Key Highlights USDC has taken the lead in x402 agentic payments on the Algorand blockchain, recording $390.4K in transfer volume over the past 30 days. Algorand’s monthly agentic payment volume surpassed rival networks, outpacing Base’s $378.3K and Solana’s $360.5K. The milestone, highlighted by Token Terminal, points to rising adoption of decentralized payment infrastructure and could ...
Key Highlights: Payment volume across more than 160 Visa stablecoin-linked card programs surged nearly 200% year-over-year, pushing Visa’s annualized settlement run rate above $20 billion. Business and commercial card programs now represent approximately 17% of Visa’s stablecoin-linked card volume fiscal year-to-date. Broader commercial stablecoin payments reached between $401 billion and $527 billion in the first ...
Key Highlights: Circle is launching cirBTC, a 1:1 wrapped Bitcoin token designed to let institutions deploy BTC across decentralized finance (DeFi) without liquidating underlying holdings. Circle’s USDC led major stablecoins with an $881 million liquidity gain over a 90-day period ending Q3, according to data from the RWA Foundation. The dual expansion of Tether’s USDT ...
Key Highlights: Circle says the regulation could increase stablecoin reserve exposure to banking-sector credit and counterparty risks. The company supports a liquidity requirement allowing part of reserves to be converted to cash within one to five business days instead of imposing a strict minimum bank-deposit requirement. Circle and the Hyperliquid Policy Center have submitted proposals ...
Key Highlights Binance processed $5 million to $10 billion in daily USDC spot trading volume throughout 2026, capturing 10-20 times more activity than most other exchanges which typically stay below $500 million daily. USDC’s market capitalization reaches approximately $74 billion, remaining the second-largest dollar stablecoin behind Tether’s USDT at roughly $140 billion. Circle is expanding ...
Key Highlights Circle and Tether froze approximately $320,000 in USDC and USDT stablecoins linked to the Bitget exchange hack, leveraging built-in blacklist controls. The attacker moved roughly 54 million XRP from the original five holding wallets overnight, reducing the balance from 70 million to 49 million tokens in eight hours. XRP traded near $1.54 on ...
Key Highlights Circle minted approximately $500 million USDC on the Solana blockchain within a six-hour window, signaling strong stablecoin demand. The minting activity was flagged by on-chain analyst @SolanaFloor and coincides with Solana’s expanding role in tokenized finance and DeFi. Increased USDC supply on Solana is expected to boost network liquiduity, potentially influencing trading volumes ...
Key Highlights Coinbase launches fixed-rate USDC loans backed by Bitcoin, offering borrowers certainty on interest costs and repayment dates. The new product runs on Morpho Midnight, a decentralized fixed-rate lending protocol that settles on Coinbase’s Base layer-2 network. Fixed-rate loans sit alongside Coinbase’s existing variable-rate Morpho Blue offering, which currently holds over $1.4 billion in ...
Key Highlights Binance acquired $100 million worth of Circle Class A shares at $80.84 per share in a private placement that closed September 17, per an SEC filing. The equity purchase accompanies a five-year expanded partnership where Circle will pay Binance monthly incentive fees tied to USDC holdings via Circle’s Modular Smart Contract Wallet. Binance ...
Key Highlights Circle has launched Digital Asset-Backed Borrowing for eligible Circle Mint institutions, enabling them to deposit Bitcoin, mint cirBTC, and borrow USDC through third-party DeFi lending markets on Arc and Ethereum. Morpho is the first supported protocol, with an 86% liquidation loan-to-value threshold on Arc; Circle indicates Aave and other platforms will follow, though ...
Key Highlights Near Protocol launches the industry’s first “Confidential by Default” perpetuals trading, masking all position details including asset types, sizes, entry times, and trading direction. The feature runs on Near’s multi-chain Confidential Intents pipeline, which recently surpassed $70 million in total value locked (TVL), with Hyperliquid serving as the chief execution and liquidity layer. ...
Nu Launches U.S. Banking and Global Stablecoin Products as Latin American Leader Expands North Latin America’s largest digital bank, Nu, officially entered the United States on September 10 with two distinct product lines: a domestic banking suite backed by Lead Bank and a separate global offering, Nu Global, that converts customer deposits into stablecoins. The ...