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Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

Stablecoin Sector Shatters Records: 4B Milestone as USDC Cracks B for First TimeThe stablecoin economy has soared to an unprecedented zenith this week, buoyed by a $10.28 billion expansion in March, propelling its total valuation to $234.60 billion. Concurrently, Circle’s USDC has eclipsed the $60 billion threshold for the first time. USDC Climbs While Treasury-Backed Tokens Disrupt Stablecoin Hierarchy Per the most recent data from defillama.com, recorded […]

Ethereum devs prepare final Pectra test before mainnet launch

Gcash Connects 100 Million Philippine Users to USDC Dollar Network

Gcash Connects 100 Million Philippine Users to USDC Dollar NetworkGcash opens access to USDC for 100 million users in the Philippines, enabling stable, dollar-backed digital currency use for global payments, savings, and financial empowerment. Gcash Opens Philippine Wallets to Dollar-Backed USDC in Massive Crypto Shift Mobile wallet provider Gcash, a dominant force in digital finance in the Philippines, announced on March 18 in Manila […]

Ethereum devs prepare final Pectra test before mainnet launch

Hashnote’s USYC Fund to Operate Under Circle’s Bermuda Regulatory Framework

Hashnote’s USYC Fund to Operate Under Circle’s Bermuda Regulatory FrameworkCircle Internet Group plans to integrate Hashnote’s $1 billion tokenized money market fund under its Bermuda digital asset license, aiming to expand USYC’s utility alongside its USDC stablecoin. Stablecoin Giant Circle Expands License to Cover $1B Tokenized Fund Circle Internet Group, Inc. intends to bring Hashnote’s Tokenized Money Market Fund (TMMF) under its existing Digital […]

Ethereum devs prepare final Pectra test before mainnet launch

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

USDC and EURC Break New Ground as Dubai’s First Officially Recognized StablecoinsStablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC […]

Ethereum devs prepare final Pectra test before mainnet launch

Crypto Stablecoins Shatter $30,000,000,000,000 in Volume During 2024, Says Coinbase CEO Brian Armstrong

Crypto Stablecoins Shatter ,000,000,000,000 in Volume During 2024, Says Coinbase CEO Brian Armstrong

Coinbase CEO Brian Armstrong says the digital asset exchange is moving as fast as possible to support one crypto use case often overshadowed by trading. In an earnings call, Armstrong says the payments category is one of the biggest sectors driving mass adoption in crypto. Specifically, the Coinbase CEO is looking at stablecoin payments, a […]

The post Crypto Stablecoins Shatter $30,000,000,000,000 in Volume During 2024, Says Coinbase CEO Brian Armstrong appeared first on The Daily Hodl.

Ethereum devs prepare final Pectra test before mainnet launch

Circle’s USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT)

Circle’s USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT)

Circle’s dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos’ native token, APT, is up on the news, surging by 5.5% in the past 24 hours. The 38th-ranked crypto asset by market cap is trading at $7.91 at time of writing. Coinbase, the top US crypto exchange, has already added […]

The post Circle’s USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT) appeared first on The Daily Hodl.

Ethereum devs prepare final Pectra test before mainnet launch

Donald Trump’s World Liberty Financial Becomes Top 0.1% Holder of Staked Ethereum After Massive Accumulation

Donald Trump’s World Liberty Financial Becomes Top 0.1% Holder of Staked Ethereum After Massive Accumulation

New data from crypto analytics platform Arkham reveals that President Donald Trump’s decentralized finance (DeFi) platform has become a top 0.1% holder of staked Ethereum (stETH) after gobbling up tens of millions of dollars worth of ETH. In a new thread on the social media platform X, Arkham says that World Liberty Financial (WLFI) – […]

The post Donald Trump’s World Liberty Financial Becomes Top 0.1% Holder of Staked Ethereum After Massive Accumulation appeared first on The Daily Hodl.

Ethereum devs prepare final Pectra test before mainnet launch

Circle CEO Expects President Trump to Issue Executive Orders Allowing Banks to Trade and Hold Crypto

Circle CEO Expects President Trump to Issue Executive Orders Allowing Banks to Trade and Hold CryptoThe growing adoption of crypto in the U.S. can be accelerated through executive orders permitting banks to trade and hold cryptocurrency. Circle CEO Wants Executive Orders for Broader Access to Crypto Jeremy Allaire, the CEO of Circle, anticipates executive orders from President Donald Trump that will permit banks to trade crypto, provide wealthy clients with […]

Ethereum devs prepare final Pectra test before mainnet launch

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report

Solana (SOL) and XRP both outperformed the overall crypto market on Thursday amid a report that President-elect Donald Trump is thinking about establishing an “America First” strategic crypto reserve. The New York Post, citing anonymous sources, reports that Trump is “receptive” to the idea of a national strategic reserve with Solana, XRP and the stablecoin […]

The post XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report appeared first on The Daily Hodl.

Ethereum devs prepare final Pectra test before mainnet launch

Top US-Based Crypto Exchange Coinbase Announces Bitcoin (BTC)-Backed USDC Loans

Top US-Based Crypto Exchange Coinbase Announces Bitcoin (BTC)-Backed USDC Loans

The top crypto exchange by trading volume in the United States is launching a new Bitcoin (BTC)-backed loan program for US clients. In a new announcement to the social media platform X, Coinbase says users will be able to borrow USDC against BTC with the new program. “Bitcoin-backed loans are here. Borrow USDC against bitcoin, […]

The post Top US-Based Crypto Exchange Coinbase Announces Bitcoin (BTC)-Backed USDC Loans appeared first on The Daily Hodl.

Ethereum devs prepare final Pectra test before mainnet launch