A look at the gap between USDT and USDC, as well as a recent development that could boost USDC in the coming months.

SUI, the digital asset driving the Sui Network, reached a pivotal milestone, closing the week at $4.23. This marked a 35% increase within a week, highlighting renewed confidence in the blockchain's capabilities.

Circle will provide Binance with tech and liquidity to strengthen USDC adoption, aiming to challenge Tether's dominance.

Circle and Binance partner to boost global USDC adoption, integrating the stablecoin into Binance's services and corporate treasury.

Backpack, a leading exchange and wallet, integrates Sui's high-performance blockchain to enhance user experience, expanding opportunities for projects and users across multiple platforms.

Circle, the issuer of US dollar pegged stablecoin USDC, and Binance, the world's largest cryptocurrency exchange by user and trading volume, have announced a groundbreaking partnership. The companies revealed the strategic partnership on December 11 at the Abu Dhabi Finance Week.

The crypto market recently experienced a sharp decline of almost 500 billion, while Bitcoin even shed about 8% of its value. However, the altcoin market saw almost a 10% to 20% dip. Amidst this turbulence, experts have accumulated 8 top altcoins with strong potential for gains in the next bullish cycle.

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Circle supports Binance by offering liquidity, technology, and assistance in establishing connections across global finance and commerce.

Circle's USDC is the world's second largest US dollar stablecoin, currently with one-third of Tether's USDT capitalization and circulating tokens. This scenario could soon shift as Circle announces a key partnership with the world's largest crypto exchange, Binance.

The Sui Foundation launches a grant program to fund DeepBook, its native liquidity layer, fostering decentralized finance growth through targeted project support.

The crypto exchange plans to extend the availability of USDC on its platform for trading, saving, and payments applications.

Binance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility and promote adoption. This collaboration also positions USDC as a key corporate treasury asset for Binance, according to an announcement on Dec. 11.

Circle and Binance have announced a strategic partnership aimed at bolstering the financial services ecosystem and fostering the development of global digital assets. They unveiled collaboration during the Abu Dhabi Finance Week.

Binance and Circle have formed a strategic partnership to expand USDC stablecoin services across Binance's platform, reaching 240 million users and including corporate treasury integration.

SUI has recently experienced a 13% price drop, which followed a failed attempt to form a new all-time high (ATH).

Crypto exchange behemoth Binance echoed a frenzy across the broader crypto sector on Wednesday, revealing its strategic collaboration with stablecoin giant Circle. Notably, the partnership comes as an endeavor by the firms to expand the adoption of the USDC stablecoin while also jacking up the global digital-asset financial services ecosystem.

Circle Internet Group and Binance, two of the largest players in the crypto world, have announced a strategic partnership aimed at accelerating the global adoption of USDC and other digital assets. This announcement, made during Abu Dhabi Finance Week, signals a major step toward integrating stablecoins into mainstream finance and commerce.

Stablecoin provider Circle and crypto exchange Binance have announced a new partnership aimed at expanding the adoption of the dollar-backed stablecoin USDC and digital asset adoption. The post Circle and Binance Partner to Boost USDC and Crypto Adoption appeared first on Cryptonews.

Binance and Circle announced a strategic partnership that would integrate the USDC stablecoin into Binance products and services, making it more accessible for users. On Dec.

Key Points:

Binance will make USDC more available to its customers and adopt the stablecoin for its own corporate treasury.

The partnership will bring more USDC trading pairs, special promotions on USDC across trading and other products, Binance CEO Richard Teng said.

The cryptocurrency market is experiencing renewed interest following a $1.7 billion liquidation event that significantly affected traders and market cap. Despite the setback, a recovery trend is emerging, with altcoins showing resilience and potential for growth.

Crypto exchange Bybit has announced the addition of Sui to its recently launched On-Chain Earn platform. On Dec.

Sui is re-thinking what blockchains can be. And this year, many of Wall Street's largest institutions are taking note.

TL;DR Bluefin will launch its native token, BLUE, on December 11, 2024, allocating 17.15% of the total supply to an airdrop for various strategic communities. Beneficiaries include projects from the Sui ecosystem, NFT communities, and collaborators on chains like Solana and EVM networks.

SUI token achieved its highest weekly close at $4.23, marking a 35% gain over seven days, driven by increased trading volume, developer activity, and institutional interest.

SUI closes the week at its highest-ever price since launch, driven by strong market confidence, rising demand, and a bullish network.

Bitcoin (BTC) continues to battle resistance at the psychologically critical $100,000 level, sparking speculation about the future of altcoins like Dogecoin, Pepe, SUI, and Fantom. The cryptocurrency markets current trends indicate consolidation for Bitcoin, while certain altcoins hint at bullish patterns that could signal significant gainsor devastating losses.

Bitcoin's consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM.

Creditcoin, Spacecoin, Sui and Walrus are working on a joint project aiming to improve connectivity and access to financial services in underserved regions via satellite networks.

The Sui (SUI) cryptocurrency has experienced remarkable growth in recent months, attracting considerable attention within the crypto community. As of December 2024, SUI is priced at $4.40, reflecting a significant surge of over 461% this year.

As new stablecoin rules take effect in Europe, Coinbase announced the end of USDC rewards for European users.

Dogecoin eyes a breakout, SUI tests resistance, while FX Guys (FXG) gains traction with its trader-focused decentralized trading ecosystem #pressrelease

SUI has been on an impressive upward trajectory, but signs of potential exhaustion are beginning to emerge. Key technical indicators now suggest the cryptocurrency has entered overbought territory, sparking speculation about whether a pullback could be on the horizon.

The cryptocurrency Sui (SUI) is maintaining its bullish trajectory, showing strong signs of upward movement despite facing some short-term volatility. While the coin consolidates below the $4.00 mark, recent technical indicators and liquidation data point toward the possibility of higher prices in the near future.

Security concerns have surfaced regarding Sky's Lite PSM system, where $756 million in USDC is controlled by an externally owned account, raising questions about potential vulnerabilities and withdrawal risks.

Circle announced this week that USDC became the first stablecoin to gain compliance with new Canadian digital asset regulations. Canada's new regulations call for delisting noncompliant stablecoins after December 31st.

Sui Network (SUI), a high-performance layer-1 blockchain, recently achieved a new all-time high (ATH) of $4.47, marking an impressive 80% gain over the past month. However, the token has since seen a slight pullback to $4.15, registering a 1.61% dip in daily trading.

SUI price has all the elements of a sustained upside, with strong growth in its DeFi performance. What are the odds of a decline?

Bitcoin and crypto are still generally on the up. However, some cryptocurrencies are showing indications that they are perhaps reaching a top.

Sui network's total value locked has reached an all-time high of $1.72 billion as the altcoin hits an ATH on price charts.

SUI token trades near previous all-time highs at $3.83, showing potential for upward movement with key resistance levels at $3.88 and $3.94, while maintaining steady trading volumes and clear technical patterns.

Story Highlights The Sui token hit a new ATH of $4.47 during the early Asian trading hours today. With increasing bullish sentiment in the technical indicators, the altcoin aims at a higher price target. The sustained bullish rally could push the price toward an annual high of ~$5.50.

Phantom has expanded its support to include the Sui network. This will be taking another big step toward becoming a multichain platform.

Circle's USDC became the first stablecoin to meet Canada's Value-Referenced Crypto Asset (VCRA) framework requirements.

As Bitcoin's price stabilizes above $100k, three altcoins, Cardano (ADA), Sui (SUI), and iDEGEN, are making waves with significant developments. Cardano is on the verge of breaching key resistance levels after a strong breakout. Sui reaches new milestones with Phantom Wallet integration, while iDEGEN's innovative presale model garners attention. Cardano breaking out toward $1.