If approved, the stock of the company will be trading on the New York Stock Exchange under the symbol "CRCL."
The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.
The two will explore potential applications of USDC and money market fund token USYC in derivatives exchanges, clearinghouses and other operations.
Recently, stablecoins are making more noise than other assets, all because of open support of the US president and his family towards Stablecoins. Following the steps, big bulls like Fidelity also jumped the wagon, and investors are waiting for more stablecoin flooding the market within 2-3 months. Taking the lead, Wyoming is set to make …
Rumble has unveiled its new Rumble Wallet, integrating Tether’s USDT to streamline payments for creators. This move follows Tether’s massive $775M investment in Rumble, reinforcing their collaboration. Additionally, Rumble recently purchased $17M worth of Bitcoin, signaling its deeper commitment to crypto adoption. By embracing stablecoin-powered transactions, Rumble aims to offer faster and more efficient payouts, …
Wyoming is making history as the first U.S. state to introduce a government-backed cryptocurrency. The Wyoming Stable Token (WYST) is a fiat-backed stablecoin set to launch by July 2025. The state has teamed up with LayerZero Core to ensure smooth issuance and deployment across multiple blockchain networks, including Solana. This move strengthens Wyoming’s position as …
The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit
Fidelity Investments is reportedly working on its own stablecoin to act as digital cash for its Ethereum-bound tokenized money market fund.
Stablecoins with a $235B market cap are becoming the hottest trend in crypto, and even the Trump family is jumping in with their own digital dollar. Now, Fidelity Investments—one of the biggest names in traditional finance—is making its move. The company is reportedly testing its stablecoin, aiming to scoop a spot in the growing digital …
Fidelity, a $6 trillion asset management giant, is preparing to launch its own crypto stablecoin. The move marks Fidelity’s entry into the growing cryptocurrency space, where digital assets like stablecoins are gaining popularity. By introducing this stablecoin, Fidelity aims to offer a more stable and secure option for investors looking to participate in the crypto …
Other key features of Plasma include custom gas tokens, zero-charge USDT transfers, and confidential transactions while ensuring compliance.
The USD1 token will be fully backed by U.S. government securities and cash, with BitGo providing custody services for the reserves.
Circle has made history as the first stablecoin issuer to receive regulatory approval in Japan. This achievement paves the way for the official launch of USDC in the country, which will be led by SBI VC Trade, a subsidiary of SBI Holdings. The launch is set for March 26, marking a significant step for stablecoins …
Early in 2025, there was a significant surge in the stablecoin market, with a $20 billion increase in total supply. With a 10% increase from January, the total supply now stands at almost $205 billion. The spike, according to data from Glassnode, comes after a dip in late 2024, when the supply of stablecoins fell from $187 billion to $185 billion. Related Reading: Bitcoin And S&P Decline Together, But Data Predicts A Turnaround Stablecoins See A Strong Rebound For trading cryptocurrencies, stablecoins—like USDT and USDC—often act as a reserve for investors expecting the right time to buy assets like Bitcoin. The most recent rise shows that investor interest has surged, especially in view of last year’s slow down. Since Jan 1, the aggregate #stablecoin supply has increased by $20.17B (+10.9%), now reaching more than $205B. For comparison, the December peak clocked in at $187B but the supply actually contracted in the last two weeks of 2024 and dropped to $185B by January 2025. pic.twitter.com/gQbdMEDisb — glassnode (@glassnode) March 13, 2025 Given the previous fall, this comeback is especially notable. For most of 2024 the market has been losing stablecoins; but, this trend has lately reversed. Although past patterns suggest that Bitcoin’s price may be impacted, it is unknown whether this increase will lead to a rise in purchases of cryptocurrencies. Bitcoin Investors Watching Closely A growing stablecoin supply is often seen as a bullish sign for Bitcoin. Historically, the price of Bitcoin has risen in line with the stablecoin count. The reasoning is simple: more stablecoins mean more potential capital just waiting to be entered into the market. Some analysts believe this fresh injection could push Bitcoin higher. However, not all stablecoins are used for trading. Many are held for remittances, payments, or as a hedge against inflation, especially in countries where local currencies are unstable. As of today, the market cap of cryptocurrencies stood at $2.65 trillion. Chart: TradingView Stablecoin Exchange Holdings Drop 21% While the total supply is rising, only 21% of stablecoins are currently sitting on exchanges. This is a significant drop from 2021, when over 50% of the supply was available for immediate trading, Glassnode disclosed. This shift suggests that while new coins are being issued, they are not all being deployed into crypto markets right away. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? This could point to one of two possibilities: either stablecoins are being used more often outside of exchanges or investors are still waiting for the suitable moment. Should the latter prove right, the impact on Bitcoin could be less notable than expected. What This Means For Bitcoin’s Future The stablecoin market is currently experiencing a resurgence, which is generally a favorable development for the cryptocurrency sector. However, it is uncertain whether this will result in a short-term increase in the price of Bitcoin. Stablecoin utilization has fluctuated, and additional economic variables will contribute to this development. At the time of writing, Bitcoin was trading at 82,264, down 1.1% and 6.9% in the daily and weekly frames. Featured image from Warwick Business School, chart from TradingView
The investment aims to boost stablecoin adoption and crypto accessibility.
The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as enforcement requirements
The network, which plans to launch in Q2, will enable rapid transactions with flat gas fees, but will not support smart contracts or a native token.
Will 2025 drive growth in the adoption of yield-bearing assets like staking, liquid staking, restaking and liquid restaking in DeFi?
USDe's market cap has jumped to around $6 billion this month, becoming the third largest stablecoin behind Tether's USDT and Circle's USDC
Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC. Blockchain security firm Cyvers detected the breach less than a day after the platform celebrated reaching a $50 million total value locked (TVL) milestone. Blockchain analytics firm Lookonchain reported that the attacker swiftly converted the stolen USDC […]
The post Neobank Infini celebrates $50M TVL, then suffers $49.5M USDC exploit due to former insider appeared first on CryptoSlate.
The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.
Adecoagro owns farmland and industrial facilities across Argentina, Brazil and Uruguay.
The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.
USDC and USDT minting accelerated in the past weeks, providing a bullish signal for crypto markets despite declining token prices.
USDt explained for beginners: Learn how Tether works, why it’s popular and how it stacks up against other stablecoins.
In a latest development, FOX Business journalist Eleanor Terrett revealed in an X post that Senator Bill Hagerty is set to introduce legislation to establish a regulatory framework for stablecoins, representing the latest effort to promote crypto-friendly policies for an industry prioritized by Donald Trump. The bill is called the GENIUS (Guiding and Establishing National …
Stablecoins, often taking the backseat from Bitcoin and other top cryptocurrencies, are now in the spotlight. According to on-chain data, the stablecoins market has surged to over $200 billion, with Tether’s USDT and USDC as the main growth drivers. Related Reading: Stablecoins Hit $200 Billion—Does This Signal A Massive Crypto Rally? Based on CryptoQuant’s data, the stablecoins market increased by $37 billion since the first week of November last year, when Donald Trump won his second presidency. The same CryptoQuant report shared that the stablecoin’s performance may spill over to Bitcoin and other cryptos. Alphractal shared the same data; this time, it highlights the growing role of USDC in the stablecoins segment. According to Alphractal, USDC is eating up the share of USDT, and other altcoins are fueling its rise in the industry. USDC Nearing Its Key Resistance Level: Alphractal According to Alphractal, the stablecoins market’s steady but steady expansion, with Tether at the top, is evidence of its tenacity. According to recent market data, altcoin trades are helping USDC gain traction. The research claims that altcoin sales frequently move to USDC, boosting the market’s supply. ???? Stablecoin Market Cap Surpasses $211B – USDC Gains Momentum! Since 2023, the stablecoin market has grown significantly, mainly driven by USDT (Tether). However, recently, USDC has been gaining an edge over other stablecoins. This trend is occurring due to the recent drop in… pic.twitter.com/IRKrQErmCE — Alphractal (@Alphractal) January 31, 2025 However, this coin is nearing its resistance level, and its replicating price movements were last seen in 2021. Unlike its rival, Tether’s USDT, USDC enjoys strong institutional backing and regulatory clarity. These are the primary reasons many investors and institutions prefer USDC over Tether’s USDT. What About The Other Stablecoins? USDC and USDT are still the most popular stablecoins, but smaller stablecoins have not been growing since 2023. The total market value of these alternative stablecoins has stayed mostly the same, indicating there has been little new development or growth beyond the two main coins. The other coins’ perceived poor adoption and popularity raise questions about the prospects of stablecoins. Like USDT, many of these “smaller stablecoin projects” face liquidity issues, lack of institutional support, and regulatory uncertainty. While it’s good that the overall stablecoin market cap is growing, it’s also alarming that it’s only dominated by two coins: USDT and USDC. Related Reading: XRP Posts Highest Monthly Close Ever—What’s Next? Bullish Or Bearish: USDC’s Short-Term Outlook USDC’s current price action is nearing a critical resistance level, similar to its all-time high in 2021. If it continues to dominate and move past this resistance, this can translate to higher risk aversion, with capital moving away from meme or altcoins. In short, it’s a bearish signal since people are looking for stability. It’s also interesting to note that USDC rose when altcoins crashed in price. This indicates that many investors are securing their gains. Featured image from InfoMoney, chart from TradingView
Data shows the stablecoins USDT and USDC have been seeing capital inflows recently, something that could turn out to be bullish for Bitcoin. Top 2 Stablecoins Have Seen Their Market Caps Grow Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the market caps of the top two stablecoins: USDT and USDC. Below is the chart shared by the analytics firm, that shows the data for the 30-day change in the market caps of the two cryptocurrencies. As is visible in the graph, the 30-day percentage change in the market cap of USDC has spiked to sharp positive levels recently, implying that the stablecoin has been growing at a rapid rate. Unlike USDC, which has seen sustainable growth for the last few months, USDT kicked off the year 2025 with its 30-day market cap change dipping into the negative territory. Since bottoming at around -2% earlier in the month, though, momentum has returned for the asset as the indicator has just turned back green. Related Reading: Bitcoin HODLer Selloff Extends To 1.1 Million BTC As Profit-Taking Continues This means that at present, both of the two stablecoin giants are enjoying an increase in their market caps. Historically, growth in these fiat-tied tokens is something that has been bullish for Bitcoin and other volatile cryptocurrencies. The reason behind this is the fact that investors who store their capital in the form of stablecoins generally plan to invest into the volatile side of the market eventually. When they buy BTC with their stables, its price naturally receives a positive effect. The most bullish scenario for the sector occurs when both Bitcoin and the stablecoins witness a rise in their market caps. Such a setup implies both sides of the market are getting net capital inflows. When only one rises while the other goes down, it means capital is merely seeing a rotation between the two. The recent inflows into USDT and USDC have come while BTC has been consolidating sideways. This suggests the capital entering into the stables is fresh, as BTC would have gone down if it was otherwise. At the same time, BTC itself isn’t seeing any direct inflows, hence the flat price action. Related Reading: Ethereum MVRV Forms Signal That Last Led To 40% Price Crash Usually, stablecoin holders deposit to centralized exchanges when they want to purchase the volatile cryptocurrencies. Thus, the number of stable deposits into these platforms can tell us about whether large-scaling buying of this type is happening or not. An analyst has shared the data for the metric in a CryptoQuant Quicktake post. From the above chart, it’s apparent that the indicator is following a flat trajectory right now. An increase in it, like the one witnessed earlier, may provide fuel for a further rally for Bitcoin. Bitcoin Price At the time of writing, Bitcoin is floating around $104,800, down 1% in the last week. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
This coincided with the launch of Donald Trump's memecoin $TRUMP which caused a wave of inflows to the network
In a latest development, Circle announced that its native stablecoin USDC has gone live on the Layer-1 Aptos mainnet and accessible to all developers and users. With the new development, developers and users would not need bridging when performing a transaction. This integration makes it easy for financial institutions to access USDC liquidity and benefit …