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Circle's USDC has reached a record circulating supply of approximately $81 billion, with demand in the Middle East cited as a contributing factor. In a separate development on the same day, Mizuho Securities analysts reported USDC has surpassed Tether's USDT in adjusted transaction volume for the fi

Circle’s USDC stablecoin has overtaken Tether’s USDT in transaction volume for the first time in several years, marking a notable shift in activity across the stablecoin market. According to a research note from Japanese investment bank Mizuho, USDC has processed approximately $2.2 trillion in adjus

South Korea's Financial Services Commission is preparing guidelines that will end a near-nine-year ban on corporate cryptocurrency investment - but will exclude dollar-pegged stablecoins, including Tether's (USDT) and Circle's (USDC), from permitted holdings. The decision was confirmed at a March 5

Circle's USDC processed more than double Tether's transfer volume in February, according to on-chain data from analytics firm Allium, even though its market capitalization is less than half of Tether's. Total stablecoin transfer volume reached $1.8 trillion for the month - the highest monthly figure

Shares of Circle (USDC) Internet Group have climbed more than 20% this week, with Mizuho raising its price target to $100 from $90 - while maintaining a neutral rating. The bank tied the rally to oil-driven inflation concerns that could delay Federal Reserve rate cuts, a direct tailwind for Circle's