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Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

The stablecoin economy has soared to an unprecedented zenith this week, buoyed by a $10.28 billion expansion in March, propelling its total valuation to $234.60 billion. Concurrently, Circle’s USDC has…

Continue ReadingStablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

USDC Gains Ground on Binance as Regulatory Changes Challenge Tether’s Dominance

Binance is seeing a rising dominance of USDC as regulatory changes reshape the stablecoin market. A year ago, USDC accounted for just 0.48% of Binance’s stablecoin distribution, dwarfed by USDT’s…

Continue ReadingUSDC Gains Ground on Binance as Regulatory Changes Challenge Tether’s Dominance

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA).…

Continue ReadingUSDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins