Stablecoin Issuers Command 40% of December’s On-Chain Revenue
TL;DR Stablecoin issuers accounted for over 40% of on-chain revenue in December 2024, generating more than $664 million out of the $1.5 billion total. Tether...
Tag : circle
Circle Rolls Out CCTP V2: A Game-Changer for Cross-Chain USDC Transfers
TL;DR Circle has launched CCTP V2, an upgraded Cross-Chain Transfer Protocol, to address liquidity fragmentation and improve user experiences, making USDC transfers faster and more...
Stablecoin Issuers Target North Korean Hackers
TL;DR Stablecoin Issuers Act Against Lazarus Group: Tether, Circle, Paxos, and Techteryx have frozen wallets linked to North Korea’s Lazarus Group, seizing nearly $7 million...
Stablecoin Market Cap Hits Record $168 Billion
TL;DR Record Milestone: The stablecoin market cap has reached a historic $168 billion, marking 11 consecutive months of growth and surpassing the previous peak of...
Circle to Enable NFC Tap-and-Go Payments with USDC on iPhones Soon
TL;DR Circle will enable contactless payments with USDC on iPhones using NFC technology. Apple has opened up access to its NFC chip to third-party developers....
Hoskinson Alerts on Control of Stablecoins by Industry ‘Vampires’
TL;DR Charles Hoskinson warns about the dominance of companies like Circle and Tether in the stablecoin market, controlling 70% of transaction volume. Hoskinson highlights concerns...
Web3: Circle Offers New Services
The company Circle is expanding its horizons with the launch of new Web3 services: a smart contract platform and gas stations....
Circle Launches Native USDC on Polygon
In a significant development, Circle, the issuer of the US dollar stablecoin (USDC), has announced the launch of native USDC tokens on Ethereum’s layer 2...
Coinbase Buys Stake in Circle and Expands USDC Support
Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that it is acquiring a minority stake in Circle Internet Financial, the company...
Circle USDC Modifies Stablecoin Reserves to Avert U.S. Debt Defaults
Circle, the issuer of the world’s second-largest stablecoin, USD Coin (USDC), has adjusted its reserves treasury to reduce exposure to potential United States debt defaults...