Circle Launches USDC Bridge For Native Cross-Chain Transfers
Circle has launched USDC Bridge, enabling native transfers of its USDC stablecoin across at least 17 blockchains.
Circle has launched USDC Bridge, enabling native transfers of its USDC stablecoin across at least 17 blockchains.
Stablecoin issuer Circle has been hit with a class action over $230 million worth of USDC tied to the Drift Protocol hack on April 1.
Circle CEO Jeremy Allaire says there is “tremendous opportunity” for a yuan‑backed stablecoin within five years, even as China curbs most private yuan stablecoins.
Circle shares drop following an analyst downgrade and ongoing legal scrutiny tied to the Drift exploit, as investors weigh regulatory risks and the outlook for USDC growth.
Standard Chartered says stablecoin velocity has doubled in two years amid rising payments and TradFi activity, led by USDC and new AI-related flows.
Bernstein says Coinbase, Robinhood and Figure are around 60% below 2025 highs but poised to benefit from growth in stablecoins, prediction markets and tokenized credit.
Stablecoins face regulatory pressure as institutions advance adoption, prediction markets tighten rules and AI agents unlock new micropayment models.
Euro stablecoins and Circle’s EURC are dominating non-dollar markets as European businesses slowly take note of stablecoin payments.
Tazapay closed its Series B funding round extension led by Circle and Coinbase Ventures, raising $36 million.
Stablecoin issuer Circle wrongfully froze 16 USDC wallets at the direction of a US federal judge, according to onchain detective ZachXBT.
Bernstein says proposed US stablecoin rules target yield distribution, not issuers like Circle, as USDC adoption and transaction volumes surge.
Circle is working with Sasai Fintech to bring USDC to African payment corridors, as stablecoin adoption rises alongside growing demand for cross-border payments and remittances.
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