Solana Stablecoin Market Cap Surges to $10 Billion Amid Memecoin Boom

The Solana blockchain has hit a major milestone, with its stablecoin market cap reaching an all-time high of $10 billion, representing a 69% increase over the past week. The dramatic growth has been fueled by a surge in memecoin trading activity and the network’s appeal as a scalable and efficient blockchain for decentralized finance (DeFi) … Read more

Circle CEO Expects President Trump to Issue Executive Orders Allowing Banks to Trade and Hold Crypto

The growing adoption of crypto in the U.S. can be accelerated through executive orders permitting banks to trade and hold cryptocurrency. Circle CEO Wants Executive Orders for Broader Access to Crypto Jeremy Allaire, the CEO of Circle, anticipates executive orders from President Donald Trump that will permit banks to trade crypto, provide wealthy clients with … Read more

$USDC Minting and Whale Activity Signal Big Moves on Solana

The @Circle USDC Treasury has minted an additional $250 million USDC on the Solana blockchain. This brings the total amount minted on Solana to a staggering $1.5 billion in just the past 15 days. The influx of USDC highlights Solana’s growing role as a preferred network for stablecoin activity and decentralized finance (DeFi) applications. 🚨JUST … Read more

Nubank Expands USDC Rewards Program to All Customers

Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil. Nubank Opens Access to USDC Rewards Program Nubank, one of the biggest companies in Latin America and the largest neobank in … Read more

Circle Reports $18 Trillion in Lifetime USDC Transactions

The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment … Read more