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

January 18, 2025 The Daily Hodl

Altcoins

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.

TRON and Wintermute Further Strategic Collaboration

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

January 16, 2025 The Daily Hodl

Bitcoin

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.

TRON and Wintermute Further Strategic Collaboration

Former Binance.US chief raises $20M for stablecoin network

January 16, 2025 Coin Telegraph

Former Binance.US chief raises M for stablecoin network

Coin Telegraph

The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.

Layer-1 stablecoin payments network 1Money has raised more than $20 million in seed funding to further develop its digital payments infrastructure.

According to a Jan. 16 announcement, more than two dozen venture capital firms participated in the seed round, including F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, Kraken Ventures, KuCoin Ventures, BitGo Ventures, Bankless Ventures, MoonPay Ventures, Portage and Ethereal Ventures.

1Money said its protocol is developed solely for stablecoin payments using a patent-pending Byzantine consistent broadcast design.

TRON and Wintermute Further Strategic Collaboration

Nubank Expands USDC Rewards Program to All Customers

January 16, 2025 Bitcoin.com

bitcoin.com

Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil. Nubank Opens Access to USDC Rewards Program Nubank, one of the biggest companies in Latin America and the largest neobank in […]

TRON and Wintermute Further Strategic Collaboration

Circle Reports $18 Trillion in Lifetime USDC Transactions

January 14, 2025 Bitcoin.com

Circle Reports Trillion in Lifetime USDC Transactions

bitcoin.com

The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment […]

TRON and Wintermute Further Strategic Collaboration

Circle’s USDC beats Tether USDT in market cap surge during 2024

January 14, 2025 Coin Telegraph

Circle

USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.

Circle’s USD Coin stablecoin outpaced all other stablecoins in terms of market capitalization growth in 2024, after a decline in 2023.

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 growth of USDC in 2024 can be attributed to a combination of factors: the maturing regulatory clarity across major markets, the scalability of blockchain infrastructure, and our relentless focus on trust, transparency and utility,” a spokesperson for Circle told Cointelegraph.

TRON and Wintermute Further Strategic Collaboration

How to buy USDC on Base: A step-by-step guide

January 9, 2025 Coin Telegraph

BASE

Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.

USD Coin (USDC) is a stablecoin cryptocurrency that is pegged 1:1 to the US dollar. That means 1 USDC is always $1. It is issued by Circle and has grown to become a top 10 cryptocurrency with a market cap of over $40 billion by the end of 2024.

The stablecoin is available on most major cryptocurrency exchanges and is widely accepted in the digital economy. Additionally, it is available across a number of different blockchains, including the Base Network.

Below, you will learn the step-by-step process of buying USDC on the Base Network. In addition, you’ll get a complete rundown of how the Base Network links to the Ethereum blockchain. So, by the end, you understand how to purchase and start using USDC safely and effectively.

TRON and Wintermute Further Strategic Collaboration

Agora, Galaxy complete AUSD stablecoin’s first live transaction

January 8, 2025 Coin Telegraph

Agora

Agora’s AUSD is the latest entrant into the burgeoning stablecoin market.

Asset manager Galaxy and stablecoin issuer Agora completed the first over-the-counter transaction involving AUSD, Agora’s stablecoin, according to a Jan. 8 announcement.

“This trade marks the transition of AUSD from proof-of-concept to real-world application,” Nick van Eck, Agora’s CEO, said in a statement.

Agora’s AUSD is the latest stablecoin seeking to capture market share from incumbents, such as Circle’s USD Coin (USDC) and Tether’s USDt (USDT). It joins other relative newcomers such as Ethena’s USDe.

TRON and Wintermute Further Strategic Collaboration

Dogecoin (DOGE) To Finally Hit Major Milestone in 2025, Predicts Galaxy Research – Here Is the Target

January 4, 2025 The Daily Hodl

Daily Hodl

The research arm of Galaxy Digital is predicting Dogecoin (DOGE) will hit a major milestone in 2025. In a new thread on the social media platform X, Galaxy Research’s Alex Thorn predicts that top memecoin DOGE will soar more than 170% from its current value this year and hit a psychological price point for the […]

The post Dogecoin (DOGE) To Finally Hit Major Milestone in 2025, Predicts Galaxy Research – Here Is the Target appeared first on The Daily Hodl.

TRON and Wintermute Further Strategic Collaboration

USDC market cap is up 80% from 2023 lows

January 2, 2025 Coin Telegraph

Circle

The stablecoin is also more widely distributed across blockchain networks.

The circulating supply of Circle’s United States dollar-backed stablecoin USDC (USDC) has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research.

As of Jan. 2, USDC’s circulating supply is approaching $44 billion, nearly double the 2023 low of less than $24 billion, according to CoinGecko.

Meanwhile, holdings are more evenly distributed among blockchain networks as users migrate beyond Ethereum, Blockworks’ data analytics manager, Dan Smith, said in a Jan. 2 post on the X platform.

USDC

Share this video