Search results for "USDC"

Circle has added 250 million USDC tokens on the Solana network.

According to the Gate News bot, blockchain data shows that Circle has issued 250 million USDC stablecoin on the Solana network. Statistics indicate that, to date, Circle has cumulatively issued 17.5 billion USDC tokens on the Solana network.
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Circle applies to establish a national Digital Money bank, focusing on the custody of USDC and tokenization assets.

Gate News bot message, Reuters reported that stablecoin company Circle has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish the "First National Digital Currency Bank, N.A." national trust bank. This application is one of the supporting measures for Circle's IPO plan. After obtaining the license, Circle will have the autonomous custody rights of USDC reserves.
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Circle has burned 250 million USDC on the Solana blockchain.

Gate News bot message, latest news: Circle has completed the destruction of 250 million USDC on the Solana chain. According to on-chain data, as of now, Circle has burned a total of 16.75 billion USDC on the Solana network.
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USD1 single-day volume hit a new high, surpassing USDC for the first time at 3.37 billion USD.

Gate News bot message, according to WLFI news, USD1 has set a new milestone, with its 24-hour volume surpassing USDC for the first time, reaching a historical high of 3.37 billion USD.
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The trading volume of stablecoin USD1 has surpassed USDC for the first time, reaching a new high and ranking second globally.

Gate News bot message, on June 30, the Trump family's encryption project WLFI announced through the X platform that the 24-hour volume of the stablecoin USD1 reached 3.37 billion USD, setting a new historical high, exceeding the trading scale of USDC for the first time. Data shows that USD1 has now become the second largest trading volume stablecoin in the world, next to USDT. Source: PANews.
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JPMorgan covers Circle stock for the first time, setting a target price of $80.

According to Gate News bot, Cointelegraph reported that JPMorgan recently released a research report, analyzing Circle's stock for the first time and giving it a "reduce" rating. The report sets a target price of $80 for December 2026, which is 55% lower than the current stock price of $180. This pricing is based on a 45 times valuation of the expected earnings per share for 2027, plus an additional $10.
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JPMorgan Chase issues its first rating on Circle's stock: assigns a "Reduce" rating and sets a target price of $80 by the end of 2026.

Gate News bot message, According to reports, on June 30, the JPMorgan analyst team rated Circle (CRCL) stock for the first time, giving it a "Underweight" rating and setting a target price of $80 for December 2026. This target price is 55% lower than Circle's current stock price of $180. Analysts believe that despite Circle's emergence in the stablecoin sector.
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Whale AguilaTrades closed half of the short order and withdrew 1.1 million USDC back to Arbitrum.

Odaily News Hypurrscan data shows that 6 minutes ago, Whale AguilaTrades closed half of its 20x short order and withdrew 1.1 million USDC to Arbitrum. Currently, its short order position is valued at 53.92 million USD, with a liquidation price of 124580 USD.
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The mysterious wallet made a large deposit into HyperLiquid, investing 13.56 million USDC to go long on HYPE Token.

Gate News bot message, in the past 8 hours, two associated wallets deposited a total of 13.56 million USDC to HyperLiquid exchange, and went long on HYPE Token with 5x leverage. Currently, these wallets hold a position of 630,000 HYPE Tokens (worth approximately 25.4 million USD), with a profit of 132,000 USD. Their liquidation prices are 19.26 USD and 19.86 USD.
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Stablecoin service provider APACX joins the Circle Alliance Program to expand its business in Southeast Asia.

Gate News bot message, according to Foresight News, the Southeast Asian stablecoin operating service provider APACX has officially become a member of the Circle Alliance Program. The Circle Alliance Program is a global alliance created by the stablecoin issuer Circle, bringing together partners from fintech, electronic payments, and blockchain. �
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Circle signed a SPA with a market capitalization of $58 billion.

Gate News bot message, Circle achieves a valuation of $58 billion through a merger agreement with Concord Acquisition Corp's SPAC. This transaction reflects the current market demand for stablecoins. According to public disclosure, Circle announced on July 8 that it had reached a SPAC merger agreement with Concord Acquisition Corp. USDC, as Circle's main business...
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Hong Kong media: Circle recorded a rise of over 5 times in the month since its listing, and Everbright Holdings has been its shareholder since 2016.

According to Jinse Finance, as reported by Hong Kong media Hong Kong Commercial Daily, Circle, the issuer of the world's second-largest stablecoin USDC, was listed on the New York Stock Exchange on June 5, recording a rise of over 5 times in just over a month. It is reported that Everbright Holdings became a shareholder of Circle in 2016, and Huaxing Capital invested in Circle in 2018. Analysts point out that the stablecoin's "iPhone moment" is approaching investors at a visibly rapid pace, and the market generally believes that stablecoins are expected to reshape the global payment and financial landscape.
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Large Investors sell 215,000 HYPE Tokens, cashing out 8.37 million USDC

According to the on-chain data from the Gate News bot, a Large Investor sold all of their 215,850 HYPE Tokens for 8.37 million USDC on the HyperLiquid platform, and then withdrew all the funds from the platform. This investor had previously deposited 8.768 million USDC into the HyperLiquid platform on July 3, at a unit price of 40.13 USD.
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Crypto Assets Whale invested 4.5 million USDC to purchase Fartcoin.

According to Gate News bot, on-chain data shows that a crypto assets whale purchased 3.72 million Fartcoin Tokens through two newly created wallets at a price of approximately $1.22, with a total investment amount of 4.53 million USDC. The transaction occurred 18 hours ago.
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A certain Whale deposited 10 million USDC into Hyperliquid in the last half hour to buy HYPE Spot and go long on HYPE.

BlockBeats news, on July 6, according to Lookonchain monitoring, Whale 0xE2f8 deposited 10 million USDC into Hyperliquid in the past 30 minutes to buy HYPE Spot and go long HYPE. Currently, this Address holds HYPE Spot worth 1.18 million USD and has 10 times HYPE long order worth 5.75 million USD.
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Large holders deposit 10 million USDC into Hyperliquid to purchase HYPE Token.

Gate News bot message, within 30 minutes, a large holder with address 0xE2f8 deposited 10 million USDC to the Hyperliquid platform for spot purchase of HYPE tokens and to go long on HYPE tokens.
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In the second quarter, the USDC Treasury minted a total of 5.5 billion USDC on the Solana blockchain.

According to a report by Jinse Finance, data from SolanaFloor shows that in the second quarter, the USDC Treasury minted a total of 5.5 billion USDC on the Solana blockchain.
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A newly created Address deposited 4.16 million USDC into HyperLiquid, going long 10 times on HYPE.

According to Golden Finance, Onchain Lens monitoring reports that a newly created Wallet has deposited 4.16 million USDC into HyperLiquid and opened a HYPE long positions with 10x leverage.
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New position in Wallet: 4.1 million USDC entered HyperLiquid and opened HYPE ten times leverage long positions.

Gate News bot message, a new wallet deposited 4.16 million USDC into the HyperLiquid platform, and then opened a ten times leverage long position on HYPE Token.
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$2 trillion stablecoin market battle: Is the Renminbi challenging the dominance of the US dollar?

With the recent passage of the GENIUS Act in the United States, Chinese tech giants are seeking to balance the rising dominance of dollar-pegged digital currencies. At the heart of this competition is the stablecoin market, which could reach a scale of 2 trillion dollars in the future.
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Gyroscope: The new dynamic liquidity pool performs strongly in the ETH/USDC market, with returns exceeding Uniswap and Aerodrome.

BlockBeats news, on June 27, June 25, 2025, the Gyroscope team announced on Twitter that the new dynamic concentrated liquidity pool has been performing exceptionally well in the Base chain ETH/USDC market. Since its launch, the market-making returns have been significantly higher than those of Uniswap and Aerodrome liquidity pools (referencing Dune's data), bringing higher returns to liquidity providers. The design of the Gyroscope dynamic concentrated liquidity pool allows for
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Retail investors in South Korea have invested nearly $450 million in Circle stocks this month.

Circle Internet Group is highly sought after among retail investors in South Korea, with a cumulative purchase of $450 million in June, and its stock price has risen over 500% since its listing. This phenomenon is related to the reform of the legalization of the Korean won stablecoin, and KakaoPay's stock price also rose by 160% during the same period.
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A Whale deposited 20 million USDC into Hyperliquid, spending 5.97 million USD to buy 165,366 HYPE.

According to Jinse Finance, Spot On Chain monitored that 7 hours ago, a Whale deposited 20 million USDC into Hyperliquid and has spent 5.97 million dollars to buy 165,366 HYPE at an average price of 36.08 dollars. The Address is still continuously building a position.
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A Whale deposited 20 million USDC into Hyperliquid and purchased 5.97 million HYPE.

According to Gate News bot, monitored by Spot on Chain, 7 hours ago, a Whale user deposited 20 million USD USDC into Hyperliquid, and then spent 5.97 million USD to purchase 165,366 HYPE at an average price of 36.08 USD.
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Asian banks seek stablecoins such as USDT and USDC to prevent deposit outflows

According to Gate News bot and CoinDesk, Asian banks are increasingly viewing stablecoins like USDT and USDC as defensive tools to prevent deposit outflows and losses in transaction income. Behind the scenes, stablecoins have been playing an important role in the financial channels of the region.
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Circle has recently continued to remove on-chain USDC from Centralized Exchanges on Solana.

Gate News bot message, according to on-chain data, Circle has just removed 250 million USDC on the Solana chain through centralized exchange. In the past month, Circle has removed a total of 2 billion USDC on the Solana chain through centralized exchange.
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Circle destroyed 250 million USDC on the Solana Blockchain.

Gate News bot message, the data shows that Circle has just burned 250 million USDC tokens on the Solana blockchain. Statistics indicate that as of 2025, Circle has cumulatively burned 17.25 billion USDC tokens on the Solana blockchain.
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Data: Circle issued 250 million USDC on the Solana blockchain.

According to ChainCatcher news, on-chain data shows that Circle issued 250 million USDC on the Solana blockchain 3 minutes ago.
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Circle issued 250 million USDC on the Solana chain.

According to ChainCatcher news, on-chain data shows that Circle issued an additional 250 million USDC on the Solana chain 3 minutes ago.
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In the first half of the year, stablecoins accounted for 74.6% of the total volume of institutional OTC Trading, with USDC trading volume rising 29 times year-on-year.

Finery Markets' latest report shows that in the first half of 2025, stablecoins accounted for 74.6% of institutional OTC Trading volume, a significant rise. USDC volume increased 29 times year-on-year, driving the rapid expansion of stablecoin trading. Overall OTC Trading volume increased by 112.6%, with stablecoin and Crypto Assets trading pairs experiencing a surge in liquidity, indicating that stablecoins are the fastest growing segment of the crypto market.
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In the first half of the year, stablecoins accounted for 74.6% of the total volume of institutional OTC Trading, with USDC trading volume rising 29 times year-on-year.

The Finery Markets report shows that stablecoins accounted for 74.6% of institutional OTC Trading in the first half of 2025, a significant rise. USDC's volume increased 29 times driven by new regulations. Overall OTC Spot trading volume grew by 112.6%, with stablecoins rising by 154%. Stablecoins have become the fastest-growing segment in the crypto market.
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A whale address deposited USDC into the Hyperliquid platform and made a large purchase of HYPE tokens.

Gate News bot message, a whale with the address 0x7E…0107 deposited 8.7688 million USDC into the Hyperliquid platform at 5:06 UTC+8. According to HypurrScan data, the address subsequently used most of the funds to purchase 215,850.04 HYPE tokens at an average price of approximately 40.18 USD. Arkham data shows that the Whale Address 0x7E�
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User suspected of "fat finger" error lost 1.6 million dollars in Company Token within a minute.

Gate News bot message, according to GMGN data, a special transaction has attracted the attention of the Blockchain Community. Address 3xwRKt…HJVQwK invested a total of 1.6 million USD through three transactions to purchase approximately 443.9 million Company Tokens during the period from 5:41 to 5:42 UTC+8. Among them, in the transaction at 5:42:49, the address purchased 1.5957 million USD USDC in one go.
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Golden Finance reported that Circle minted 250,000,000 USDC on Solana 5 hours ago.

A Whale deposited 8.768 million USDC into HyperLiquid and bought 215,850 HYPE.

According to a report by Jinse Finance, Onchain Lens monitoring shows that a certain Whale deposited 8.768 million USDC into HyperLiquid and purchased 215,850 HYPE at a price of $40.13, with a total value of $8.66 million.
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Whale invested 8.7 million USDC to purchase a large amount of HYPE Token.

Gate News bot message, a large holder deposited 8.768 million USDC into the HyperLiquid platform and purchased 215,850 HYPE Tokens at a price of $40.13 each, with a total transaction amount reaching $8.66 million.
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Taurus launches Open Source stablecoin privacy technology based on USDC.

PANews June 26 news, according to CoinDesk, Swiss encryption custody technology company Taurus has launched a stablecoin privacy layer based on zk-SNARKs, initially supporting Circle's USDC. This technology is developed based on the privacy-oriented Aztec Network, enabling encrypted transactions and balances that can only be read by authorized parties such as issuers and regulatory agencies, effectively preventing unauthorized monitoring and user information leakage.
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Crypto Assets accomplice Taurus launches privacy-enabled stablecoin contract

Odaily News The crypto asset custody agency Taurus has launched a privacy-enabled stablecoin contract to address the privacy issues of financial institutions and enterprises. This contract is built on the Ethereum Layer 2 Aztec network, combining zero-knowledge privacy with compliance features similar to USDC. Taurus states that by 2030, the stablecoin market size could rise to $1 to $2 trillion. (CoinDesk)
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xStocks stock token SPYx volume leads, USDC on-chain liquidity breaks 1.1 million USD

Gate News bot message, SP500 (SPYx) has become the highest volume stock token on the xStocks platform, with its USDC on-chain liquidity exceeding $1.1 million. According to Solscan data, a suspected xStocks stock token market maker with address B8NonL…SXtjLB injected approximately 895,000 into the SPYx/USDC trading pair from June 30, 20:59 to the next day 1:22 UTC+8.
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A Whale deposited 15.66 million USDC into Hyperliquid and shorted ETH with 10x leverage.

Whale "0xFa5" deposited 15.66 million USDC into Hyperliquid after incurring a loss of 3.56 million USD, and is shorting ETH with 10x leverage. Currently, its ETH Position is 28,679, with an entry price of 2,443.92 USD and a liquidation price of 2,930.62 USD.
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Stablecoin Revolution: Crypto Assets Challenge the Dominance of Visa and Mastercard, Can They Reshape the Global Payment Industry Landscape?

Traditional payment giants Visa and Mastercard are facing strong challenges from tech companies and crypto startups! Stablecoins, with their ultra-low fees, instant settlement, and core advantages of bypassing intermediaries, are making a strong entry into the $100s of billions payment market. How will this transformation affect merchant costs, consumer experience, and the practical application of Crypto Assets? This article will provide a deep analysis of this "huge change" in the payment sector.
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Large investors inject millions of USDC to open GRASS long positions.

Gate News bot message, a large encryption investor deposited 1.01 million USDC into the HyperLiquid exchange, and then opened a long position on GRASS Token with 5x leverage. This operation occurred after the Address had not conducted any trades for 3 months.
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The FATF warns of the criminal risks of stablecoins, and executives in the encryption field say: it is not aimed at the encryption industry.

PANews July 1st news, the Financial Action Task Force (FATF) recently warned of a rise in crime related to stablecoins, but executives from blockchain intelligence companies stated that this is not a threat to the Crypto Assets industry, but rather emphasizes the need to strengthen regulation and monitoring. Executives from Chainalysis and Asset Reality believe that this warning is aimed at promoting unified licensing and regulation for stablecoin issuers, enhancing real-time monitoring and international cooperation to track and combat illegal flows of funds, rather than prohibiting the development of stablecoins. Chainalysis data shows that the 2025 cryptocurrency crime report indicates that 63% of on-chain illegal transaction volume is denominated in stablecoins. Experts point out that the transparency and traceability of stablecoins make them not the best choice for criminals, while centralized stablecoin issuers also have the ability to freeze illegal funds, such as Tether freezing $225 million of US.
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ZachXBT accuses Circle of failing to take action against USDC payment activities related to North Korea.

PANews reported on July 1 that on-chain detective ZachXBT stated that Circle and USDC are used as the primary payment infrastructure by North Korean IT workers, but no measures have been taken to detect or freeze related activities, while claiming compliance. He noted that recent transaction volume has reached high eight digits, yet no one is paying attention during the current "crime supercycle."
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On-chain detective reveals: North Korean IT workers are using USDC for payments.

Gate News bot news, on-chain data analyst ZachXBT disclosed through platform X that North Korean IT practitioners are widely adopting the stablecoin USDC issued by Circle as a payment tool. According to his investigation, the recent transaction scale reached tens of millions of USD. In his post, ZachXBT questioned Circle, pointing out that although the company emphasizes "Compliance", it is...
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ZachXBT: USDC has become the primary payment tool for North Korean IT personnel, Circle has not frozen related activities.

Odaily News On-chain detective ZachXBT posted on platform X, stating that the stablecoin USDC issued by Circle is widely used for payments by North Korean IT workers, claiming to have discovered that the recent transaction volume has reached tens of millions of USD. He criticized Circle for not taking any freezing or monitoring measures while claiming to be "compliant," sarcastically stating, "This is a crime Supercycle, and no one cares."
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Maple protocol integrates weETH, providing USDC loans and ETHFI rewards program

Gate News bot message, PANews reported on July 1 that the decentralized lending protocol Maple has now included EtherFi's weETH in its on-chain credit platform's collateral list. Currently, weETH serves as a re-staking asset in the DeFi space, with a total circulating supply of 5.3 billion USD. According to the announcement, Maple has established a 2% APY for the first batch of $50 million weETH loans.
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Circle is about to obtain a trust bank license in the United States.

Gate News bot message, on July 1st, stablecoin issuer Circle is applying for a U.S. trust bank license to create a new national trust bank entity. If approved, Circle will establish the first national digital currency bank, which can provide custodial services, including the custody of tokenized stocks and bonds. Circle CEO Je
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The TRUMP team removed $6.77 million worth of TRUMP and 374,608 USDC from liquidity.

Odaily News According to Onchain Lens monitoring, the TRUMP team removed 749,932 TRUMP (worth 6.77 million USD) and 374,608 USDC from liquidity.
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Data: The circulating supply of USDC has increased by about 400 million tokens in the past 7 days.

PANews, June 28 news, according to official data, in the 7 days ending June 26, Circle issued approximately 3.4 billion USDC and redeemed about 3.1 billion USDC, with a circulating supply increase of about 400 million. The total circulating supply of USDC is 61.6 billion, with reserves of approximately 61.9 billion USD, including about 8.6 billion in cash, and the Circle Reserve Fund holds about 53.3 billion.
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