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Arbitrum Security Council Member Demands USDC Boycott Over Circle's Inaction on Hackers
Griff Green from Arbitrum's Security Council accused Circle of ignoring hacker exploits and urged users to sell USDC to pressure the company into action.
Meta Launches USDC Payments for Content Creators as Visa Expands Stablecoin Infrastructure
Meta has begun paying content creators in USDC via Polygon and Solana wallets. Meanwhile, Visa added five new blockchain networks to its pilot stablecoin project.
Aave Deposits Plunge by $16 Billion in Days Following Kelp Hack
Aave's total deposits dropped 35% from $45.8 billion to $29.6 billion after the Kelp exploit. The protocol's TVL has fallen to $15.1 billion, while AAVE token lost 13.8% in a week.
Volo Protocol on Sui Hacked for $3.5M from WBTC and USDC Pools
Hackers exploited a vulnerability in the Volo liquid staking protocol on Sui, draining approximately $3.5M from WBTC, XAUm, and USDC vaults. The team has frozen contracts and recovered part of the stolen funds.
BIS Chief Likens Stablecoins to Investment Products, Calls for Global Regulation
Bank for International Settlements General Manager Agustín Carstens' successor Pablo Hernández de Cos compared stablecoins to exchange-traded funds, citing redemption issues and persistent peg deviations, as total stablecoin supply surpasses $300 billion.
Circle Launches USDC Bridge for Native Cross-Chain Transfers
Circle has released USDC Bridge, a cross-chain transfer tool built on CCTP that uses a burn-and-mint mechanism to move USDC natively between blockchains, eliminating the need for wrapped tokens.
Drift Protocol Hack Victims File Class Action Lawsuit Against Circle Over $230M in USDC
Over 100 victims of the Drift Protocol exploit have filed a class action lawsuit against Circle in Massachusetts court, accusing the USDC issuer of negligence and enabling hackers.
Circle CEO Sees 'Enormous Opportunity' in Yuan Stablecoin
Jeremy Allaire highlighted the significant potential of a Chinese yuan-backed stablecoin, predicting its emergence within 3–5 years. Meanwhile, Chinese regulators maintain a cautious stance on stablecoin development.
Polymarket Announces Own Stablecoin and Major Exchange Upgrade
Prediction market platform Polymarket is rolling out its biggest infrastructure update ever, including a rebuilt trading engine, upgraded smart contracts, and a new collateral token called Polymarket USD to replace USDC.e.
ZachXBT Accuses Circle of Delays in Freezing $420M in Illicit USDC Funds
Blockchain investigator ZachXBT published a detailed report documenting 15 cases since 2022 where Circle failed to promptly freeze illicit USDC funds totaling over $420 million.
Circle Unveils cirBTC — Its Own Wrapped Bitcoin for Institutional DeFi
USDC issuer Circle has announced cirBTC, a wrapped Bitcoin token backed 1:1 by real BTC, targeting institutional participants and the broader DeFi ecosystem.
Drift Protocol on Solana Hacked for $280M in Sophisticated Durable Nonce Attack
Solana-based DeFi platform Drift Protocol lost at least $280 million in a hack on April 1. The DRIFT token dropped 37% while Circle faces criticism for failing to freeze stolen USDC.
Standard Chartered: Stablecoin Velocity Has Doubled in Two Years
Standard Chartered's Geoffrey Kendrick found that stablecoin turnover velocity has doubled over the past two years, with tokens now changing hands roughly six times per month. USDC from Circle was the primary driver.
Fannie Mae to Accept Bitcoin as Mortgage Collateral via Coinbase and Better Partnership
US mortgage giant Fannie Mae is set to accept Bitcoin and USDC as collateral for home loans through a joint product by Better Home & Finance and Coinbase, with no margin calls or forced liquidations.
ZachXBT Calls Out Circle for Wrongful Freeze of 16 Business Wallets
On-chain investigator ZachXBT found that 16 wallets frozen by Circle belong to legitimate businesses unrelated to the underlying court case. Circle has yet to comment on the incident.
Bitwise Projects USDC Growth to $75B After Circle Stock Drops 20%
Circle shares plunged 20% amid fears over the Clarity Act's stablecoin provisions, but Bitwise analysts called the sell-off overblown and forecast USDC market cap reaching $75 billion.
Bernstein: AI Agents Could Become the Key Growth Driver for Stablecoins
Bernstein analysts argue that AI-powered payments could significantly boost stablecoin adoption, even though current machine-to-machine transaction volumes remain modest.
Top 10 Dollar Stablecoins in 2026: From Dominant Players to Exit Candidates
The stablecoin market has surpassed $311 billion in total capitalization. Here's a breakdown of the ten largest USD-pegged stablecoins — from undisputed leaders Tether and Circle to ambitious newcomers.
TRON's Share in Stablecoin Transactions Plunges to 14.6% as Solana and Ethereum Gain Ground
Visa's analytics dashboard shows TRON lost over 20 percentage points of stablecoin transaction market share in one year, while USDC now consistently exceeds USDT in adjusted volumes.
Injective Integrates Native USDC — While Bug Bounty Dispute Erupts
Injective announced native USDC and CCTP integration from Circle. At the same time, security researcher f4lc0n accused the team of offering $50K instead of $500K for a critical vulnerability that put $500M at risk.
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