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USDC news today
Insights into USDC adoption, stablecoin regulation, and integration across global financial systems.
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Stablecoins
Nearly 65% of USDC reserves are held in US Treasury bills
US T-bills held by Circle Reserve Fund continues to grow
Stablecoins
BUSD’s supply falls below $20B as USDC’s supply climbs above $45B
BUSD's supply is down after Binance faced unprecedented stablecoin withdrawals in a 24 hour time frame — the exchange remains unfazed.
Exchanges
Binance clarifies USDC withdrawals were due to token swap, replenishing hot wallet
Binance said USDC withdrawals were temporarily paused because the exchange was conducting a token swap involving the Circle-backed stablecoin.
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Market Cap $77.53B
24H Volume $46.37B
Circle (Circle Internet Group, Inc.) is a U.S.-based financial technology company that issues fiat-backed stablecoins and provides open infrastructure for blockchain-based payments.
