USDC
Coverage of USDC in the Nexus archive.
- USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
Dune data indicates Tether's USDT dominates as a payments stablecoin, while Circle's USDC leads in DeFi applications, emphasizing the influence of blockchain choice on stablecoin usage.
- Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
Circle’s USDC is surpassing Tether in stablecoin volume, according to new data from Visa. The data indicates a shift in market share between the two stablecoins.
- Crypto Biz: Bitcoin maximalism meets the realities of capital markets
A strategy authorizes Bitcoin sales, Open USD competes with USDT and USDC, Fidelity defends Bitcoin security, and the crypto industry increases political spending for 2026.
- Standard Chartered, Circle bring USDC minting onto banking rails
Standard Chartered and Circle have launched a bank-led service for institutions to mint and redeem USDC, beginning in Dubai’s DIFC with plans for global expansion.
- Circle CEO touts USDC's network advantage as OUSD emerges
Circle CEO highlights USDC's network advantage as OUSD emerges as a potential challenger to the Circle-Tether duopoly. Bernstein notes unresolved governance, operational, and revenue-sharing issues for OUSD.
- Morning Minute: Major New Stablecoin Launch Shakes Incumbents
Open USD, a new stablecoin, is challenging existing stablecoins USDC and USDT. It is supported by major companies like Visa, Mastercard, and Google.
- Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin
Circle's stock declined as Coinbase, BlackRock, and Visa announced support for the forthcoming Open USD stablecoin. Coinbase is a key backer of Circle's USDC.
- Spiko links EU regulated T-bill funds to Coinbase stablecoin rails
Spiko integrated Coinbase Payments into two EU-regulated UCITS Treasury funds, enabling subscriptions and redemptions via USDC and EURC through the Base platform. The integration allows investors to use Coinbase's stablecoin rails for transactions in these funds.
- BNY and Circle expand partnership, adding mint and burn capabilities for USDC
BNY and Circle have expanded their partnership to include mint and burn capabilities for USDC. BNY, the world's largest custodian bank, plans to add support for additional stablecoins via its Digital Asset Custody platform.
- Midas’ mGLOBAL token tracking Fasanara’s alternative debt strategy launches on Aave Horizon
Midas' mGLOBAL token, which tracks Fasanara’s alternative debt strategy, has launched on Aave Horizon. Holders can deposit mGLOBAL tokens to borrow USDC while maintaining exposure to the underlying strategy.
- Ripple wants AI agents to pay in XRP and RLUSD. The market is still mostly USDC
Ripple is advocating for AI agents to use XRP and RLUSD as payment methods, though the market remains predominantly reliant on USDC.
- MassPay taps Coinbase to expand stablecoin payouts
MassPay partners with Coinbase to implement USDC-powered cross-border payouts, aiming to reduce costs and accelerate settlement for global business payments.
- Travala lets AI agents book hotels with USDC on Base
Travala's new protocol allows AI agents to search and book hotels using USDC on the Base platform. Travelers are required to approve the final payment before booking is completed.
- Coinbase to launch token-backed mortgage down payments this summer
Coinbase and Better Home & Finance will launch an initiative this summer allowing qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments.
- Bitcoin Buys a Home: Better and Coinbase Close First Fannie Mae-Backed BTC Mortgage
Better Home & Finance and Coinbase announced the first Fannie Mae-backed mortgage in the U.S. collateralized by Bitcoin, allowing a couple to use their Bitcoin holdings for a down payment without liquidating them. The loan structure involves two separate loans with the same terms, consolidating into a single payment, and the pledged Bitcoin is held in Coinbase custody until repayment.
- Mastercard Expands Stablecoin Settlement via Circle's USDC, Ripple's RLUSD and Beyond
Mastercard is expanding its stablecoin settlement capabilities by incorporating Circle's USDC and Ripple's RLUSD, aiming to support the 'always-on' economy. The company is enhancing its commitment to real-time financial services through these partnerships.
- EdgeX offers refunds and launches 200,000 USDC bounty after 71% token flash crash
EdgeX is offering refunds and launching a 200,000 USDC bounty following a 71% token price drop caused by 174 addresses flooding a PancakeSwap pool with EDGE token sell orders during low liquidity.
- Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement
Mastercard has expanded its support to include USDC, PYUSD, and RLUSD stablecoins, enabling new settlement options across multiple blockchains. The payments giant will now facilitate transactions using these stablecoins on various blockchain networks.
- Mastercard expands stablecoin settlement options with USDC, PYUSD and RLUSD
Mastercard expanded its stablecoin settlement options to include USDC, PYUSD, and RLUSD, enabling intraday, weekend, and holiday card settlements across its payments network.
- Zama accelerates compliance after court lifts $12.5M USDC freeze
Privacy protocol Zama will accelerate compliance measures following a court's decision to lift a $12.5 million USDC freeze linked to an unrelated legal dispute. The freeze was previously imposed due to the legal issue, but its removal allows Zama to focus on enhancing compliance efforts.
- Circle freezes $12.6M of USDC linked to privacy protocol Zama
Circle froze $12.6 million in USDC associated with privacy protocol Zama. Onchain analyst ZachXBT suggested the freeze is likely tied to an ongoing unrelated civil court case.
- Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
A Cosmos-based Gravity Bridge was drained of $5.4 million through suspected key compromise. The attacker stole USDC, ether, tether, and PAYG tokens, with some funds laundered via ChangeNow and Binance.
- Trezor adds native USDt, USDC yield via Morpho integration
Trezor has integrated Morpho to enable users to earn native USDt and USDC yields directly through the Trezor Suite. This feature eliminates the need for external wallets or separate DeFi applications.
- Cash App lets users send USDC stablecoins on chains like Solana and Ethereum
Cash App now allows users to send USDC stablecoins on blockchain networks including Solana, Ethereum, Polygon, and Arbitrum. Despite this expansion, Cash App executive Miles Suter emphasized the company's continued focus on Bitcoin.
- Prediction markets enter the derivatives era: XBIT DEX opens whitelist for prediction leverage, launching a 35,000 USDC campaign
XBIT DEX introduces leverage to on-chain prediction markets, focusing on the 2026 FIFA World Cup as its initial category. The platform has launched a whitelist application and a 35,000 USDC campaign.
- Circle partners with Nium to connect USDC settlement to global payout rails
Circle and Nium have partnered to connect USDC stablecoin settlement with global payout systems, enabling transactions across 190 countries and 100 currencies. The collaboration aims to expand digital asset integration into traditional financial infrastructure.
- Traders once again prefer dollars over bitcoin. USDT, USDC dominance rises.
Traders are showing increased preference for US dollars over Bitcoin, with stablecoins USDT and USDC gaining dominance in the market. This shift highlights a trend toward traditional fiat currencies and stable digital assets amid cryptocurrency volatility.
- Whatever happened to Kontigo?
Kontigo was a Maduro-backed cryptocurrency application that allowed users to hold and spend USDC through a card in Venezuela. The platform lost support from Rain, Stripe, and Bridge after journalist Jason Mikula reported on its sanctions exposure.
- Will Only Bot Activity Have Attractive Yield?
A protocol developer questions whether bot arbitrage activity can generate attractive yields on a liquid-locked derivative token pair. Testing on BASE with a memecoin showed minimal arbitrage activity ($1-3 trades) and only 1.1-1.5% APY with full-range liquidity, despite observing a 10% spread that no bot closed.
- Solana weekly report 1
Solana's DeFi ecosystem has cooled significantly with TVL at $6B (53% below ATH), but institutional flows remain strong driven by SOL ETFs reaching $1B in inflows and RWA growth crossing $2.5B. Capital is shifting away from speculative DeFi toward structurally stickier categories like real-world assets and stablecoins, which maintain $13B+ in liquidity despite a market pullback.
- Fees, swap and stablecoins
A developer is exploring the feasibility of creating an arbitrage trading bot that swaps SOL for stablecoins with minimal capital requirements and low hardware overhead. The inquiry focuses on comparing fee structures between swapping SOL to USDC versus regional stablecoins like EURC, using Jupiter as the execution protocol.
- Aave: Why does the USDC yield spike daily on a specific time?
The USDC yield on Aave spikes daily at a specific time without fail, as shown in an attached screenshot. This phenomenon occurs on a daily basis. The cause of this spike is unknown.
- Cheapest way to move USDC from Solana to Ethereum?
The author tried three different bridges to move USDC from Solana to Ethereum and found a $22 difference per thousand. The best quote was $993 per $1000 and the worst was $971. The author is seeking information on the most fair route for this transfer.
- Why is my SOL swap always worse than quoted?
The author experiences significant slippage when swapping SOL for USDC, particularly for amounts over $5k. They tried breaking it into smaller chunks, but this resulted in multiple fees. The author is looking for a platform that can handle larger swaps without affecting the rate.
- Where to buy XMR/Monero in the US?
The user is trying to buy XMR/Monero in the US using BTC or USDC, but most major exchanges no longer carry it. The user is looking for a reliable way to do this with decent rates and minimal hassle. The post is seeking advice from others who may have found a solution.
- Cheapest DEX for swapping above $10k?
The user swapped $22k of ETH to USDC on Uniswap and lost $480 to slippage, experiencing price impact issues with larger swaps above $10k. They are seeking a better alternative for larger swaps. The issue was not encountered with smaller amounts.
- Are your LPs actually beating just holding, or does the APR make it feel better than it is?
The article discusses whether liquidity providing (LPing) strategies are truly effective when compared to simply holding assets. It highlights the importance of properly measuring results and considering factors such as fees and inventory changes. LPing may still be beneficial in certain market conditions.
- How do I get USDC from ETH into Hyperliquid?
The user is trying to transfer USDC from Ethereum mainnet to Hyperliquid for trading purposes and is looking for a simple and cost-effective method. They are seeking advice on the best way to do this without incurring high fees. The user wants to know what others are using for this process.
- Why do bridges still fail so often in DeFi
The Verus Ethereum Bridge was exploited for around $11.58 million, damaging confidence in DeFi and highlighting the need for ecosystems that reduce dependence on bridging. The exploit included ETH, tBTC, and USDC funds. This incident underscores the ongoing problem of bridge failures in DeFi.
- Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say
Hyperliquid's deal with USDC could positively impact HYPE and put pressure on Circle and Coinbase's margins. This partnership may lead to increased competition in the market. Analysts believe this move will have significant effects on the industry.