Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

USDC stablecoin hits record $1.21T volume in June, doubling Tether's market share.

Market News
07 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

In June 2026, USDC processed a record $1.21 trillion in adjusted transaction volume, capturing 67-70% of the stablecoin market and surpassing Tether's $573 billion by more than double. The entire stablecoin sector reached $1.79 trillion in volume, a 63% increase from May. This surge boosted Circle's stock price by over 7% in early July and reflects growing adoption by traditional financial institutions. Despite concerns over a new competitor, OUSD, Circle's stock showed resilience, with technical indicators suggesting potential bullish momentum if key price levels are surpassed.

More News

Tower Semiconductor to release Q2 2026 earnings and hold conference call on August 4.

Tower Semiconductor to release Q2 2026 earnings and hold conference call on August 4.

Tower Semiconductor announced it will publish its second quarter 2026 financial results on August 4, 2026, followed by a conference call to discuss the earnings and provide guidance for the third quarter. The call will be webcast and accessible via t...

Company Fundamentals
Neutral
24 minutes ago
AmpliTech authorizes $10M stock buyback, ends ATM equity offering amid strong growth outlook

AmpliTech authorizes $10M stock buyback, ends ATM equity offering amid strong growth outlook

AmpliTech Group announced a board-approved stock repurchase program allowing up to $10 million in buybacks over 24 months, signaling confidence in its record revenue and expanding order book. Concurrently, the company terminated its At-The-Market equ...

Company Fundamentals
Bullish
24 minutes ago
KEPPT hires J.P. Morgan to arrange $1.6B financing for Iraq's strategic urea plant project.

KEPPT hires J.P. Morgan to arrange $1.6B financing for Iraq's strategic urea plant project.

KAR Electrical Power Production Trading FZE (KEPPT) has appointed J.P. Morgan to coordinate financing for its $1.6 billion urea plant in Basra, Iraq. The plant, expected to start construction in 2027 and operation by 2030, will produce 1.15 million t...

Company Fundamentals
Bullish
1 hour ago
KEPPT hires J.P. Morgan to finance $1.6bn urea plant in Iraq, boosting local agriculture and economy.

KEPPT hires J.P. Morgan to finance $1.6bn urea plant in Iraq, boosting local agriculture and economy.

KEPPT has appointed J.P. Morgan to arrange financing for a $1.6 billion urea plant in Basra, Iraq, aiming to reduce reliance on imports and support the agricultural sector. The plant will produce 1.15 million tonnes annually and is expected to start ...

Company Fundamentals
Bullish
1 hour ago
KEPPT hires J.P. Morgan to finance $1.6bn urea plant in Iraq, boosting local agriculture and economy.

KEPPT hires J.P. Morgan to finance $1.6bn urea plant in Iraq, boosting local agriculture and economy.

KEPPT has appointed J.P. Morgan to arrange financing for a $1.6 billion urea plant in Basra, Iraq, set to produce 1.15 million tonnes annually. This project aims to reduce Iraq's dependence on urea imports, support the agricultural sector, and stimul...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App