250M $USDC Minted at USDC Treasury
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
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.
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
A national trust charter is the structural prize stablecoin issuers have spent years lobbying for: it puts USDC under the same federal supervisor as the country's largest banks and sidelines…
250M $USDC (250M USD) has been minted at the USDC Treasury.
The world's third-largest carmaker just moved stablecoin treasury settlement out of the sandbox, compressing a US-to-Mexico wire from three to four hours to roughly seven minutes.
The framework gives the sector legal clarity it has wanted for years, but the compliance cost may concentrate issuance among the firms that can absorb it.
The charter pulls $73.2B in USDC reserves one regulator closer to OCC supervision, and it lands inside a wave of crypto firms, from Kraken to BitGo, racing for federal banking licences.
First National Digital Currency Bank, N.A. is the inaugural national trust charter scoped to a stablecoin issuer, giving USDC a federally supervised fiduciary home before the stablecoin regime goes…
The OCC charter lets Circle sit alongside the regulated US banks holding digital assets in custody, formalising the legitimacy that issuers have spent the last three years arguing USDC already has.
Ark rotated out of Robinhood and into USDC issuer Circle the same week Circle's stock slid more than 20% from its post-IPO peak, a classic Wood-style buy-the-dip on a name she has called out as…
179M $USDC (≈179M) moved from Unknown Whale 1 to #Aave.
179M $USDC (≈179M) moved from #Aave to Unknown Whale 1.
115M $USDC (≈115M) moved from #Ethena to unknown wallet.
250M $USDC (250.1M USD) has been minted at the USDC Treasury.
The Wisconsin criminal complaint is unusual: it targets a stablecoin issuer's refusal to act on a fraud recovery request, not a stablecoin depeg or reserve shortfall.
The product puts Aave head-to-head with Morpho for the wallets, exchanges and payment apps turning stablecoin balances into savings products, a market that already runs $200M+ through Coinbase.
The complaint alleges Circle failed to comply with a court order to recover stolen assets, the first known criminal action against a major USDC issuer for refusing a freeze request.
Connectia Trust joins a growing roster of federally chartered stablecoin issuers racing into a $312B market where USDT and USDC already hold ~80% of the float and new entrants must find a wedge.
A 21.6% slide in Binance's USDC balance over 30 days and $1B+ in net outflows strip the largest venue of the dry powder that absorbs selling pressure, leaving spot books more exposed to sudden moves.
Conditional approval for Sony Bank's Connectia Trust subsidiary puts a first-tier consumer brand on the regulated US dollar stablecoin issuance rail.
The exchange blamed a failed strategic transaction and MiCA pressure for the July 1 shutter, but the more dangerous signal is the empty hot wallets ZachXBT flagged weeks earlier.
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: "250M $USDC Minted at USDC Treasury" — read at /en-US/a/250m-usdc-minted-at-usdc-treasury-8447.