Circle minted $1 billion worth of USD Coin (USDC) within 24 hours, highlighting a sharp increase in institutional demand for dollar liquidity across crypto platforms, especially on Solana. This surge adds to a $4.5 billion net supply increase of USDC in 2026, making it the fastest-growing major stablecoin this year. The scale and speed of minting suggest usage by large players such as centralized exchanges, ETF custodians, and arbitrage desks rather than retail investors. This trend underscores USDC's role as a key regulated liquidity source in both centralized and decentralized crypto markets.
Ondo Global Markets reached $1 billion in total value locked (TVL) for tokenized stocks by May 2026, with projections to hit $5 billion by year-end. USDC, Circle's stablecoin, is the preferred settlement currency for these tokenized equities, favored...
JPMorgan has raised concerns that HyperliquidX's rapid expansion and large USDC holdings could undermine the economic model of Circle's USDC stablecoin. HyperliquidX, a decentralized perpetual exchange, has amassed over $5 billion in USDC and is shif...
Starknet introduced STRK20, a privacy framework on its Ethereum Layer-2 network that shields ERC-20 token balances and transactions using encrypted notes and zero-knowledge proofs. This system allows private transfers and swaps without separate priva...
Bitcoin is expected to hold above $56,000 on July 13, supported by upcoming June CPI inflation data and major bank earnings reports. Circle received final approval from the U.S. Office of the Comptroller of the Currency for its national trust bank, a...
Circle has minted $250 million worth of USD Coin (USDC) on the Solana blockchain, increasing the stablecoin's liquidity on Solana by more than 10% in a single transaction. This move is part of a larger trend with nearly $1 billion USDC introduced to ...
