USDC in the spotlight: latest news

Circle has launched a new digital metals platform that allows users to swap tokenized gold and silver using USDC. This innovative service aims to enhance access to precious metals through blockchain technology.

Bybit has announced the delisting of the GALA/USDC spot trading pair, a significant update for cryptocurrency traders.

Fasanara Capital acquired 6,569 ETH in the last two days for a total of $19.72 million and has deposited these assets into the Morpho platform.

Fasanara Capital has acquired 6,569 ETH and borrowed $13 million in USDC through Morpho, indicating increasing institutional confidence in Ethereum and decentralized finance (DeFi).

A significant event has unfolded in the cryptocurrency market, with the minting of 250 million USDC. This large-scale movement has implications for the broader crypto landscape.

A trader recently deposited 600,000 USDC into Hyperliquid to initiate a long position on Ethereum after a three-month period of inactivity, according to monitoring data from Odaily and Onchain Lens.

USDC facilitates stable digital payments and blockchain transactions while promoting the development of innovative Web3 payment solutions. Various use cases showcase its effectiveness in enhancing transaction efficiency.

Klarna has partnered with Coinbase to facilitate stablecoin funding, while DeepSnitch AI has experienced a remarkable 96% surge in its presale, positioning it as a leading cryptocurrency to consider purchasing ahead of its launch in January.

The recent minting of 250 million USDC stablecoins has garnered significant interest within the cryptocurrency community.

Mono Protocol has successfully launched its product that facilitates seamless swaps between USDC and ETH across different blockchain networks. The Stage 21 presale in New York, USA, has garnered significant attention, reaching $4.2 million, indicating strong interest in the platform's capabilities.