USDC

Stories tagged USDC.

Business

Circle Targets 40 Emerging Markets for USDC; Both Reports Trace to One Reuters Interview

Circle CEO Jeremy Allaire told Reuters USDC will push into about 40 emerging markets. Two outlets carry it, but both trace back…

Regulation

Circle, Tether Freeze $318K Tied to Bitget Hack; Bulk Sits in Unfreezable ETH

Two stablecoin issuers blacklisted a wallet tied to the Bitget breach, locking about $318,000 while most stolen funds sit in ETH.

Bitcoin

Coinbase Confirms Fixed-Rate BTC-Backed USDC Loans via Morpho Midnight

Two independent outlets confirm Coinbase's fixed-rate bitcoin-backed loans through Morpho Midnight, letting users borrow USDC against BTC holdings.

Business

Coinbase Engineer’s Simulated Fly Brain Trades $100 in Crypto, Down About $1

A Coinbase engineer wired a simulated fly-brain connectome into live trading; the $100 BTC, ETH, SOL and USDC stake is down roughly…

Business

Circle’s USDC Reserves Hit $34.5B, Topping Circulating Token Supply

Circle's latest Deloitte-reviewed attestation puts USDC reserves at $34.5B, above circulating supply, though only one outlet has reported the figures so far.

Business

Circle’s USDC Becomes Chelsea FC Shirt Sponsor: Two Sources, One Confirmed Fact

Circle and Chelsea FC confirm a Principal Partnership putting USDC on jerseys this season. A reported 4-year sponsor gap remains single-sourced.

Business

Bernstein Keeps $140 Circle Price Target, Flags 59% Upside Without Clarity Act

Bernstein reiterates Outperform on Circle (CRCL) with a $140 target, citing rebounding USDC supply and stablecoin volume growth.

Business

Circle’s Arc Lands BlackRock, Visa, Mastercard as Validators for Sept 16 Launch

Circle names 11 founding validators for its Arc blockchain ahead of a Sept 16 mainnet launch, as USDC supply sits at $73.3B.

Business

Mastercard Tests Crypto Credential Pilot Days After $1.8B BVNK Deal Closes

Mastercard and Borderless pilot shared identity checks for cross-border stablecoin transfers, days after Mastercard's $1.8B BVNK acquisition closed.

Business

Circle Q2 Revenue Hits $701M, Misses Estimates, Yet Shares Jump 10%

Circle's Q2 revenue rose 7% to $701M but missed forecasts; USDC hit $73.3B and shares surged on Arc blockchain progress.