Circle to Challenge Visa and Mastercard with New Payment Product
On April 22, Circle, the issuer of USDC, will launch a new product for payments and cross-border transfers as an alternative to Visa and Mastercard. This is reported by CoinDesk, citing the company’s presentation. The solution is intended for banks, fintech firms, payment service providers, money transfer providers, and strategic partners of the stablecoin issuer. […]Circle to Launch IPO on NYSE
Circle, the issuer of the stablecoin USDC, has submitted an application for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC). This move is the realization of previously announced plans to go public. Class A shares will be issued under the ticker CRCL on the NYSE. Details regarding the number of […]USDC Market Capitalisation Surpasses $60 Billion for the First Time
On March 26, the total market capitalisation of the stablecoin USDC exceeded $60 billion, reaching a new all-time high (ATH). Source: CoinGecko. At the time of writing, the asset’s supply stands at $60.2 billion, marking a 100% increase compared to March of the previous year, when it was at $30 billion. The overall market capitalisation […]Stablecoin Market Cap on Solana Reaches Record $10.8 Billion
Since the beginning of the year, the value of stablecoins on the Solana network has surged by 112%—from $5.11 billion to $10.84 billion, according to DeFi Llama. Source: DeFi Llama. For comparison, the equivalent figures in other networks are: Ethereum— $116.5 billion; TRON— $59.9 billion; BNB Chain— $7.03 billion; Base— $3.84 billion. The growth driver […]USDC transaction volume tops $20 trillion
Improving blockchain infrastructure and clearer regulation made 2024 a positive year for USDC, specialists at the coin’s co-issuer, Circle, said in its annual report. Compared with 2023, the asset’s turnover rose by 78%. The stablecoin’s cumulative transaction volume since launch has exceeded $20 trillion. In November 2024, the monthly figure reached a record $1 billion. […]We use cookies to improve the quality of our service.
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