Pharos Network, a Layer-1 blockchain, has integrated USDC as its core stablecoin to enhance liquidity and credibility. This move supports Pharos' goal to become a leading platform for RealFi by enabling developers to build diverse financial applications with a liquid unit of account. The integration uses the Cross-Chain Transfer Protocol (CCTP) for seamless USDC transfers, improving security and capital efficiency across networks. Additionally, a $10M ecosystem fund will support developers with funding, marketing, and expert connections to accelerate app development on Pharos.
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 ...
Solana's blockchain network is rapidly expanding, adding an average of 8.4 million new addresses weekly and processing a record 10.1 billion transactions in Q1 2026. This growth highlights Solana's increasing adoption and positions it ahead of Ethere...
