129M $USDC Transferred from unknown wallet to #Deribit
129M $USDC (≈129M) moved from unknown wallet to #Deribit.
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.
129M $USDC (≈129M) moved from unknown wallet to #Deribit.
151.3M $USDC (≈151.3M) moved from #Aave to Unknown Whale 1.
151.3M $USDC (≈151.3M) moved from Unknown Whale 1 to #Aave.
The potential $527K daily flow is the HYPE angle, but the estimate depends on AQA v2 balances, SOFR and an assumed 90% revenue share for the Assistance Fund.
151M $USDC (≈151M) moved from Unknown Whale 1 to #Aave.
151M $USDC (≈151M) moved from #Aave to Unknown Whale 1.
The paper models how weak payment network effects can turn individual exits into coordinated redemptions, covering 7-7.5% of weekly observations.
The mechanism runs through market makers hedging stablecoin positions on FX desks, putting Korea's $64B won-stablecoin market directly in the path of any future won pairings.
Smart contracts price collateral but not motive; borrowers using DeFi to defer US capital-gains taxes leave pools exposed to defaults they did nothing to underwrite.
250M $USDC (250M USD) has been minted at the USDC Treasury.
250M $USDC (249.9M USD) has been minted at the USDC Treasury.
144M $USDC (≈144M) moved from Unknown Whale 1 to #Aave.
144M $USDC (≈144M) moved from #Aave to Unknown Whale 1.
250M $USDC (250M USD) has been minted at the USDC Treasury.
The concentrated $MEME position makes the fresh wallet a notable on-chain signal, but its $388K gain remains unrealized in a fast-moving market.
250M $USDC (250M USD) has been minted at the USDC Treasury.
Silicon's collapse shows what consolidation looks like at the small end of Ethereum's L2 market: roughly 80% of value already sits in Base and Arbitrum, and a dying chain's native tokens may have no…
Tarbert framed regulated stablecoins as dollar statecraft. The bigger read sits in the bond market: $70B in fresh T-bill demand from issuers like Tether and Circle since 2022.
21 global banks and asset managers are building a USD coin under GENIUS and MiCA, then EUR. USDT and USDC's combined 80%+ share is about to face its first institutional challenger.
Citi projects a $1.9T to $4T stablecoin market by 2030. Banks are betting that owning the rails beats losing the relationship to Tether and Circle, even if it means cannibalizing their own deposit…
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: "129M $USDC Transferred from unknown wallet to #Deribit" — read at /en-US/a/129m-usdc-transferred-from-unknown-wallet-to-deribit.