Circle’s reserve engine absorbed a tough second quarter. Gross USDC redemptions exceeded mints by about $4 billion, and reserve yield slipped, while a larger balance base kept reserve income growing.…
USDC
-
-
OKX Europe has launched a one-way conversion feature allowing customers to deposit USDT and convert it into USDC, offering a regulated migration path as the European Union’s Markets in Crypto-Assets…
-
Make CryptoSlate preferred on Polymarket’s plan to roll out its own collateral token sounds, at first glance, like the kind of move that should eat into Circle’s USDC. A platform…
-
Key Takeaways: Circle introduces Nanopayments, allowing users to transfer USDC with no gas fee of any value size less than $0.000001 The system utilizes AT agents by processing off-chain payment…
-
Crypto Currency
TRUMP Meme Team Pulls $33M USDC Today, $94M in 30 Days, Sending All Funds to Coinbase
Key Takeaways: The official TRUMP Meme Team wallet moved another $33 million USDC from its liquidity pool to Coinbase today. Over the past 30 days, total withdrawals reached $94 million…
-
Key Takeaways Circle and Intuit have entered a multi-year deal to integrate USDC into TurboTax and QuickBooks. This integration enables tax refunds and business payouts through Circle’s stablecoin infrastructure. Share…
-
French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets.…
-
Crypto Currency
Pump.fun Funnels $436 Million in USDC Out of Solana Launchpad Amid $PUMP Token Collapse
Key Takeaways: On-chain data shows Pump.fun has moved $436.5 million USDC into the exchange Kraken since October 15, and $537.6 million USDC from Kraken to Circle via wallet “DTQK7G.” Between…
-
Key Takeaways: Whales group “7 Siblings” took out $20 million of USDC and used half to buy 2,664 ETH at $3,754 each. The other $10 million is untouched, maybe waiting…
-
Key Takeaways: Major U.S. banks enter crypto game: JPMorgan Chase partners with Coinbase to enable crypto access for over 80 million Chase customers. New features include: Credit card crypto purchases…
