Crypto News

EURC: The Largest Euro Stablecoin by Market Capitalization

Circle's euro stablecoin, EURC, has reached a market cap of $67 million, surpassing competitors. Circle's leadership confirms significant progress in the stablecoin sector as EURC leads European di...

Circle Expands USDC Stablecoin to Australia and Asia Pacific

Circle announces expansion of its USDC stablecoin into Australia and the Asia Pacific through MHC Digital Group, enhancing institutional use and tapping into a mobile-first population.

BlackRock BUIDL Fund Receives $9 Million USDC Transfer

Recent data reveals a significant financial move as $9 million USDC has been transferred from a Circle hot wallet to the BlackRock BUIDL Fund, bringing its total holdings to approximately $88.146 m...

Circle Issues 2.5 Billion USDC, Net Increase of 700 Million

Circle has issued approximately 2.5 billion USDC and redeemed 1.8 billion USDC in a week, resulting in a net increase of 700 million USDC, bringing the total circulation to 36.2 billion. Total rese...

Impact of Fed Rate Cuts on Stablecoin Issuers' Revenue

Recent findings from Bluechip show significant revenue declines for stablecoin giants Tether and Circle due to Fed rate cuts. For every 50 basis point decrease, Tether's revenue could drop by $488 ...