USDC Circulation Grew 78% in 2024: Report
USDC issuer Circle has reported that the stablecoin’s circulation increased by 78% in 2024. The uptick made USDC the fastest-growing fiat-pegged crypto asset by market capitalization in the last 12…
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Nubank Expands USDC Rewards Program to All Customers
Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to…
Circle Reports $18 Trillion in Lifetime USDC Transactions
The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth…
Revenue-Sharing Stablecoins Poised for 10x Growth by 2025, Predicts Delphi Digital
Stablecoins have experienced tremendous growth last year. Their collective market cap recently hit a milestone of $200 billion. Beyond the popular ones such as Tether’s USDT and Circle’s USDC, industry…
USDC Supply Surges 80% from 2023 Lows: Circulation Grows Across Solana, Ethereum Layer 2s
Circle’s USDC has experienced a significant resurgence as its total circulating supply surged by 80% from its 2023 lows. As revealed by Blockwork’s data analytics manager Dan Smith, the stablecoin’s…
Euro-Backed Stablecoins Flourish Post-MiCA, Reach €800M in Monthly Volumes
In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the Markets in Crypto-Assets Regulation (MiCA). In fact, these…
Circle and Binance Partner to Drive Global USDC Adoption and Battle USDT
On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase. The collaboration comes as stablecoins gain…
Stablecoins Becoming Increasingly Viable as Staking Collateral, Research Shows
The research, which focuses on Circle’s USDC stablecoin, is part of a series of posts on restaking by crypto research firm Gauntlet. USDC Provides Unique Benefits as Restaking Collateral Restaking…
USDT Adoption Surges: Outpaces Bitcoin and Nears Ethereum in Wallet Count
USDT emerged as a leading digital asset in Q4 2024, with 109 million on-chain wallets holding it, more than double the number for Bitcoin and nearing the 128 million wallets…
USDC Stablecoin Issuer Circle Announces Layoffs Amid Operational Review
Circle Internet Financial Ltd., the company behind the second-largest stablecoin in the cryptocurrency market USDC, announced layoffs following a routine operational assessment. According to the Bloomberg report, the job cuts…
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