Insights into USDC adoption, stablecoin regulation, and integration across global financial systems.
Circle published a recap of 2022 and said it had kept its promise of dollar parity and the future for digital dollars looks bright.
Samuel Wan 3 min read 
According to Glassnode's data, while USDT is the largest stablecoin by market cap, USDC has more transfer volume.
US T-bills held by Circle Reserve Fund continues to grow
BUSD's supply is down after Binance faced unprecedented stablecoin withdrawals in a 24 hour time frame — the exchange remains unfazed.
Binance said USDC withdrawals were temporarily paused because the exchange was conducting a token swap involving the Circle-backed stablecoin.
Several stakeholders in the crypto community have questioned Coinbase's motive, with some describing the move as "desperate."
Barclays Strategist Joseph Abate said that BlackRock's participation in the Fed's RRP program will give USDC indirect access to a risk-free central bank liability.
MakerDAO will earn approximately $24 million from Coinbase Prime's 1.5% rewards.
Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge
