Circle Claims USDC Stablecoin Is Now Fully Backed by Cash, US Treasuries
Circle's latest report follows a move from fellow stablecoin issuer Paxos last week to release a detailed breakdown of all assets held in reserve.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency 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
OCC Proposes Weekly and Quarterly Reporting Forms for Stablecoin Issuers
TL;DR: The OCC has published revised reporting forms intended to let supervisors monitor the financial condition and activity of p...
Circle mints 750M USDC on Solana, boosting potential liquidity
Increased USDC minting on Solana may enhance network liquidity, potentially influencing market dynamics and stablecoin demand tren...
MoneyGram deepens Stellar partnership from USDC ramps to its own stablecoin
MoneyGram's deepened Stellar partnership highlights blockchain's evolving role in global finance, emphasizing trust and gradual in...
Arc Surges $1 Billion in USDC Circulating Supply
Key Takeaways: Circle’s Arc blockchain has amassed over $1 billion worth of USDC about 6 weeks after its launch. Arc’s stablecoin...
Ripple and DriveWealth Link Stablecoin Settlement to Global Brokerage
TL;DR: Brokerage infrastructure provider DriveWealth is working with Ripple to incorporate stablecoin settlement and digital-asset...
Ripple Expects Its Stablecoin to Reach Robinhood App Users Later This Year
Robinhood plans to bring Ripple’s dollar stablecoin, RLUSD, into institutional settlement on the XRP Ledger and to put its corpora...