Intercontinental Exchange (ICE), the $70 billion operator of the New York Stock Exchange, is taking a major step towards integrating stablecoins and tokenised funds into the core of traditional finance.
TL;DR Circle and ICE (Intercontinental Exchange) have signed an agreement to explore the use of USDC and tokenized money market funds (USYC) in innovative financial products. USDC, with over $60 billion in circulation, is positioned as a reliable digital alternative to the US dollar, backed 1:1 by liquid reserves.
Intercontinental Exchange Inc. (NYSE:ICE), the operator of the New York Stock Exchange, has signed a memorandum of understanding with Circle (CRYPTO: USDC) to assess the use of Circle's USDC stablecoin and tokenized yield product, USYC. Under the agreement announced Thursday, ICE and Circle will jointly explore how USDC—a dollar-pegged stablecoin with over $60 billion in circulation—can be applied across derivatives, clearing, and data services offered by ICE.
ICE, the parent company of the New York Stock Exchange, enters into an agreement with Circle to explore the integration of the stablecoins USDC and USYC into its markets, paving the way for innovative and digitized financial solutions. The Intercontinental Exchange Inc. (ICE), parent company of the New York Stock Exchange (NYSE), has signed a memorandum of understanding with Circle Internet Group, a leading company in the fintech sector.
NYSE parent ICE and crypto titan Circle team up in a landmark move to turbocharge Wall Street's adoption of Circle's $60B stablecoin USDC and tokenized money market assets. ICE and Circle Partner to Explore Stablecoin-Based Financial Products Intercontinental Exchange Inc.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is exploring the integration of Circle's stablecoin products—USD Coin (USDC) and US Yield Coin (USYC)—across its financial infrastructure.
Intercontinental Exchange, the company that owns the New York Stock Exchange, has partnered with Circle to start integrating the USDC stablecoin and tokenized money market funds into its platforms.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has entered into a memorandum of understanding (MoU) with Circle Internet Group to explore new product innovations using Circle's USDC stablecoin and USYC tokenized money market fund. The collaboration aims to leverage the capabilities of these digital assets to enhance ICE's existing
The USDC extends its services into operations conducted by Japanese businesses worldwide. Circle strengthened its Japanese business commitments by taking on the role of USDC stablecoin developer.
Hyperliquid has seen over $340 million in USDC outflows following a controversy surrounding JELLY, a token that surged 429% before being delisted.
Circle's USDC stablecoin has reached a new all-time high, surpassing $60 billion in market capitalization.
USDC's market cap has hit an all-time high of $60.2 billion, doubling in just a year.
Circle USDC has reached $60 billion in market cap, marking a new high for the stablecoin as it continues its resurgence. According to Defillama, the stablecoin is now at $60.1 billion in circulating supply.
Stablecoin adoption accelerates as USDC reaches a record $60 billion in market cap, driven by Solana and Ethereum growth, new exchange listings in Japan, and regulatory approvals from Dubai to Asia-Pacific. The post USDC Hits Record $60B Market Cap – Stablecoin Adoption Rising? appeared first on Cryptonews.
USDC set a new all-time high market capitalization above $60 billion as adoption grows and its issuer, Circle, is rumored to be eyeing an IPO.
The USD Coin (USDC) stablecoin from Circle has just reached a record level with a market capitalization exceeding 60 billion dollars. This symbolic milestone is part of a broader trend of expansion in the stablecoin market, which now has a total capitalization exceeding 230 billion dollars.
The stablecoin economy has soared to an unprecedented zenith this week, buoyed by a $10.28 billion expansion in March, propelling its total valuation to $234.60 billion. Concurrently, Circle's USDC has eclipsed the $60 billion threshold for the first time. USDC Climbs While Treasury-Backed Tokens Disrupt Stablecoin Hierarchy Per the most recent data from defillama.
Circle's USDC stablecoin has reached a record $60 billion market cap, surpassing its previous high of $55 billion in June 2022.
Fidelity Investments, one of the world's largest asset management firms with $5 trillion in assets, is preparing to deepen its involvement in the crypto market by launching its own stablecoin.
USDC is distributed across multiple blockchains, with Ethereum holding the most at 36.2 billion tokens, followed by Solana with 10 billion.
SBI VC Trade launched USDC in Japan on March 26, marking the first regulatory approval for a global stablecoin in the country. Binance Japan, bitbank, and bitFlyer to list USDC soon, expanding access to regulated stablecoin trading.
USDC becomes Japan's first approved global stablecoin, launching March 26 on SBI VC Trade with more exchanges to follow.
Circle will launch the stablecoin USDC in Giappone on March 26 thanks to a partnership with SBI Holdings. The operation follows the approval of the Japan Financial Services Agency (JFSA) and represents a significant step for the adoption of digital currencies in the country.
Circle's USDC (USDC) has become the first and only stablecoin officially approved for use in Japan's regulated financial market. This marks a significant step toward mainstream adoption of the stablecoin in one of Asia's largest economies.
Circle announced it will launch the USDC stablecoin on the Japan SBI VC Trade cryptocurrency exchange on March 26.
Circle, the issuer of USD Coin (USDC), is launching the stablecoin in Japan on March 26 through a strategic partnership with SBI Holdings. The move marks a major milestone for Japans blockchain ecosystem and the global stablecoin market.
USDC stablecoin will first be listed on Japan's SBI VC Trade crypto exchange, followed by other major exchanges, including Binance Japan. The post SBI Group to Launch USDC Stablecoin in Japan on March 26, Circle Confirms appeared first on Cryptonews.
Circle, the issuer of the USDC stablecoin, has made history by becoming the first and only stablecoin approved for use in Japan. With this green light, Circle is set to launch USDC in Japan on March 26 through a strategic partnership with SBI Holdings.
Circle is set to launch its USDC stablecoin in Japan on 26 March, in partnership with SBI Holdings. SBI VC Trade, a subsidiary of SBI Holdings, will spearhead the initial launch of USDC in Japan on March 26, paving the way for the stablecoin's broader integration across the country's digital asset exchanges.
SBI VC Trade is preparing for an imminent rollout of USDC, with domestic exchanges planning to list and distribute USDC in the near future.
Circle is bringing USDC to Japan through a partnership with SBI Holdings, marking a major step for stablecoin adoption in the country. According to a Mar.
Circle CEO Jeremy Allaire said USDC has become the 'first and only stablecoin' approved by Japanese regulators to be available on exchanges.
Circle and SBI got the green light to launch USDC in the country earlier this month.
Most Spanish crypto traders are HODLing their coins, and the majority favor Bitcoin (BTC) and USD Coin (USDC), a recent survey has found. The post Most Spanish Crypto Traders Are HODLing BTC, USDC – Survey appeared first on Cryptonews.
Circle said it will officially launch its stablecoin in Japan on March 26 after one of its local partners received regulatory approval to list the US dollar stablecoin three weeks ago.USDC (USDC) will first be listed on the “SBI VC Trade” crypto exchange under a joint venture between its parent firm — Japanese financial conglomerate SBI Holdings — and Circle's Japanese entity Circle Japan KK, Circle said in a March 24 statement. The news comes three weeks after SBI VC Trade secured an industry-first regulatory approval on March 4 to list USDC under the Japan Financial Services Agency's stablecoin regulatory framework.
Circle, a global financial technology firm and issuer of the USDC stablecoin has announced the expansion of its operations in Japan. This development comes as USDC becomes the first dollar-backed stablecoin approved for circulation under Japan's stablecoin regulatory framework.
GCash has added support for USDC, making it easier for Filipinos to send, save, and spend digital dollars. Over 100 million GCash users can now buy, hold, and send USDC through GCrypto, the app's crypto platform.
KuCoin has introduced new USDC trading pairs for Stellar (XLM), Toncoin (TON), and Ethena (ENA). Following the announcement, the prices of all three tokens saw modest gains as traders responded to the development.
GCash, the Philippines largest digital wallet app with over 80 million users, has officially integrated support for the USDC stablecoin, marking a significant move toward mainstream crypto adoption in Southeast Asia. The news was confirmed by Circle CEO Jeremy Allaire, who noted that this integration could bring another 100 million users into the USDC ecosystem.
Gcash opens access to USDC for 100 million users in the Philippines, enabling stable, dollar-backed digital currency use for global payments, savings, and financial empowerment.
The country's largest digital wallet platform now offers support for stablecoins via USDC.
GCash, the Philippines' leading digital money app, announced support for Circle's USD Coin (USDC). Users in the country can now hold and transact with the stablecoin.
This move strengthens Sonic's ecosystem, making it easier and safer for users to move USDC across chains. Bridges often feel like a roll of the dice—slow, costly, and sometimes risky.
Stablecoins are rapidly evolving beyond their original role as digital cash substitutes, with a new generation of yield-bearing and revenue-sharing models reshaping how these assets are used in financial ecosystems, according to a report. What Happened: The report, by Foresight Ventures, explores how these innovations may soon position stablecoins as a distinct financial asset class, unlocking new forms of passive income and challenging legacy banking models.
Stablecoins surpass Visa, Mastercard in transaction volume, signaling a major shift in global finance.
Ethereum continues to dominate the stablecoin market, with USDC and USDT accounting for the majority of the $850 billion in transaction volume recorded last month.
Stargate, a composable liquidity transport protocol, has announced its integration with Circle's cross-chain transfer protocol. In an announcement on Mar. 19, Stargate (STG) said integrating stablecoin issuer Circle's Cross-Chain Transport Protocol is a major development.
On-chain data showed that Ethereum hosted $35 billion in USDC stablecoins and $67 billion in USDT.