USDC
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Circle’s USDC sees a massive surge in circulation
It is reported that, according to official data, from February 23 to March 2, Circle issued US $2.7 billion of USDC and redeemed US $1.7 billion of USDC, with …
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Justin Sun transfers 100 million USDCs to Coin An, indicating a possible deal
According to reports, according to Whale Alert data, 100 million USDCs were transferred from the address of Justin Sun’s wallet to Coin An. 100 million USDCs were transferred from Sun Yuchen’s wallet address to Qian An Analysis based on this information:According to recent reports, Justin Sun, the founder of Tron and CEO of BitTorrent, has transferred 100 million USDCs from his wallet to an unknown address associated with Coin An. This move has raised eyebrows among cryptocurrency enthusiasts and investors as it indicates the possibility of a significant deal or investment. USDC, also known as USD coin, is a stablecoin pegged to the US dollar that is issued by Circle and Coinbase. It is often used in cryptocurrency trading and has a market cap of over $3 billion. Sun’s transfer of such a large amount of USDCs is not a common occurrence and could signify a significant investment by Sun or a collaboration between his entities and Coin An. Coin…
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Circle transfers USDC reserve deposits due to Silvergate Bank uncertainty
According to the report, the official website of Circle, the issuer of stable currency, said that due to the continued uncertainty of Silvergate Bank, today Ci…
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Giddy Offers Alternative Payment Method for Polygon Users
It is reported that the encrypted wallet company Giddy is avoiding the need for Polygon users to hold the original MATIC token of the blockchain to pay transac…
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Investors Turn to Stable Currencies After Cryptofriendly Bank Crisis
On March 3, it was reported that after the crisis of Silvergate Capital Corp, a cryptofriendly bank, investors were supporting the circulation of stable curren…
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Decrease in Stable Currency Supply and Trading Volume
According to the report, according to the data of The Block Research, the supply of stable currency issued in February further contracted to US $128.4 billion,…
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TITLE: Huge USDC Transfer Alert
According to the report, Whale Alert data showed that 59103000000 USDCs (US $103001664) were transferred from USDC Treasury to Coinbase at 9:53:59 Beijing time…
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FalconX Sends Millions In USDC To Polygon Multi-Signature Address
It is reported that the 0xScope on-chain monitoring data shows that in the past month, FalconX address sent about 74 million dollars to Polygon multi-signature…
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NFTpay CEO Endorses USDT and USDC for NFT Purchases
It is reported that Michael Krilivsky, CEO of NFTpay, announced that he now supports USDT and USDC to purchase NFT. NFTpay provides customized solutions for or…
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Binance Caught Misappropriating Funds
On February 27, it was reported that Binance had misappropriated nearly US $1.8 billion of B-peg USDC collateral assets from August 17 to 24, 2022, of which US…
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USDC Exchange Deposits Drop to One-Month Low
According to reports, Glassnode data showed that the number of deposits on the USDC exchange was 163.679, a one-month low.
The number of deposits on th…
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USDC Activity Shows Stability Amidst Crypto Market Volatility
According to reports, Glassnode data shows that the number of addresses sent by USDC has just reached 1407.131 in the past hour (the average of 7 days), reachi…
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USDC Active Addresses Dropping: Potential Implications for Crypto Market
On February 25, Glassnode data showed that the number of active addresses (MA on the 7th) of USDC was 2407.268, reaching a one-month low.
The number of…
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Circle’s USDC sees a significant increase in circulation and reserves.
On February 25, according to official data, as of February 23, Circle issued a total of US $2.1 billion of USDC and redeemed US $1.5 billion of USDC in the pas…
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USDC Treasury Destroys Over 118 Million USDC Tokens in One Transaction
According to the report, the monitoring data of Whale Alert showed that at 7:58:23 Beijing time, the USDC Treasury destroyed 118914100 USDCs.
Data: Abo…
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Whale Alert Reveals a Large USDC Transfer from USDC Treasury to Unknown Wallets
According to reports, Whale Alert data showed that at 21:53:47 Beijing time on February 23, 50000000 USDCs were transferred from USDC Treasury to unknown walle…
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Circle Collaborates with Citizens Trust Bank to Advance Financial Inclusion
It is reported that Circle, the issuer of the USDC, announced a cooperation with Citizens Trust Bank, which will hold USDC cash reserves of US $65 million. In …
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Coinbase Transfers 100 Million USDCs to Voyager, Analyst Suggests Purchase of Non-Performing Assets
It is reported that Tom Wan, an analyst at 21Shares, the parent company of ETF issuer and 21. co, a crypto investment product company, released a tweet saying …
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Large Transfer of USDC from Coinbase to Voyager Signals Renewed Interest in Cryptocurrencies
It is reported that PeckShield monitoring data shows that about 50 million USDCs have been transferred from Coinbase to Voyager.
About 50 million USDCs…
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USDC Takes the Lead in Coin Security Reserve
According to the report, according to the encryption analysis company Nansen, the proportion of USDC in the current reserve of nearly $3.372 billion of Coin Se…