In 2026, USDC surpassed USDT in adjusted stablecoin transaction volume, handling about 70% of real economic activity despite USDT maintaining a larger market cap. This shift reflects a bifurcation in the stablecoin market: USDC dominates institutional settlement with bank and corporate adoption, while USDT remains strong in retail use, especially in emerging markets. Regulatory frameworks like Europe's MiCA and the U.S. GENIUS Act have reinforced this division by favoring compliant tokens like USDC for institutional use. The stablecoin market now operates as two distinct layers—settlement (USDC) and savings (USDT)—with future competition likely focusing on yield, distribution, and new consortium tokens challenging USDC's settlement role.
Circle minted $500 million in USDC on the Solana blockchain in July, continuing a trend of shifting stablecoin liquidity from Ethereum to Solana. This issuance, done in two $250 million tranches, reflects growing demand for USDC on Solana, which has ...
Ethereum's price surged 4.5% to $1,980 on July 27, driven by $104 million in ETF inflows and Circle's OCC approval, which boosts institutional confidence. This rally liquidated $113 million in short positions, marking a significant shift in market se...
Cryptocurrency prices are fluctuating with Bitcoin trading near $64,157, down about 1%. Ethereum and Binance Coin also saw slight declines, while some altcoins like TRX and XMR experienced gains. These mixed movements reflect ongoing market volatilit...
Circle has minted an additional 250 million USDC on the Solana blockchain, raising total USDC issuance on Solana to about $72.01 billion. This is the fourth mint in two days, signaling increased liquidity and activity on the Solana network. Despite t...
The Verus-Ethereum Bridge suffered a second security breach in just over two months, with attackers stealing between $7.3 million and $7.5 million in various digital assets. This follows a similar exploit in May that resulted in losses of about $11.6...
