Circle’s USD Coin (USDC) witnessed remarkable growth in 2024, with its circulation increasing by 78% year-over-year, according to a report shared by the stablecoin’s issuer. The company's ...

The circulation of USD Coin (USDC) grew 78% year-over-year, outpacing the growth rate of all global stablecoins, Circle said in its third annual State of the USDC Economy Report released on Jan. 14.

The data analysis platform reported on Jan. 31 that the stablecoin market cap rose 73% from $121.18 billion in August 2023 to reach an all-time high of $211 billion, while USDC (USDC ...

The surge hints at fresh capital flowing into the market, likely fueled by hopes of a spot ETF listing in the U.S. Speaking of stablecoins, USDC is stealing the spotlight as the star performer ...

USD Coin (USDC) is a stablecoin issued by Circle Internet Financial, designed to maintain a 1:1 peg with the U.S. dollar. This peg is achieved by backing each USDC token with equivalent reserves in ...

Brazil’s digital banking platform Nubank (NYSE: NU) is reportedly expanding the feature that rewards holders of the digital dollar USDC to all users of Nubank Cripto in Brazil. As noted by ...

An "America-first strategic reserve" would back solana, a competitor to the more established ethereum, the USDC stablecoin issued by Circle and supported by major crypto exchange Coinbase ...