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news-imageJanuary 31, 2025

Circle's USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT)

Circle's dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos' native token, APT, is up on the news, surging by 5.5% in the past 24 hours. The 38th-ranked crypto asset by market cap is trading at $7.91 at time of writing.
Publisher: The Daily Hodl
Sentiment: Positive
APT
USDC

More News Articles

Positive
cover-imageThe Currency Analytics
February 28, 2025

APT Price Soars 12.4% After Bitwise Files for Aptos ETF in Delaware

Bitwise Asset Management has moved forward with a filing to establish an Aptos (APT) exchange-traded fund (ETF) by registering a Delaware trust. This filing marks the first effort by an asset manager to create a dedicated ETF for Aptos, positioning Bitwise as a pioneer in bringing the token to a broader investment audience.

Positive
cover-imageCrypto Economy
February 27, 2025

Bitwise Registers Aptos ETF in the U.S.- APT Skyrockets!

TL;DR Bitwise has registered the “Bitwise Aptos ETF” in Delaware, signaling its intent to file a formal application with the SEC to launch a fund based on Aptos (APT). APT's price surged 10.63% in 24 hours, defying the bearish trend in the crypto market and highlighting the growing interest in this Layer 1 blockchain.

Positive
cover-imageCryptoSlate
February 27, 2025

Bitwise sparks Aptos rally amid crypto downturn with potential ETF

The Aptos (APT) token defied the broader crypto market downturn, surging over 8% after Bitwise registered an interest in launching a spot exchange-traded fund (ETF) focused on the asset. While major cryptocurrencies like Bitcoin and Ethereum dropped more than 3% during this period, APT outperformed the top 50 digital assets, reaching $6.

Neutral
cover-imageInvezz
February 27, 2025

Crypto market update: BTC, KAITO, Aptos, and Stacks

While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed. Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana.

Positive
cover-imageInvezz
February 27, 2025

APT price jumps 15% as Bitwise files for Aptos ETF, seeks early SEC approval

Cryptocurrencies display mixed performances as altcoins seemingly decouple from Bitcoin. BTC plunged to $82K as bearish sentiments grew with Trump tariffs denting the global financial space. However, some altcoins recorded substantial bounce-backs within the past day, signaling the upcoming selective altcoin season. APT soared nearly 15% from daily lows of $5.5411 to $6.3695.

Positive
cover-imageThe Block
February 25, 2025

Aptos Unpacked: Scaling Beyond Limits

The blockchain industry is rapidly advancing, with an increasing need for systems that can handle the surge in demand for transacting and interacting with on-chain applications. However, scaling blockchain networks while maintaining decentralization and security remains a significant challenge. Aptos has made strides in addressing this challenge through its innovative approach to horizontal scaling.

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.

Positive
cover-imageCryptonews
February 24, 2025

Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai

Circle's USDC and EURC have been approved as the first stablecoins under Dubai's crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC). The post Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews.

Positive
cover-imageBitcoin
February 24, 2025

USDC and EURC Break New Ground as Dubai's First Officially Recognized Stablecoins

Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins.

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