USDC in the spotlight: latest news

CyberScope, the Web3 security division of TAC InfoSec Limited, has been officially approved and added to the USDC Issuer Circle. This partnership aims to enhance the secure and compliant infrastructure for stablecoins.

A recent $618,000 BTC-to-USDC swap on THORChain demonstrated the platform's commitment to blockchain transparency by revealing every transaction detail to the public in real time. The swap included a 50 basis point fee from GemWallet, which was clearly displayed throughout the process.

Analyst Phyrex Ni has evaluated the recent actions of the US Securities and Exchange Commission (SEC) concerning stablecoins. This development is perceived as a positive sign for the cryptocurrency market.

Modern Treasury, a provider of payments operations software, has launched a new integrated payment service that accommodates both traditional fiat currencies and stablecoin settlements.

Circle stock dropped 10% due to concerns that declining interest rates could negatively affect future revenue, despite the company reporting a strong quarterly earnings performance.

Coinbase has announced an expansion of its crypto lending services to include XRP, DOGE, ADA, and LTC as part of its "Everything App" initiative. The company initially allowed users to borrow against their Bitcoin holdings in 2025 and later extended this service to Ethereum in November of the previous year.

SBI Holdings, a Japanese financial conglomerate, is launching a blockchain-based bond offering worth 10 billion yen for retail investors. This innovative bond will include rewards in XRP, aiming to attract more individuals to invest in digital assets.

The SEC has reduced the haircut on payment stablecoins, such as USDC and USD1, to 2% in an effort to encourage adoption. This adjustment enables broker-dealers to hold these stablecoins without severely affecting their capital ratios.

IoTeX has provided an update regarding the recent security incident, confirming that the team has managed to control the associated risks. The incident resulted in an estimated loss of approximately $2 million. Deposits and withdrawals are expected to resume within the next 24 to 48 hours.

Tether has announced the discontinuation of its offshore Chinese yuan-backed stablecoin, CNH₮, stating that it will halt the issuance of new tokens immediately.

Coinbase One users can now earn weekly rewards of 3.5% on USDC, which can be paid in either Bitcoin or USDC, without requiring a minimum balance or deposit accounts.

USDC is a stablecoin pegged to the US dollar, designed to maintain its value over time. Investors have the opportunity to earn yield on their USDC holdings, similar to other investment options.

In times of market uncertainty, attention shifts from price to stablecoins, as they indicate investor intentions and where capital is allocated. Binance has reported a 31% year-over-year increase in its trust stablecoin reserves, reflecting growing confidence among users during volatile periods.

On-chain data reveals that address 0xaCB deposited $5 million USDC into HyperLiquid, boosted its holdings by 2,978.17 GOLD contracts valued at $15.21 million, and initiated a short position on SILVER.

A whale identified by the address “AHdUMw” has spent 10.26 million USDC to acquire 121,368 SOL, as reported by ChainCatcher and monitored by Lookonchain.

The SEC has reduced the haircut on payment stablecoins to 2% to encourage their adoption. This adjustment allows broker-dealers to hold stablecoins like USDC and USD1 without greatly affecting their capital ratios, in contrast to the previous 100% haircut policy.

Foresight News reported that Circle's official website indicates an increase of approximately 700 million USDC in supply over the past week, with around 5.3 billion USDC issued and about 4.6 billion USDC withdrawn.

Dogecoin is currently trading near $0.10 as Coinbase introduces lending for XRP and DOGE in USDC through Morpho on the Base platform. Analysts are monitoring the support level at $0.0975.

10x Research highlighted that crypto concept stocks have exhibited varying performance trends, with Circle maintaining a position above short- and mid-term moving averages. The expansion of the USDC ecosystem and increased institutional accumulation are contributing factors to this positive performance.

Circle has introduced an innovative Nanopayments system designed for ultra-low USDC transfers, specifically catering to AI agents and online commerce.

XRP has fallen below the $1.40 support level, despite expectations of a significant boost following Coinbase's announcement that users can borrow up to $100,000 in USDC by using XRP, Dogecoin, and Cardano as collateral.

The SEC has cut the capital haircut on payment stablecoins from 100% to 2% as part of its commitment to regulate the market following the passage of the GENIUS Act.

Bybit EU has introduced new fixed-term Earn products for USDC and EURC, along with a "Consistency Counts" trading contest aimed at promoting responsible cryptocurrency usage.

USDC trading volume has surged twentyfold over the past 18 months, with Polygon and Base accounting for 68% of all USDC transactions, according to data from ChainCatcher and Dune Analytics. This significant increase in transaction activity highlights the growing popularity and adoption of USDC across various networks.

Bybit EU is enhancing access to USDC and EURC by introducing new fixed-term Earn products. Additionally, the platform is launching a "Consistency Counts" trading contest to encourage responsible cryptocurrency usage.