Tags: usdc

Aptos’ stablecoin market cap surpassed $1 billion in March, which is a 10x increase year-over-year and 3x growth since December.

USDC’s dominance on Binance continues to rise, challenging Tether’s market position amid shifting regulatory frameworks in the European Union.

CertiK detected the Infini hack, revealing a rogue ex-developer used Tornado Cash for funding before exploiting retained admin rights.

USDT dominated Binance Pay transactions, accounting for 80% of volume at $57 billion, followed by Bitcoin, Ethereum, and BNB in smaller shares.

Solana’s stablecoin market cap hit $10.7B, driven by meme coin frenzy; USDC dominates with $8.26B, boosting SOL’s price to an all-time high.

Despite growth, USDC trails USDT, which ended 2024 with a $137.5 billion market cap, dominating 66% of the stablecoin sector.

Delphi Digital predicts that stablecoin monthly active addresses will surpass 50 million as adoption becomes a necessity for fintechs.

Ethereum dominates USDC’s supply at 65%, but Solana, Base, and Hyperliquid now capture a growing share of the market.

November 2024 weekly crypto trade volumes in Europe hit €12B, driven by Bitcoin’s $100K milestone as well as surging institutional demand.

Circle will provide Binance with tech and liquidity to strengthen USDC adoption, aiming to challenge Tether’s dominance.

Despite new players, USDT retains its position as the most trusted stablecoin, with wallets growing exponentially year-over-year.

Report forecasts stablecoins growing from 1% to 10% of US M2 and FX, spurred by advancing regulatory clarity