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Seeking to capture some of the growing stablecoin market, Ripple is launching a competitor to Tether and Circle's stablecoins.

The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company.

Stablecoin supply on the layer-1 blockchain network Solana has increased steadily since the beginning of the year, crossing the $3 billion mark during the past week. Data from the blockchain analytical platform Artemis shows that the stablecoin supply on the network has increased by 55.72% in the last three months to reach $3.12 billion.

The cumulative supply of Tether, USD Coin, and Dai has risen to 141.42 billion dollars.

Binance, a leading cryptocurrency exchange platform, has unveiled an enticing promotion aimed at enhancing trading opportunities for its users. The promotion targets USDC spot and margin trading pairs, offering discounted taker fees to participants.

Whales might be waiting for the market to correct significantly to fill up their coffers.

Manta Network bridges wUSDM withdrawals to USDC via Ethereum mainnet.

CryptoQuant, an on-chain crypto analytics firm, reports the largest inflow of the stablecoin USDC to Coinbase, amounting to $1.4 billion.

Coinbase, an outstanding cryptocurrency exchange, received $1.4 billion, the USDC stablecoin backed by the USA dollars and Circle issued. This deal has kept the process of cryptocurrency currency brainstorming, as for the majority, it is considered a clear indication of investors' readiness to invest their money in this domain of digital finance.

On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here's why this may be relevant for Bitcoin.

On March 29, a massive $1.4 billion transfer of USDC, a fiat-backed stablecoin issued by Circle, was moved to Coinbase, one of the leading crypto exchanges. Sharing a screen grab that cites CryptoQuant's data, the analyst said the hefty inflow could suggest that bulls might be ready to inject capital.

Meme coin Dogecoin (CRYPTO: DOGE) had an eventful week with a 40.1% gain, outpacing the gains of the largest cryptocurrencies. Here's a look at what happened and what's next.

The $1.4 billion USDC deposit on Coinbase has reignited predictions of yet another Bitcoin pump.

CryptoQuant analyst Maartunn has taken note of the largest influx of the USDC stablecoin in history.

The recent positive run in the cryptocurrency market has sparked a transfer of $1.4 billion worth of USDC to digital asset exchange, Coinbase. According to on-chain crypto analytics firm CryptoQuant, the highest inflow of the stablecoin USDC was recorded with $1.4 billion worth of the asset on Coinbase.

Circle has officially announced the integration of its USDC stablecoin with the zkSync ecosystem. This step is expected to change the liquidity and usability within zkSync, a layer 2 scaling solution to Ethereum that uses zero-knowledge proofs for better performance improvement and cost cut.

Circle has announced the integration of its USDC stablecoin natively into the zkSync ecosystem.

This strategic move heralds a new era of liquidity and functionality for users and developers within the zkSync ecosystem. As zkSync's official USDC, this move significantly boosts the platform's capabilities and user experience.

Circle plans to launch native USDC on zkSync to enhance liquidity and streamline transactions, gradually replacing bridged USDC from Ethereum.

The communication was from Max Branzburg, vice president of product of Coinbase, through an X post on the 27th of March. The announcement came from Max Branzburg, Coinbase's vice president of product, via an X post on March 27.

Coinbase plans to store more USDC on its Layer 2 solution Base, aiming for lower fees and faster transaction times.

In a strategic move aimed at taking advantage of lower fees and faster settlement times, Coinbase, one of the leading crypto exchanges, is gearing up to store a greater number of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution.

TL;DR Solana's Integration with Circle's CCTP: Solana has integrated Circle's Cross-Chain Transfer Protocol (CCTP) on its mainnet, enabling seamless USD Coin (USDC) transfer across eight blockchains. This marks a significant advancement in blockchain interoperability and efficiency.

This shift of USDC stablecoin to Base will provide faster settlement times and reduced transaction fees for Coinbase.com users.