USDC in the spotlight: latest news

On-chain data indicates that approximately $94 million USDC was transferred to Coinbase from wallets associated with TRUMP Coin. This development has raised concerns about a significant sell-off and the future of the project.

USDC Treasury, the issuer of USDC, has burned 50 million USDC on the Ethereum blockchain, which is valued at around 50 million US dollars, according to whale data.

Coinbase is collaborating with BC Card to test a payment solution that integrates a domestic QR payment platform with USDC on the Base platform, which is incubated by Coinbase. BC Card indicated that this initiative aims to enhance payment options.

Onchain analysts monitoring the Official Trump (TRUMP) memecoin on Solana reported significant transfers totaling $94 million in USDC to Coinbase in December from wallets associated with the “Official Trump” team.

The TRUMP Meme Team transferred an additional $33 million USDC from its liquidity pool to Coinbase today, bringing the total amount moved to $94 million over the past 30 days.

Intuit has partnered with Circle to transform global financial solutions by integrating USDC, which aims to improve payment efficiency and streamline transactions.

A remarkable transfer of $348 million USDC from Coinbase Institutional has generated considerable interest in the market, highlighting a major on-chain event.

A significant crypto whale, known as 0x47e, has deposited 2,000,000 USDC and opened a 3x leveraged short position in LIT, according to Onchain Lens monitoring.

Ethereum has achieved a significant milestone by deploying 8.7 million contracts in a single quarter. Despite a lackluster performance in Ether prices, more developers are opting for Ethereum as their preferred settlement layer.

An address has deposited 4.35 million USDC into Hyperliquid within the last two hours, making it the largest holder of LIT short positions. This move involves opening million-dollar short positions, anticipating a decline in prices.

On December 30, BlockBeats News reported that whale address "0x47e" deposited 2 million USDC and initiated a 3x short position on LIT. Additionally, another whale address invested 1.5 million USDC and also opened a short position on the same asset.

On December 30, on-chain analyst MLM (@mlmabc) reported that Justin Sun withdrew approximately 5.2 million USDC. Following this withdrawal, he proceeded to purchase around 1.66 million LIT.

Two whale addresses have deposited significant amounts of USDC, with one address, '0x47e', contributing 2 million USDC to initiate a threefold leveraged short position on LIT, while another address added 1.5 million USDC to the same strategy.

A significant whale transferred $4.35 million USDC to HyperLiquid and initiated a 1x short position on LIT with an entry price of $2.74, resulting in a floating loss of $200,000.

$LIT is experiencing significant selling pressure as large investors, known as whales, have initiated leveraged short positions exceeding $3 million USDC on the Hyperliquid derivatives platform. On-chain data indicates that this asset has garnered considerable attention due to these substantial short positions.

On December 30, COINOTAG News reported that an on-chain analyst known as Ai Auntie (@ai_9684xtpa) revealed that a whale deposited 4.35 million USDC into Hyperliquid. The whale subsequently opened a short position of 1,110,677 LIT at a price of $2.74, resulting in an unrealized loss of $25,000.

Circle, the public company that issues USDC, is set to launch Arc, a new stablechain designed to compete in the stablechain market. This upcoming Layer 1 chain aims to provide innovative solutions in the blockchain space.

The USDC Treasury was destroyed on the Solana chain, resulting in the minting of approximately 98,469,098 USDC on the Ethereum chain, according to Whale monitoring.

Binance Square is encouraging users to celebrate their trading highlights or reflections from 2025 for an opportunity to win a share of 5,000 USDC as the year concludes.

Circle's USDC, a key player in the stablecoin market, is experiencing a significant reduction in its circulating supply. Recent blockchain data indicates that this contraction is affecting overall market dynamics.

Binance experienced significant outflows totaling $2.68 billion in USDC between November 24 and December 22.

The USDC Treasury has reduced its supply by burning $51 million worth of tokens on the Solana blockchain, even as demand for the stablecoin increases. Simultaneously, the Treasury minted 90 million USDC on Ethereum.

BC Card and Base are piloting USDC payments in South Korea, which could enhance daily commerce by improving efficiency and promoting economic freedom.

Intuit has announced plans to integrate Circle's USDC stablecoin infrastructure into its products, including TurboTax, QuickBooks, and Credit Karma, to facilitate stablecoin payments.

The FUNToken team has announced the launch of a new FUN/USDC Spot trading pair on MEXC, which will go live on December 23, 2025, at 09:00 (UTC). Trading on this pair will be offered with zero fees.