Breaking News: USDC – Market Insights, Analysis & Latest Updates

The Funding: Why stablecoins are drawing more VC interest

Venture capitalists are increasingly interested in stablecoins due to their utility, major acquisitions, and regulatory developments, presenting opportunities for growth despite significant challenges.

theblock.co • 15/12/2024 - 23:41 PM

BINANCE
USDC

Circle and Binance partnership seeks to boost global adoption of USDC

Circle and Binance have partnered to enhance USDC’s global presence, expanding its use in trading, saving, and payments for better crypto adoption.

theblock.co • 11/12/2024 - 07:28 AM

USDC

Total stablecoin market cap tops $200 billion as onchain lending yields surge

Stablecoin market capitalization surpasses $200 billion, driven by increased DeFi lending rates and investor interest, as seen in recent Coinbase and DeFiLlama data.

theblock.co • 09/12/2024 - 12:14 PM

TETHER
USDC

Stablecoins are taking the US dollar global — but for how long?

Experts foresee a stablecoin renaissance due to new EU regulations and pro-crypto U.S. politicians, leading to market fragmentation and diversification beyond USD domination.

theblock.co • 06/12/2024 - 20:06 PM

TETHER
USDC

Standard Chartered and Zodia Markets forecast stablecoin usage could reach 10% of U.S. M2 and FX transactions

Stablecoins currently make up 1% of U.S. M2 and FX transactions, but they could feasibly reach 10% of each measure as the sector gains legitimacy, analysts said. The analysts critiqued the legacy global financial infrastructure, pointing out opaque fee structures in correspondent banking and SWIFT systems.

theblock.co • 28/11/2024 - 15:07 PM

Ex-Revolut duo raise $2.3 million to build 'blockchain bank account' Bleap

Bleap has raised $2.3 million in a pre-seed funding round led by Ethereal Ventures to launch a self-custodial stablecoin payments app. Bleap is currently in beta with select EU users, with a full public deployment scheduled for Q1 2025 and a token launch expected in 2026.

theblock.co • 28/11/2024 - 09:05 AM

The Daily: Pro-crypto Donald Trump wins US election, bitcoin hits new all-time high above $75,000 and more

Donald Trump wins the U.S. presidential election, bitcoin reaches $75,000, DeFi tokens surge, and analysts foresee a more favorable regulatory environment for crypto.

theblock.co • 06/11/2024 - 18:25 PM

JPMorgan says tokenized Treasuries to challenge but not fully replace stablecoins

The market for tokenized Treasuries is growing and could challenge stablecoins’ dominance, JPMorgan analysts said. However, analysts noted that regulatory restrictions and liquidity concerns suggest tokenized treasuries may only partially replace stablecoins.

theblock.co • 25/10/2024 - 14:50 PM

The Daily: Sky mulls MakerDAO comeback, what's next for crypto's 'killer use case' and more

Sky considers reverting to MakerDAO branding while stablecoins thrive. Karpatkey and Komainu make significant moves, alongside concerns over ACX token supply management.

theblock.co • 22/10/2024 - 17:33 PM

As stablecoins gain greater traction, what's next for crypto's 'killer use case?'

Stablecoins are increasingly gaining traction, with major corporations launching their own, discussions about them at the highest levels of government — and, now, Stripe’s $1.1 billion acquisition of Bridge. Analysts argue stablecoins legitimize public blockchains, providing investment opportunities in the form of public companies, an alternative to money market accounts, and value accruing to their underlying networks.

theblock.co • 22/10/2024 - 12:29 PM

Currency