Crypto whale drops $7.15M USDC on tokenized gold as XAUT trades at $4,720!
A crypto whale identified by the address 0xAFa5 deployed $7.15 million in USDC to acquire 1,515.5 XAUT tokens at $4,720…
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.
A crypto whale identified by the address 0xAFa5 deployed $7.15 million in USDC to acquire 1,515.5 XAUT tokens at $4,720…
The $20K check is small, but the product lands inside a structural shift: incumbents like Jack Henry alumni are now selling banks the rails to run KYC, sanctions and escrow checks directly on…
250M $USDC (250M USD) has been minted at the USDC Treasury.
The first big-cloud / first big-exchange / first big-fintech convergence on agentic payments lands the same week Genius Act-era stablecoin issuance is consolidating around Anchorage — the rails and…
250M $USDC (249.9M USD) has been minted at the USDC Treasury.
The same attacker hit 1inch Fusion V1 in March and is back via a different vulnerability in TrustedVolumes' resolver — part of a $635M April hack month now bleeding straight into May.
Amazon Bedrock AgentCore Payments is the first managed payment layer purpose-built for autonomous agents — and it routes the first wave of real machine-to-machine volume through stablecoin rails.
Commodity perps are a strategic beachhead for Coinbase Derivatives, signalling intent to apply the perp engine beyond crypto while the US books quietly work toward 24/7 trading.
The headline figure is the 33% YoY usage jump; the 60%-spend-daily stat reframes stablecoins from a trading rail into a consumer payment instrument — the line the sector has been selling for half a…
A single transfer of approximately 348 million USDC ($347,942,928) has been flagged moving out of Coinbase…
Tether continues to dominate the stablecoin landscape, commanding a 59% share of a market now valued at $320 billion…
A Stripe-owned payments executive argues the $260B+ USDT-USDC concentration is a structural drag on the sector — both issuers keep raising burn fees and neither fits every payments use case.
BIS chief Pablo Hernandez de Cos just called global cooperation on stablecoins "critically important" — the language of systemic risk, not investor protection.
Nine months after the GENIUS Act triggered a 49% stablecoin market expansion, the same coalition wants the broader digital asset framework to reach the President's desk before Congress adjourns — the…
Premier David Burt tied a second USDC distribution to next week's Digital Finance Forum, while Coinbase CLO Paul Grewal framed the island's tandem public-private rollout as a working counter-model to…
The pitch leans on x402 — a long-dormant HTTP status code Reppel helped revive — to route stablecoin micropayments when an agent, not a human, hits a paywall.
The GENIUS Act hardwires freeze and burn authority into US stablecoin issuers, letting law enforcement blacklist wallets without judicial authorization and shifting the burden of proof onto whoever…
The raise lands as the stablecoin market crosses $310B in supply and RWA tokenization stops being a slide-deck category — Mercury Fund and Notion Capital are betting OpenTrade becomes the middleware…
The $4T figure is roughly a 13x jump from today's ~$300B base — and the lever is Big Tech turning stablecoins into payout rails, not just trading pairs.
Aave V3 USDC borrowing costs ran from spike to fix to normalization in days — independently of where bitcoin trades — and that decoupling is the more useful read for institutional allocators watching…
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: "Crypto whale drops $7.15M USDC on tokenized gold as XAUT trades at $4,720!" — read at /en-US/a/crypto-whale-drops-715m-usdc-on-tokenized-gold-as-xaut.