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The stablecoin market is experiencing a strong recovery in recent months: the market cap has finally returned above $140 billion.

As the cryptocurrency market is expected to enter into a bullish era soon as it undergoes a new phase in its market cycle, the resurgence of USD Coin aka the USDC, the second-largest stablecoin by market cap, is gaining significant heights. Recent reports show its impressive surge in liquidity, surpassing its competition coins.

TL;DR The Circle's USDC has experienced notable growth in non-US markets in recent months, with a market capitalization surpassing $28 billion. This resurgence in the market is attributed to several factors. A recent Coinbase report indicates renewed interest in the stablecoin, driven by the overall upturn in the crypto market and growth in international markets.

Total market cap of the dollar-linked coin has increased faster than larger rival USDT's in recent months.

Circle announces a new partnership to bring programmable USDC wallets to the Metaverse.

Users of the TRON blockchain network will no longer be able to use USDC natively. The announcement was made by Circle in a blog post.

Stablecoin issuer Circle has teamed up with Krafton-backed Overdare to expand the use cases of programmable USDC wallets. In a blog announcement on Feb.

The cryptocurrency market is deeply intertwined with technological advancements. From the development of new blockchain protocols to enhancements in crypto security, staying informed about tech trends is crucial.

Tron's daily network revenue rallied to an all-time high on the day Circle decided to stop minting USDC on the chain.

Circle's USD Coin (USDC) has been launched on the Celo blockchain, resulting in a 9% surge in CELO token value. San Francisco-based Financial services company Cricle announced the integration earlier this week.

Stablecoin issuer Circle is ending support for its US dollar-pegged digital coin on the Tron (TRX) blockchain. Circle says it will stop minting USDC on the Justin Sun-founded network effective immediately, though it will continue to support transfers and redemptions until February 2025.

Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and Celo's shared mission of increasing financial access.

Circle, the entity behind the widely-used crypto stablecoin USDC, has announced the termination of its association with the TRON blockchain, sparking intense speculation within the crypto community. The decision, effective immediately, halts the minting of new USDC tokens on TRON, although existing transfers and redemptions will continue until February 2025.

Circle, the creator of the USD Coin (USDC), a stablecoin pegged to the United States dollar, has announced its decision to discontinue its support for the token on the Tron blockchain.

Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new USDC tokens on TRON, though transfers and redemptions will be facilitated until February 2025.

Circle, a major stablecoin issuer, has announced its decision to halt minting on the Tron layer-1 blockchain, marking the initiation of a phased withdrawal from the network. This move comes amidst concerns regarding Trons compatibility with Circles risk management framework and ongoing legal challenges faced by Trons founder, Justin Sun, in the United States.

The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun's bank.

Circle, the issuer of the USD Coin (USDC) stablecoin, has announced the cessation of its support for USDC on the Tron blockchain. “Circle is discontinuing support for USDC on the TRON blockchain in a phased transition. Effective immediately we will no longer mint USDC on TRON,” it said.

In a move that reverberates across the cryptocurrency landscape, Circle, the mastermind behind the world's second-largest stablecoin, has dropped a bombshell announcement: the cessation of USDC minting on the TRON network. While existing support for the stablecoin will endure until February 2025, this decision marks a significant shift in Circle's risk management strategy, leaving TRON users with a year to migrate their assets to alternative networks or fiat currencies.

Understanding the ripple effect of Circle's 335 million USDC exit from one of the largest stablecoin hubs, Tron.

In a move sending shockwaves through the crypto world, Circle, the issuer of the world's second-largest stablecoin, USDC, announced today it will no longer support the Tron blockchain. This decision, effective immediately for new mints and phased out entirely by February 2025, has ignited speculation about the motivations behind this significant shift.

Discover the top stablecoins set to dominate 2024. These key players promise stability and growth in today's market.

It could be part of a long-time realignment separating compliant and gray-market crypto, says Daniel Kuhn.

Peer-to-peer payments company Circle will discontinue its support for stablecoin USDC on Justin Sun's Tron network.