Circle has recently minted 2 billion USDC in just two days, reflecting the growing demand for stablecoins in high-throughput ecosystems like Solana, where Circle has focused its USDC issuance to facilitate faster transactions in DeFi applications. This minting activity is transparent, as all USDC mints, burns, and transfers are publicly tracked on block explorers like Solscan.
Binance has taken custody of 89% of the Trump family-linked stablecoin, USD1, which has recently surged 50% in circulation, making it the fifth-largest stablecoin. Issued by World Liberty Financial, a venture tied to the US […]
South Korea’s finance minister, Koo Yun-cheol, announced an urgent review of the management and custody of seized cryptocurrencies following a leak of sensitive information related to confiscated assets. This decision comes in response to a […]
SEC Chair Paul Atkins criticized the previous regulatory approach to cryptocurrency under Gary Gensler, labeling it a “big missed opportunity for the United States.” Atkins emphasized that the SEC is now focused on quickly advancing […]