
Circle CEO says that AI bots are transacting USDC, creating wallets
Jeremy Allaire said that his firm is "already hearing" about AI applications.

Insights into USDC adoption, stablecoin regulation, and integration across global financial systems.

This is the first time since the collapse of Terra's UST that Cosmos will have a native stablecoin issued on the blockchain.

The hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.

Circle said the Euros-pegged stablecoin EUROC could become a compliant e-money under Europe's Markets in Crypto-Assets (MiCA) regulations.

Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply.

The scam attempts to capitalize on USDC's post-depeg recovery.

“Trust, safety, and 1:1 redeemability of all USDC in circulation is of paramount importance to Circle," CEO Jeremey Allaire said.



