Crypto News

Circle's USDC Circulation Declines by $200 Million in a Week

Circle's USDC stablecoin circulation has dropped by approximately $200 million from Nov 7 to Nov 14, amidst issuing $2.7 billion and redeeming $2.9 billion USDC. Current circulation stands at 36.7 ...

Circle Transfers 6.4 Million USDC to BlackRock BUIDL Fund

Circle has made a strategic move by transferring 6.4 million USDC to BlackRock's BUIDL Fund, as reported by Arkham monitoring. This transaction highlights ongoing trends in crypto investments and s...

Circle's USDC Circulation Surges by $900 Million in January 2023

Circle has reported a substantial increase in USDC circulation, with approximately $900 million added after issuing $3 billion and redeeming $2.1 billion. The current total circulation stands at $4...

Stablecoin Issuers Dominate Cryptocurrency Revenue in December 2024

In December 2024, stablecoin issuers led the cryptocurrency market by earning over $664 million, contributing to more than 40% of the total crypto revenue of $1.5 billion, with Tether and Circle at...

Circle's USDC Circulation Grows by $1.1 Billion in Just One Week

Circle has reported a significant increase in USDC circulation, with a net growth of $1.1 billion in just one week. Total circulation is now 42.4 billion, supported by reserves of approximately $43...