USDC in the spotlight: latest news

Kamino, the lending protocol within the Solana ecosystem, has officially launched Season 5. Additionally, token rewards for Season 4 will start unlocking on November 12.

According to on-chain analyst @ai9684xtpa, the largest ZEC short position added $36.814 million in margin within 24 hours, resulting in an unrealized loss of $18.04 million, even as the ZEC price surpassed $750.

By 2025, Hyperliquid has established itself as a leading player in decentralized finance (DeFi), presenting a formidable challenge to both traditional finance and other cryptocurrency platforms.

Hyperliquid, a leading decentralized exchange, is testing its new lending protocol, called BLP (BorrowLendingProtocol), on the Bitget cryptocurrency platform.

The Hyperliquid team is reportedly testing a new protocol called BLP on the Hypercore testnet, which may lead to the launch of a native lending market.

Gemini has introduced XRP trading with leverage of up to 100x and no expiration date across Europe. This surge in XRP derivatives is reshaping the global cryptocurrency landscape as exchanges innovate with leveraged options, providing traders with significant exposure to the market.

An on-chain analyst, @ai_9684xtpa, reported that the largest short position on Hyperliquid ZEC increased its margin by adding 4 million USDC seven hours ago.

Circle has minted an additional 1.25 billion USDC tokens on the Solana network, highlighting Solana's expanding significance in the stablecoin sector within the decentralized finance (DeFi) ecosystem.

Templar has launched on the Stellar network, allowing users to borrow USDC by using XLM as collateral without any wrapping barriers. While XLM is showing signs of a slight recovery, it continues to face bearish indicators.

The native USDC supply on the Polygon network has reached approximately $640 million, nearing its historical peak, according to a report by Jinse Finance and Token Terminal.

Hana and MoneyGram have partnered to facilitate USDC-to-cash withdrawals throughout Southeast Asia, providing a fast and cost-effective way to access local currency without the need for banks.

Equals Money, in collaboration with Railsr and BVNK, has introduced functionality that allows businesses to accept USDC stablecoin payments without the need to manage cryptocurrency directly. This service provides rapid settlement times, with transactions completed in as little as thirty seconds.

A significant creation of 250 million USDC stablecoins has taken place, raising questions about its implications for the cryptocurrency markets. This large minting event could influence market liquidity and trading dynamics, highlighting the ongoing evolution of stablecoins within the financial ecosystem.

Circle has revised its policy to permit lawful firearm purchases using USDC. This decision follows concerns voiced by gun rights groups and lawmakers regarding financial discrimination against responsible gun owners.

Circle has announced that it will enable firearm purchases using USDC, sparking renewed discussions about the role of cryptocurrency in relation to neutrality, compliance, and individual freedom.

According to Jinse Finance, data from Lookonchain indicates that USDC Treasury minted 1.25 billion USDC on the Solana chain within the last 24 hours.

A crypto investor purchased $8.3 million worth of HYPE tokens on Hyperliquid by transferring $14 million USDC, indicating an increase in institutional confidence in decentralized finance (DeFi).

A significant event is unfolding in the crypto markets as $250 million worth of USDC has been minted. This substantial move is capturing the attention of investors and analysts alike, raising questions about its potential impact on market dynamics.

Circle has updated its USDC stablecoin terms of service to permit users to purchase firearms and weapons that adhere to applicable laws. The previous policy prohibited such transactions.

Circle has updated its USDC policy to permit legal firearm transactions, receiving political support and sparking renewed discussions on financial neutrality.

Circle, the issuer of the USDC stablecoin, has retracted its policy that banned firearm purchases after facing significant political backlash.

Circle has announced that it now allows legal firearm purchases using the USDC stablecoin, with the only restriction being the prohibition of transactions that violate applicable laws.

Tangem has introduced Tangem Pay, allowing users to spend USDC directly from their self-custodied wallets with a virtual Visa card. This service ensures that funds remain on-chain while facilitating seamless transactions.

Circle has updated its Terms of Service to permit legal firearm purchases using USDC. An industry expert commented that this policy reversal indicates that stablecoins are subject to political influences.

Circle has updated its USDC policy to permit legal firearm purchases following pressure from lobbyists. The decision reflects a significant shift in the company's stance regarding the use of its stablecoin for such transactions.