News

Stablecoin issuer Circle Internet Financial has ditched all U.S. Treasury bonds from its USD Coin (USDC) backing reserves as part of precautionary measures to protect from a potential fallout from ...
Stablecoin USD Coin (USDC) lost its dollar peg and slumped to an all-time low on Saturday after Circle, the US firm behind the coin, revealed some of the reserves backing it were held at Silicon ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall.
Cryptocurrency firm Circle said on Sunday all its depositors with the collapsed Silicon Valley Bank and Signature Bank will be made whole and the $3.3 billion USDC reserve deposit held at Silicon ...
Circle, the company behind the $32 billion-circulating USDC stablecoin, is now quietly considering dumping its long-hyped IPO for a full-blown sale to either Coinbase or Ripple, according to Fortune.
Circle's stablecoin USDC is gaining importance in securing BTC liquidity. USDC now makes 24% of the available 1% liquidity for BTC, up from 15% at the start of 2025.
USDT and USDC are still the largest stablecoins. In February 2025, the market capitalization of USDT stood at $146 billion as it occupied 64% of the stablecoin market share.
Crypto investors pulled around $3 billion overall from the stablecoin USDC in three days, the company behind the token said in a blog post on Thursday, as investors rushed to redeem their holdings ...
USDC is not a cryptocurrency but rather a stablecoin, which is a digital asset pegged to a commodity or currency. As its name suggests, USDC is pegged to the U.S. dollar on a 1-for-1 basis, ...
Binance, the world's largest crypto exchange, will convert customers' holdings in stablecoins USDC, USDP and TUSD into its own stablecoin BUSD on September 29.
Payments processing firm Worldpay will allow customers in the US and Europe to make disbursements with Circle Internet Financial’s USDC stablecoin. Worldpay, which is being acquired by Global ...
Binance, the world’s largest cryptocurrency exchange, said Tuesday it is pausing withdrawals of the stablecoin USDC USDC while it completes a token swap involving the asset. Withdrawals in other ...