CLARITY Act Clears Senate Committee 15–9, Bitcoin Reclaims $80,500
The 15–9 committee vote hands crypto its most concrete legislative momentum in years, while spot BTC ETFs book $131M in net inflows on the same session.
USDC is a fully collateralized US dollar stablecoin designed to maintain a 1:1 peg with the U.S. dollar. Issued by Circle and originally developed through the CENTRE consortium, it serves as a bridge between traditional fiat currency and digital asset markets, allowing users to move dollar-equivalent value across blockchain networks and cryptocurrency exchanges. The token operates across a broad multi-chain footprint, with native issuance and support on ecosystems including Ethereum, Solana, Base, Polygon, Arbitrum, Optimism, Avalanche, Aptos, Sui, Stellar, XRP Ledger, Hedera, NEAR, Tron, Celo, zkSync, StarkNet, and many others, making it one of the most widely deployed stablecoins in the industry. It is categorized as a fiat-backed stablecoin, with reserves held in cash and short-dated U.S. Treasuries and subject to regular third-party attestations. USDC is also recognized as MiCA-compliant, aligning it with the European Union's regulatory framework for crypto-asset markets, and is issued by a U.S.-based company. Its primary use case is providing a stable, dollar-denominated on-chain asset for trading, payments, lending, remittances, and decentralized finance applications.
The 15–9 committee vote hands crypto its most concrete legislative momentum in years, while spot BTC ETFs book $131M in net inflows on the same session.
A regulated US index product on the CME lands the same week total crypto market cap retakes $2.71T and Bitwise's Hyperliquid ETF begins trading — three institutional rails clicking into place at once.
138.1M $USDC (≈138.1M) moved from #Aave to Unknown Whale 1.
138.1M $USDC (≈138.1M) moved from Unknown Whale 1 to #Aave.
250M $USDC (249.9M USD) has been minted at the USDC Treasury.
215.7M $USDC (≈215.7M) moved from unknown wallet to #Coinbase.
270.3M $USDC (≈270.3M) moved from unknown wallet to #Coinbase.
111.8M $USDC (≈111.8M) moved from Coinbase Institutional to #Coinbase.
117.7M $USDC (≈117.7M) moved from unknown wallet to #Binance.
250M $USDC (250M USD) has been minted at the USDC Treasury.
Industry voices say fintechs have paid rewards for years without breaking the banking system — and treat the debate over yield as a losing fight for restriction.
The bridging capital model turns the slow primary-market redemption window into a near-instant secondary exit, with LPs earning receipt tokens on the spread between primary and secondary pricing.
The deal pairs Coinbase's regulated stablecoin infrastructure with Hyperliquid's perps volume — and clears the way for the venue's homegrown USDH to be wound down.
The strategic round pushes total funding past $65M and signals a deeper stablecoin-infrastructure convergence: Circle's venture arm backing the wallet stack that signs USDC flows.
The deal gives Coinbase treasury control over the $5B USDC pool on crypto's fastest-growing perp DEX — and the right to absorb the rival USDH brand before it sunsets.
Coinbase has been appointed the official USDC treasury deployer on Hyperliquid, the high-performance decentralised…
The swap signals Hyperliquid abandoning a homegrown stablecoin for Circle's USDC as the venue's aligned quote asset — a quiet win for Circle, and an admission that USDH never found product fit.
Circle has minted 500 million USDC directly on the Solana blockchain in a single transaction, a move that signals a…
Two deep-pocketed wallets — one laddering limit orders across $30.88 to $35.88, the other filling a 62,230-HYPE block — landed within hours of each other, a coordinated bid at a time when HYPE's…
138.1M $USDC (≈138.1M) moved from Unknown Whale 1 to #Aave.
USDC is a fully collateralized US dollar stablecoin.
USDC (USDC) is categorised as: Aptos Ecosystem, Base Native, Injective Ecosystem.
The official USDC site is https://www.circle.com/en/usdc.
Most recent USDC coverage: "CLARITY Act Clears Senate Committee 15–9, Bitcoin Reclaims $80,500" — read at /en-US/a/bitcoin-reclaims-80500-as-clarity-act-advances-and-spot.