Binance Locks Full USDC Reserves for Stock Put Sellers
The strategy expands Binance's stock-options offering, but its seller FAQ conflicts with product terms that still exclude writing and short positions.
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 strategy expands Binance's stock-options offering, but its seller FAQ conflicts with product terms that still exclude writing and short positions.
Customers can keep stablecoins and fiat in one bank account, without transferring funds to a crypto exchange.
133.9M $USDC (≈133.9M) moved from #Aave to Unknown Whale 1.
133.9M $USDC (≈134M) moved from Unknown Whale 1 to #Aave.
250M $USDC (249.9M USD) has been minted at the USDC Treasury.
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
250M $USDC (249.9M USD) has been minted at the USDC Treasury.
The option brings USDC into a subscription checkout flow, connecting a crypto-native payment method with Stripe’s payment infrastructure.
Its atomic conversions target the redemption delays that can leave institutional treasuries waiting days to move capital between tokenized assets and stablecoins.
The sale was executed at $0.00434 per PUMP, putting a sizable token transfer into USDC on traders’ radar.
Direct EBA oversight of USDC’s reserves and liquidity begins Nov. 12, alongside a new cross-border cooperation pact with New York’s financial regulator.
The reforms preserve risk-based decisions and financial-crime controls, leaving smaller crypto firms’ access dependent on whether banks offer services beyond institutional clients.
The shift puts EU-issued USDC reserves, liquidity and redemption planning under direct EBA supervision, while Circle's proposed changes to reserve rules remain a separate policy debate.
The designation makes USDC the first of 45 notified EU e-money tokens classified as significant under MiCA, placing key reserve and liquidity oversight with the EBA.
133.9M $USDC (≈134M) moved from Unknown Whale 1 to #Aave.
133.9M $USDC (≈134M) moved from #Aave to Unknown Whale 1.
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
100.5M $USDC (≈100.5M) moved from #Coinbase to unknown wallet.
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
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: "Binance Locks Full USDC Reserves for Stock Put Sellers" — read at /en-US/a/binance-locks-full-usdc-reserves-for-stock-put-sellers.