Circle's USDC Likely to Remain DeFi's Go-To Stablecoin: Compass Point
Circle’s USDC stablecoin has a dominant presence across the crypto industry’s growing number of decentralized exchanges, lending protocols, and other DeFi settings, the analysts say.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals
Aave's USDT0 stablecoin lending pool on the Monad network displayed a 6.10% annual percentage rate over the weekend, but only abou...
Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes
In decentralized finance, “audited” is often presented as a verdict on an entire project. In practice, an audit usually covers nam...
Aerodrome leads in USDC transfer volume, says Circle CEO
Circle's endorsement of Aerodrome underscores DeFi's growing role in financial systems, but centralization risks could impact netw...
Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath
Coinbase’s new partnership with payments platform Moov gives community banks and credit unions a route to offer stablecoin service...
Thailand’s stablecoin proposal would block transfers to other people’s wallets
Thailand’s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply na...
Kraken Lets Users Earn DeFi Yield on Nvidia and ETF xStocks
Kraken has launched on-chain yield vaults for three tokenised securities, enabling qualified clients to earn variable rewards from...