USDC in the spotlight: latest news

Circle's CEO Jeremy Allaire announced that the company successfully settled $68 million in internal transfers using USDC in just 30 minutes, a significant improvement over the traditional three-day bank transfer process.

Stablecoins are experiencing an unprecedented liquidity surge, with February recording a historic $1.8 trillion in on-chain transfer activity. This marks a significant shift in the dynamics of stablecoin transactions.

The monthly transfer volume of stablecoins reached an all-time high of $1.8 trillion in February, according to data from analytics platform Allium.

South Korea is set to open its cryptocurrency market to corporate investors; however, stablecoins such as USDT and USDC may be excluded from the regulatory framework.

Stablecoins have reached a record monthly transaction volume, with Circle's USDC surpassing Tether's USDt, according to recent data. The total transfer volume for stablecoins has now reached an all-time high of $1.8 trillion.

February's stablecoin activity hit a record high of $1.8 trillion, with USD Coin (USDC) leading the charge by contributing approximately $1.26 trillion to the total transfer volume.

In the first week of March, billions of dollars in new USDC were minted, setting a record. If this rate continues, Circle could see significant growth in its total USDC supply for the month.

Circle, the second-largest stablecoin payment company behind USDC, is actively expanding its ecosystem in response to the growing adoption of stablecoins.

USDC transfers surpassed those of Tether (USDT) in February, reaching double the amount as businesses increasingly opted for USDC for their treasury transactions.

Machi Big Brother, also known as Jeffrey Huang, has deposited $100,000 USDC to increase his exposure with a 25x long position in ETH on Hyperliquid.

A significant transfer of $225 million USDC from Binance to Ceffu has been reported by Whale Alert. This movement could indicate major shifts in the cryptocurrency markets and the landscape of institutional custody.

Solana has achieved a remarkable milestone by processing a record $650 billion in monthly stablecoin volume.

Circle has introduced gas-free USDC payments, allowing nano-payments as low as $0.000001. This innovation is set to benefit developers creating AI systems, APIs, or streaming services by enabling new internet-native payment models that traditional payment methods cannot support.

Binance Earn has announced a new promotion for Simple Earn Locked Products, available to eligible users in the Balkan countries. Users can subscribe to USDC and enjoy a 25% APR for a limited period of 10 days.

Mythical Games has begun transferring the NFTs of FIFA Rivals to the Pulse marketplace, using the stablecoin USDC for the transaction.

Machi Big Brother has deposited 210,000 USDC into Hyperliquid to boost his ETH long positions, according to data from Hyperbot reported by Odaily.

Circle's stock has surged by 20% as investors react positively to robust earnings and significant growth in its USDC stablecoin ecosystem. Recent reports indicate that the supply of USDC is approaching $75 billion, further boosting investor confidence in the company's future prospects. Additionally, there is an expansion of AI-driven payment infrastructure, which is likely to enhance Circle's market position.

Circle's earnings, driven by reserves, have shown resilience despite the volatility in cryptocurrency prices. However, the company faces emerging regulatory risks concerning its USDC stablecoin.

A new injection of $250 million in USDC stablecoins has ignited speculation in the market.

Machi has deposited 100,000 USDC into HyperLiquid to enhance his long position in ETH, utilizing 25x leverage.

Binance Pool has launched a special campaign aimed at BTC miners in Turkmenistan. Participants who boost their average BTC hashrate on the platform will have the chance to share in rewards totaling 2,000 USDC.

Nedbank has announced a strategic partnership with Crypto.com to develop blockchain-based payment, settlement, and liquidity solutions throughout Africa.

In 2026, the most widely used stablecoins are USDT, USDC, and DAI. A comparison of these stablecoins highlights their market capitalization, transparency, adherence to regulations, and support across various exchanges.

Hana Financial Group is enhancing its efforts in stablecoin payments in South Korea by launching a promotional campaign for foreign visitors that utilizes USDC.

Cardano's price is experiencing significant movement this week, with the total value locked (TVL) reaching $180 million. This surge is attributed to the debut of USDCx and the upcoming launch of the Midnight mainnet.