USDC

Highlights: Sui launched fee-free stablecoin transfers for seven supported assets on its Layer 1 mainnet. Gas fees no longer apply to supported stablecoin transfers on the Sui Network. Fireblocks and several crypto wallets integrated the gasless payment feature during the […]

Highlights: Blockaid flagged an active attack on the Verus-Ethereum Bridge, draining roughly $11.58 million. The attacker took tBTC, ETH, and USDC, then swapped everything into 5,402 ETH to obscure the trail. A bridge validation flaw may have let a small […]

Highlights: Elizabeth Warren asked Meta to explain its stablecoin payment tests and possible wider rollout plans. Warren warned Meta’s stablecoin activity could affect privacy, competition, payments, and financial stability. Meta reportedly tested USDC payments for some creators in Colombia and […]

Highlights: Meta now pays select creators in Colombia and the Philippines using USDC stablecoins directly. Creators can receive crypto payouts through Polygon or Solana into supported wallets like MetaMask or Phantom. Meta plans to expand stablecoin creator payments to over […]

Highlights: Stablecoin market hits $317 billion in new valuation amid soaring interest. Circle’s USDC leads other stablecoins, including Tether’s USDT, in institutional use. Newer stablecoins like USD1 sUSDS, and USDe are also attracting significant traders’ interest.  The stablecoin market has […]

Highlights: KuCoin and Mastercard have partnered to enable direct crypto payments for Australian users. KuCard allows users to pay with stablecoins at checkout with instant conversion. KuCoin has expanded into Australia with KuCard under AUSTRAC’s existing payment systems. KuCoin and […]

Highlights: Nium partners with Coinbase to enable USDC payments across more than 190 countries. Businesses can send and settle cross-border payments using USDC in one system. The system removes prefunding and allows near-instant global payouts. Nium partnered with Coinbase on […]

Highlights: American crypto exchange Coinbase has rolled out crypto-backed loans for UK-based users. The new loan feature allows users to borrow USDC backed by major cryptocurrencies like BTC, ETH, or cbETH. Users can send loans to any part of the […]

Highlights: Circle faces a proposed class action over its response to the stolen USDC after the Drift hack. Plaintiffs say Circle could have frozen funds earlier as attackers moved assets across networks. Circle previously said it can freeze funds only […]

Highlights: Jeremy Allaire said a yuan-backed stablecoin could support China’s future role in global payments. He said digital stablecoins may help currencies compete better in global trade and cross-border payments. Allaire also noted rising demand for USDC as global tensions […]

Highlights: Circle has explained why it failed to freeze stolen USD during the Drift Protocol exploit. The stablecoin issuer argued that freezing assets without legal backing could encourage politically motivated interference. Circle is also pushing for the advancement of the […]

Highlights: ZachXBT report shows Circle did not freeze stolen USDC across several cases. Drift hack shows attackers moved USDC for six hours before any freeze action happened. Slow USDC freezes let attackers move and convert funds before anyone can stop […]