USDC | ForkLog

ForkLog 43 13.06.2025

Circle Launches USDC on Ripple’s XRP Ledger

Ripple and Circle, the company behind USDC, announced a partnership to support the stablecoin on the XRP Ledger (XRPL). According to the statement, the initiative aims to “enhance the utility of the ledger, expand on-chain liquidity, and open new avenues for innovation.” “Stablecoins are key entry points connecting TradFi markets with the crypto space, which […]

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ForkLog 18 05.06.2025

Binance Holds $31 Billion in Stablecoins, Attracts Major Investors

Cryptocurrency exchange Binance has consolidated $31 billion in reserves in stablecoins Tether (USDT) and USDC, accounting for nearly 59% of the total volume of “stablecoins” on the top 20 trading platforms, according to analysts at CryptoQuant.

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ForkLog 60 12.05.2025

BIS Reports on Cryptocurrency’s Role in Global Trade

At its peak in 2021, Bitcoin, Ethereum, USDT, and USDC accounted for $2.8 trillion, or 12% of global merchandise trade. These estimates were provided by analysts at the Bank for International Settlements (BIS). Source: BIS. Data from 184 countries covered the period from the first quarter of 2017 to the second quarter of 2024. Approximately […]

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ForkLog 35 21.04.2025

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. […]

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ForkLog 16 02.04.2025

Sony Singapore Embraces USDC Payments in Online Store

Sony Electronics (Singapore) Pte. Ltd. (SES), in collaboration with the exchange Crypto.com, has enabled cryptocurrency payments for purchases in its online store. Buy Sony products using https://t.co/vCNztATkNg Pay!We’re excited to be partnering with @SonyElectronics Singapore to facilitate direct crypto payments on their online store for our SG users ?? Another way we’re empowering (cont) https://t.co/275ZEx14J3 […]

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ForkLog 59 02.04.2025

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 […]

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ForkLog 106 31.03.2025

Circle’s IPO Ambitions Revealed by Fortune

Circle, the issuer of the USDC stablecoin, is preparing for an initial public offering (IPO) in the United States, according to Fortune, citing its own sources. The exact timing of the listing remains undetermined. Insider information suggests that Circle plans to file for the IPO by the end of April. The company is also collaborating […]

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ForkLog 51 26.03.2025

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 […]

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ForkLog 47 13.03.2025

Stablecoin Market Capitalisation Surpasses Ethereum

The market capitalisation of the “stablecoin” segment has reached $236 billion, surpassing that of Ethereum ($230 billion at the time of writing).

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ForkLog 34 24.02.2025

Infini Stablecoin Bank Hacked for $49.5 Million USDC

On February 23rd, the stablecoin bank Infini suffered a loss of $49.5 million USDC due to a hack. Analysts from Lookonchain pointed out the suspicious transactions. It seems that the stablecoin bank @0xinfini was hacked and 49.5M $USDC was stolen. The hacker swapped 49.5M $USDC for 49.5M $DAI and bought 17,696 $ETH. The 17,696 $ETH […]

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ForkLog 27 24.01.2025

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 […]

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ForkLog 10 15.01.2025

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. […]

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