USDC News & Analysis Today

USDC, or USD Coin, is one of the better-known stablecoins in the crypto space. It was launched in 2018 by Circle together with partners like Coinbase, and the idea behind it is simple — each token is meant to hold the same value as one U.S. dollar. Instead of being just another cryptocurrency with a floating price, USDC is designed to stay steady, making it useful for payments, trading, and moving money quickly between platforms. The coin itself doesn’t come from a central bank — it’s managed by a consortium of private companies. When someone wants to create USDC, they send dollars to the issuer, which then locks that money into reserves and issues the same amount of tokens on the blockchain. If you want your dollars back, the process just runs in reverse. Circle says that the reserves are regularly checked by external firms, though it’s not a full audit.

Coinbase Urges U.S. Treasury to Keep GENIUS Act True to Its Core

Coinbase Global, one of the largest U.S. crypto exchanges, has urged the Treasury Department to stay true to the original goals of the GENIUS Act — the new law designed to guide stablecoin regulation in the United States. The company warned that overreaching rules could hurt innovation and weaken America’s leadership in digital finance.
WLFI Expands USD1 on Solana Through Partnership with Bonk and Raydium

World Liberty Financial (WLFI), the crypto venture tied to former U.S. President Donald Trump, has unveiled a major partnership to expand deeper into the Solana ecosystem. The move marks the next phase of WLFI’s strategy to boost adoption of its own stablecoin USD1 across Solana’s fast-growing DeFi sector.
Coinbase Reports Strong Q3 2025 Growth — Stablecoins and Derivatives Drive Profits

Coinbase shows solid growth in the third quarter — stablecoins and derivatives are on the rise
TOKEN2049 Singapore 2025: Stablecoins Top $300B as Asia Leads Web3, Tokenization, AI & ZK

TOKEN2049 Singapore (October 1–2, 2025) reaffirmed its status as one of the most influential events in the crypto industry. Following the spotlight on TOKEN2049 Dubai earlier this year, the Singapore edition once again underscored Asia’s central role in the growth of Web3.
Nationalization of Stablecoins — Could the U.S. Take Control of USDT and USDC?

Stablecoins have become a cornerstone of the crypto economy. Their combined market cap now exceeds $301 billion, and the biggest tokens have cemented their place among the top 10 digital assets. For many users, “stable” coins are a convenient way to store funds, bypass restrictions, and make cross-border payments.
Base Pushes Beyond Dollar Stablecoins with New Global Options

The dominance of dollar-pegged stablecoins became a key topic at the Token2049 conference in Singapore on Thursday, where Jesse Pollak, creator of the Coinbase Base network, called for urgent diversification.
Stablecoin Rewards Clash: Banks vs Crypto in CLARITY Act

A major showdown is unfolding between Wall Street banks and the crypto industry over the CLARITY Act. At the heart of the bill is a proposal to ban stablecoin rewards on crypto platforms. Banks insist the move is needed to protect the traditional financial system, while crypto advocates see it as a power grab to preserve bank dominance at the expense of users.
Stablecoin Market Cap Surpasses $300B, Led by USDT

The total market capitalization of stablecoins has surpassed $300 billion for the first time, highlighting the growing demand for this segment of digital assets. According to data from DefiLlama and RWA.xyz, net inflows over the past 90 days exceeded $46 billion.
SoftBank, Ark Eye Tether Stake as Kraken Preps IPO

Japanese giant SoftBank and Cathie Wood’s Ark Investment are holding early-stage discussions about taking part in Tether’s record-breaking fundraising, Bloomberg reports.
Nine European Banks Unite to Launch Euro-Pegged Stablecoin Under MiCA

A group of major European banks has joined forces to create a consortium aimed at issuing a euro-pegged stablecoin under MiCA regulations. The initiative seeks to provide a European alternative to the dominance of U.S.-based stablecoins.
JPMorgan Warns of a “Stablecoin Race” in the U.S. Market

The upcoming surge of U.S. stablecoin launches risks becoming more of a redistribution battle than true market growth, according to a JPMorgan report cited by CoinDesk.
Coinbase Pushes Back Against U.S. Banks Over Stablecoin Rewards
Coinbase has found itself in a direct showdown with U.S. banks, with stablecoins at the center of the conflict. The controversy revolves around the rewards that exchanges like crypto exchange Coinbase and Kraken pay to users who hold USDC and other stablecoins.
MemeCoin Boom: Pump.fun Tops $1B Daily Volume, Circle Bets on Hyperliquid with USDC

On September 15, the meme-coin launchpad Pump.fun saw its daily trading volume cross the $1 billion mark for the first time since July, according to figures from DEX Jupiter.
Ethereum Is Dying? Messari Analyst Sparks Debate

A research manager at crypto analytics firm Messari sparked heated debate over the weekend after declaring that Ethereum is “dying” and that its fundamentals are collapsing. But is ETH really on the brink?
Circle’s $618M Risk: How Fed Rate Cuts Could Shake USDC

Stablecoin giant Circle, the company behind USDC, could be facing a serious squeeze on its bottom line if the Federal Reserve goes ahead with expected interest rate cuts next month.
Stripe Expands Crypto Push with Privy and Bridge Acquisitions

Global payments giant Stripe has agreed to acquire crypto wallet provider Privy, aiming to make integrated wallet functionality a core feature of its expanding payment ecosystem. The terms of the deal remain undisclosed, with completion expected within weeks, according to Bloomberg.
Anti-Corruption Agency Finds No Wrongdoing in Milei’s Libra Endorsement

Argentina’s Anti-Corruption Office (OA) has concluded its ethics investigation into President Javier Milei’s public endorsement of the Libra token, finding no violations and officially clearing the president of wrongdoing.
Circle Shares Skyrocket 168% on NYSE Debut

Circle, the issuer of the USDC stablecoin, has officially gone public on the New York Stock Exchange (NYSE) under the ticker CRCL. The listing marks a major milestone for the company, whose shares are now available to global investors and institutions, positioning Circle as a central player in the future of digital finance.
Uber Eyes Stablecoins to Cut Cross-Border Payment Costs — Bitcoin Remains Off the Table

Uber is actively exploring the use of stablecoins as a means to reduce costs associated with international money transfers. While the ride-hailing giant currently has no formal roadmap for integrating cryptocurrency-based payments, its CEO has highlighted stablecoins as a promising tool for enhancing operational efficiency on a global scale.

USDC News & Analysis Today

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