage yield (APY) on USDC.

OSL Group has launched a global cryptocurrency exchange platform that includes a zero-slippage fiat-to-stablecoin gateway, allowing for instant and seamless transactions.

A recent surge in the stablecoin market has seen an impressive influx of $250 million into the USD Coin (USDC) ecosystem, indicating growing trust in digital dollar innovations.

Binance has launched a new perpetual futures contract for BIOUSDC, allowing traders to leverage their positions by up to 75 times. This development represents a notable enhancement in trading options available on the platform.

Binance has introduced three significant developments designed to enhance its derivatives and spot trading platforms. These initiatives include high-leverage USDC futures, boosts for various altcoins, and the launch of BTR, all aimed at providing traders with greater flexibility and exposure in the market.

Wormhole Foundation has made a significant move in the decentralized finance (DeFi) sector by proposing a $120 million all-cash acquisition of Stargate. This acquisition is expected to have notable implications for Wormhole's dominance in cross-chain DeFi.

Silo Finance has changed its revenue model to provide direct payouts in USDC and ETH following a 97% approval from the community.

USDC achieved a remarkable milestone in July 2025, with its monthly transfer volume on Ethereum reaching $748.3 billion across 8.3 million transactions. This significant increase highlights the rising adoption of stablecoins in the market.

OSL Group has officially launched the OSL Global Exchange, a licensed cryptocurrency platform that provides instant 1:1 swaps between USD and USDC, along with multiple payment options.

USDC trading volume on the Ethereum network has reached a record $748.3 billion, marking a remarkable 300% increase over the past seven months.

USDC, a stablecoin tied to the U.S. dollar, saw a notable increase in transfer volume on the Ethereum network in July 2025, indicating a potential shift towards a digital dollar in the financial landscape.

In July 2025, the Ethereum-based stablecoin USDC achieved a significant milestone by matching the monthly transfer volume of traditional banking systems.

The cryptocurrency market has evolved from a speculative niche to a comprehensive financial ecosystem, with stablecoins such as USDC playing a crucial role in this transformation.