Circle CEO Jeremy Allaire highlighted that 99.3% of payments between AI agents using the x402 protocol settled in USDC during Q2, with USDC circulation reaching $73.3 billion and transaction volume growing 151% year-over-year. The x402 protocol enables autonomous agents to make instant payments for digital services without human approval, positioning USDC as a stable, fast settlement asset. Circle's Agent Stack supports over 900 paid services and will expand with the upcoming Arc mainnet launch on September 16, which includes programmable finance tools. Besides AI payments, Circle also targets growth in cross-border transfers, capital markets, and retail commerce, leveraging partnerships and testing new payment solutions globally.
Ethereum's stablecoin market cap increased by $116.1 million in 24 hours, reaching about $162 billion and controlling roughly 54.5% of the global stablecoin market. This dominance far exceeds competitors like Tron and Solana, with Ethereum hosting ne...
LuLu Financial Holdings has achieved a 25-30% reduction in its cross-border settlement costs by using USDC, a digital currency, instead of traditional correspondent banking methods. This operational cost saving is significant for the global remittanc...
A group of 12 wallets deposited 36 million USDC into Hyperliquid within 24 hours, using about $24 million to buy 282,090 HYPE tokens at an average price of $81.50 each. The cluster now holds and stakes approximately 4.679 million HYPE, valued around ...
Cryptocurrency prices are fluctuating with Bitcoin trading around $78,338, slightly down by 0.40%. Ethereum and Binance Coin show small gains, while several altcoins such as XRP, ADA, and SOL experience notable declines, some exceeding 3%. These mixe...
In 2026, while the overall stablecoin market shrank, Tron’s stablecoin supply rose to a record $89.2 billion, driven mainly by USDT which makes up 98.5% of its stablecoins. Tron now holds 28.7% of the total stablecoin market and hosts $87.9 billion i...
