Solana has seen intense selling pressure from both whales and retail investors over the past month, but analysts still expect a price bounce.

TL;DR On April 8, 2025, the USDC Treasury burned 51 million tokens on the Ethereum network. This move is part of Circle's routine strategy to adjust liquidity and maintain its 1:1 peg to the U.S. dollar. The burn had no negative impact on the market or DeFi ecosystem, reinforcing USDC's strength as a reliable stablecoin.

Sun claimed that First Digital Trust misappropriated $465 million worth of TrueUSD stablecoin reserves, which is being denied by FDT.

Larry Fink, the billionaire CEO of BlackRock, is now locked in with Donald Trump, sitting inside the president's tight inner circle after years of tension with the Republican party.

The payment solution developed by the leading crypto exchange Binance has made the stablecoin USDC the default currency for its new users. In a post on social media platform X, USDC issuer Circle says that its US-dollar pegged stablecoin is now the preset token on Binance Pay, which also supports over 100 other crypto assets.

Today's edition of the weekly recap covers multiple announcements from the U.S. Securities and Exchange Commission (SEC), Circle's initial public offering and the fallout of President Trump's tariffs.

The past week was a whirlwind of activity in the cryptocurrency world. From Ripple's concerns about the UK's crypto regulation to Circle's renewed public listing ambitions, and the anticipated Bitcoin price surge, there was no shortage of intriguing developments.

Stablecoin issuer USDC may delay going public due to concerns about Donald Trump's trade policies and a potential recession.

The Securities and Exchange Commission (SEC) has officially taken a position on one of the most controversial issues in cryptocurrency regulation.

Stablecoins just hit $233B — but is a quiet power shift underway between USDT and USDC?

At the end of March, World Liberty Financial, the crypto company affiliated with President Donald Trump and his family, announced plans to launch a new stablecoin known as USD1.

As waves of economic uncertainty overwhelm the markets, the crypto universe holds its breath. Circle, the stablecoin giant, wavers between ambition and caution.

The stablecoin rivalry between Tether (USDT) and Circle (USDC) shows no signs of cooling down. In the latest exchange, Tether CEO Paolo Ardoino made headlines by stating that Tether doesnt need to go public, a remark interpreted as a subtle jab at Circle, which recently filed for an initial public offering with the U.S. SEC to list on the NYSE.

After Donald Trumps reelection in November, crypto companies grew hopeful about public listings. Trump promised clearer regulations and aimed to make the U.S. a global crypto hub.

Circle's costs in the process of going public are jeopardizing the company's position as the issuer of the second largest capitalization stablecoin.

The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.

Before Trump announced his sweeping tariffs, Circle filed a prospectus for its planned IPO with the SEC.

​Circle Internet Financial, the issuer of the USDC stablecoin, has delayed its plans for an initial public offering due to current market volatility.

Circle, the issuer of the USDC stablecoin, has reportedly delayed its plans to go public. This is due to the growing financial market instability triggered by Trump's sweeping import tariffs and China's earlier retaliation.

Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, is reportedly mulling a delay of its initial public offering (IPO) plans amid the macroeconomic uncertainty created by the Trump administration's trade policies. According to The Wall Street Journal, “Circle had been nearing its next steps in going public, but is now watching anxiously before deciding what to do,” and joins a growing list of companies considering IPO delays, including fintech company Klarna and ticketing firm StubHub.

Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, might delay its planned initial public offering (IPO) amid macroeconomic uncertainty over US President Donald Trump's trade policies, the The Wall Street Journal reported.Circle registered with the United States Securities and Exchange Commission (SEC) on April 1 to take the company public. It is now “waiting anxiously” before taking further steps, the Journal reported, citing people familiar with the matter.

Circle's long-awaited IPO filing reignites hopes for crypto listings, but shaky markets and weak financials raise doubts.

As Circle files for its IPO, what implications will this have for the broader stablecoin market? Can it challenge Tether's $160B dominance?

On April 2, the stablecoin FDUSD briefly dropped in value after Justin Sun, the founder of Tron TRX, accused the company behind it, First Digital, of being unable to meet its financial responsibilities.

Stablecoins continue to accelerate in what has been a volatile year for crypto

First Digital has redeemed almost $26 million in stablecoin withdrawals after its FDUSD token briefly lost its US dollar peg following allegations of insolvency by Tron founder Justin Sun.First Digital USD (FDUSD) depegged on April 2, briefly falling as low as $0.87 after Sun claimed that First Digital was insolvent. On April 4, Sun doubled down on his allegations, claiming the firm transferred over $450 million of customer funds to a Dubai-based entity and that it violated Hong Kong securities regulations.

On April 3rd, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to blockchain tracker Whale Alert. The freshly created tokens, valued at approximately $249.9 million, were issued just hours before press time as part of Circles ongoing efforts to boost USDCs circulating supply and meet growing market demand.

That means anyone signing up for Binance Pay will automatically use USDC for transactions. For starters, sending and receiving money just got easier.

Tron founder Justin Sun has initiated a legal process against First Digital Trust, the issuer behind the FDUSD stablecoin, accusing it of embezzling nearly $500 million in client funds. On a Apr.

On April 3rd, the USDC Treasury, in its regular attempt to boost the supply of USDC in circulation, created 250 million fresh USDC tokens on the Solana blockchain, according to data provided by blockchain tracker Whale Alert.

Borderless CEO Kevin Lehtiniitty gives the bear case for Circle, after the firm filed an S-1 to go public in the U.S.

Singapore-based fiat-to-crypto payments provider Alchemy Pay has expanded its solution with support for Hedera's native token.

FDUSD, the sixth-largest stablecoin (market cap $2.5 billion), saw a significant depeg yesterday morning to $0.91. The peg has since recovered, though FDUSD suffered a market cap loss of about $200m.

Circle's IPO filing reveals surprising revenue-sharing arrangement with Coinbase as USDC maintains stability despite market pressures.

With both Circle and OpenAI making two groundbreaking financial announcements this week, shockwaves have been sent through both the tech and finance worlds.

After the temporary detachment from the dollar of the stablecoin FDUSD, Wintermute quickly transferred 75 million dollars in tokens, taking advantage of an arbitrage opportunity that may have generated over 3 million dollars in profit. Let's see all the details in this article.

FDUSD regained its peg after a brief dip, following accusations that caused a market panic and a withdrawal of funds.

Market makers' blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin.The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the stablecoin issuer was insolvent. Market marker Wintermute transferred over 75 million FDUSD tokens back to First Digital within a day since the stablecoin depegged to $0.87.

The sudden dip caused panic among investors, leading to a 13% drop in value. During this time, the Wintermute trading firm swiftly withdrew 31.36 million FDUSD from Binance.

First Digital USD (FDUSD) crashed and de-pegged as low as 13% after Justin Sun claimed its issuer, First Digital Trust, did not hold sufficient funds to back the outstanding stablecoins. Soon after that, FDUSD returned close to its $1 peg.

A trader spots a promising opportunity on a Cosmos-based exchange, initiates a USDC transfer from Ethereum, and then waits. Twenty minutes pass while market conditions shift with each second.

FDUSD, a stablecoin issued by Hong Kong-based First Digital, briefly lost its $1 peg this week, sparking investor concern over its reserves. Prices dropped as low as $0.87 against Tether (USDT) and $0.76 against Circles USDC on Binance, its main trading platform.

Binance has reaffirmed the accuracy of FDUSD's reserve attestation for February, following concerns sparked by a brief de-pegging event. In an Apr.

A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged his followers to “take immediate action” to protect any assets they held in FDUSD, a

The American fintech firm is planning to go public following the reporting of a bumper stablecoin reserve income for 2024.

We already revisited the Dan Tapiero quote about an imminent “crypto IPO, M&A, SPAC boom.” And I wrote about the possible “feeding frenzy” coming on the M&A side.

Tron founder Justin Sun accused First Digital Trust of being insolvent regarding its TUSD stablecoin. This prompted another FDUSD, another asset from the same company, to temporarily depeg to a low of $0.87.

On today's show, crypto investors await President Trump's announcement on new tariffs on goods imported into the United States. Plus, Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the SEC.