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news-imageMarch 13, 2025

Beta version of USDC now live on Japan's SBI VC Trade platform

USDC, the second-largest stablecoin by market cap, is now available to a limited user base on Japanese financial giant SBI's VC Trade platform in a beta release. SBI says it will provide users with “access to digital US dollars” and promote “development of the digital economy.
Publisher: Cryptopolitan
Sentiment: Positive
USDC

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Positive
cover-imageCointelegraph
March 13, 2025

USDC, USDt stablecoins are ‘store of value' in Latin America — Bitso

Stablecoin adoption in Latin America is increasing as more users turn to Circle's USDC and Tether's USDT for financial stability, according to a new report from cryptocurrency exchange Bitso.The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, the firm said in its third edition of the Latin America Crypto Landscape report issued on March 12. The report highlighted a significant increase in stablecoin adoption on the platform, with total stablecoin purchases surging 9% from 2023.

Positive
cover-imageCointelegraph
March 10, 2025

Thailand regulator approves USDT, USDC stablecoins

The Thailand Securities and Exchange Commission (SEC) has approved Tether's USDt (USDT) and Circle's USDC (USDC) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across the country.Thailand's SEC announced the approvals last week after soliciting feedback from the public on proposed regulatory changes that were finalized in February and scheduled to go into effect on March 16. As Cointelegraph previously reported, there have been growing calls within Thailand to legitimize cryptocurrency usage and urge stablecoin adoption to boost domestic revenue.

Positive
cover-imageCointribune
February 25, 2025

Dubai Officially Recognizes USDC and EURC as First Regulated Stablecoins

In a major advancement for the adoption of stablecoins in the financial sector, the Dubai International Financial Centre (DIFC) has officially recognized USDC and EURC as the first regulated stablecoins within its legal framework. This recognition marks a key milestone for Circle as it establishes itself against its direct competitor, Tether's USDT.

Negative
cover-imageBitcoin
February 25, 2025

Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited

Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway.

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