Stablecoin Market Sheds $892M as KelpDAO Breach Triggers DeFi Unwind
The stablecoin market has kept a muted tone in the wake of the recent KelpDAO breach, with $892 million flowing out of the sector. Even after the drawdown, the market…
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Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit
Gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core market after a…
Circle Draws Backlash for Aave USDC Rate Hike Proposal
Circle is facing a wave of criticism after a proposal linked to its chief economist suggested sharply increasing USDC borrowing costs on Aave, as the lending pool grinds through a…
Circle, OSL Expand USDC Access as Asia Cross-Border Demand Grows
Institutional access to digital dollar liquidity is growing as cross-border settlement demand rises and stablecoins gain a larger role in market infrastructure. OSL Group and Circle are expanding USDC use…
Circle Launches USDC Bridge for Native Cross-Chain Transfers Across EVM Networks
Circle launched the USDC Bridge this week, giving users a direct, Circle-operated interface to move native USDC across supported blockchains without wrapped tokens, liquidity pools, or manual route selection. Key…
Analyst Defends Circle’s No-Freeze Stance on $280M Drift Hack Funds
The bad press facing stablecoin issuer Circle, following the $280 million exploit on the Solana trading protocol Drift, has gone up a notch after a California-based legal group filed a…
Circle Faces Lawsuit After Drift Exploit Over Claims It Took No Action to Freeze the Funds
Crypto infrastructure providers are under rising pressure as a new lawsuit tests whether technical control can bring legal responsibility after a major hack. The case against Circle could influence how…
Stablecoin Market Crosses $320B as Tether USDT Dominance Falls 2.5% in 2026
On Thursday, April 16, data compiled by defillama.com indicates the stablecoin sector has now surpassed the $320 billion threshold, following $2.54 billion in inflows recorded over the past seven days.…
Report: China Yuan Stablecoin Could Arrive in 3 to 5 Years, Circle CEO Says
Circle CEO Jeremy Allaire told Reuters on Thursday that a yuan-backed stablecoin represents a “tremendous opportunity” for China as currency competition shifts onto blockchain infrastructure. Key Takeaways: Circle CEO Jeremy…
Circle, Dunamu Partner on Crypto Education in South Korea
Circle and Dunamu have signed a partnership to promote digital asset education in South Korea. The collaboration aims to strengthen trust and regulatory alignment in the local crypto market. Key…
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