In a significant move for decentralized finance liquidity, Tron founder Justin Sun has executed another major capital allocation, depositing $55.01 million in …
USDC
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Markets
Flight to safety: How Maker’s Spark and USDC are winning the $10 billion Aave breakup
by shayaanby shayaanFunds leaving Aave are splitting across safer lending, simpler ETH exposure and off-chain yield, with stablecoins acting as a temporary refuge. www.coindesk.com
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Stablecoin issuer $USDC faces renewed scrutiny as critics question its response speed during major crypto exploits. The debate centers on whether Circle …
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DeFi
Origin Dollar Extends Yield Strategy with HyperLiquid USDC Lending Deployment
by shayaanby shayaanOrigin Dollar integrates Morpho’s new markets on HyperLiquid, enabling $USDC lending against WHYPE and kHYPE collateral with yields exceeding 6%. The strategy …
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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been …
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Regulation
Circle CEO Jeremy Allaire Denies Claims USDC Will Be Used for Strait of Hormuz Passage! Here Are the Details
by shayaanby shayaanCircle CEO Jeremy Allaire has denied claims that $USDC will be used for transit fees in the Strait of Hormuz. Speaking at …
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Markets
Circle CEO says he won’t freeze USDC without a court order even as hackers walk away with millions
by shayaanby shayaanCircle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action. www.coindesk.com
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Regulation
ClearBank Europe becomes first Dutch bank to secure MiCAR CASP, enabling EURC and USDC
by shayaanby shayaanIn a move that reshapes access to European digital assets, the bank clearbank europe has secured a crucial regulatory milestone for its …
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Markets
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
by shayaanby shayaanProminent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal …
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Smart Contracts
USDC Stablecoin Issuer Circle Unveils New Token to Give Bitcoin More Utility
by shayaanby shayaanIn short Circle launches cirBTC, a packaged Bitcoin alternative designed to unlock Bitcoin utility for institutions and investors. The token will first …