USDC News Today

Arkham's analysis reveals a significant increase in USDC minting by Circle, surpassing $8B and raising total supply above $78B. This trend highlights USDC's growing market trust and indicates potential long-term volatility compared to other cryptocurrencies.

On March 16, a whale starting with 0x133 opened a long position of approximately $1.04 million on EUR/USDC with 34x leverage, currently showing an unrealized loss of about 10%. The US job market is cooling with rising unemployment rates, and CPI year-over-year is approximately 2.4%. Market attention is focused on the Federal Reserve's interest rate decision on March 19.

Gate News bot message, in the past 10 hours, whale "0x218" deposited $2M USDC into HyperLiquid to avoid liquidation on its ETH short position with 10x leverage. The position consists of 15,217 ETH valued at $34M, currently showing a floating loss of $3.288M. Despite the current loss on this position

DeFiance Capital founder Arthur believes that the current stock market is priced too optimistically, and market shifts will accelerate adjustments. He thinks that Bitcoin and crypto assets present opportunities to perform amid uncertainty, and recommends a "long crypto, short stocks or high-yield bonds" strategy. Additionally, he mentioned that USDC supply has rebounded to historical highs, which may drive CRCL growth.

Former CEX Chief Technology Officer Balaji Srinivasan is calling on the crypto industry to develop blockchain-based financial tools for refugees and stateless persons to address service gaps caused by population migration. He points out that traditional financial systems often fail during conflicts, while blockchain possesses interference-resistant capabilities. However, despite the demand, related products targeting this demographic remain limited. Stablecoins are playing an increasingly significant role in fund flows, and the future requires more cryptocurrency financial tools oriented toward vulnerable populations.

Gate News: On March 16, according to Onchain Lens monitoring, whale address "0xF78" deposited another 1.5 million USDC to HyperLiquid, bringing the cumulative deposit amount to 7.1 million USD, and opened a 20x leveraged short position on BRENTOIL (Brent Crude Oil). Additionally, the whale currently holds a short position on CL (crude oil futures) worth 8.8 million USD, also using 20x leverage.

Delphi Digital analysis points out that although Tether and Circle's stablecoins are backed by short-term Treasury bills and cash equivalents, they are not completely safe and still face bank run risks. The USDC depegging event in early 2023 demonstrated that stablecoin risks have shifted to issuers, highlighting the dangers posed by their centralization.

Circle's USDC stablecoin has surpassed Tether's USDT in adjusted transaction volume for the first time since 2019, processing approximately $2.2 trillion year-to-date compared to USDT's $1.3 trillion, according to March 13 research from Mizuho Financial Group.

Mizuho Financial Group research shows that USDC's adjusted trading volume will reach $2.2 trillion in 2026, surpassing USDT's $1.3 trillion for the first time, demonstrating its growth in the stablecoin market. USDC performs better in regulated markets, while USDT maintains dominance in emerging markets, reflecting geographic differentiation in the stablecoin market. This phenomenon is closely related to the different regulatory strategies adopted by both.

Circle Skills lets AI agents perform payments, wallet tasks, and smart contract actions using USDC and EURC. Tool integrates with AI platforms like Cursor, Claude Code, and Codex to build stablecoin apps faster. Circle tested AI agents with a $30K USDC hackathon that produced 204

Gate News reported that on March 15, according to Circle's official website data, during the week ending March 12 local time, USDC issued approximately 5.2 billion tokens and redeemed approximately 3.6 billion tokens, with a net increase in circulation of approximately 1.7 billion tokens. As of March 13 local time, the total circulating supply of USDC was approximately 78.7 billion tokens, with reserve assets valued at approximately $78.9 billion.

Mega Bank conducted a practical comparison between stablecoins and traditional banks for cross-border remittances. The results indicate that stablecoins are faster and cheaper for small transfers, but when the amount exceeds approximately $7,000, banks have a significant cost advantage. Stablecoin cross-border remittances are impacted by regulatory restrictions in multiple countries, and real-world application scenarios still require further investigation. Dong Ruibin emphasized that traditional banks possess irreplaceable infrastructure in fund settlement and compliance management.

The market value of USDC, the Circle-issued dollar-pegged stablecoin, is edging toward a new peak of roughly $80 billion as demand intensifies in the Middle East. Data from CoinMarketCap show USDC circulating supply at about $79.2 billion, a fresh all-time high that eclipses the previous peak just s

Gate News reports that on March 15, according to data from Circle's official website, during the week ending March 12, USDC issued approximately 5.2 billion tokens and redeemed approximately 3.6 billion tokens, with circulating supply increasing by approximately 1.7 billion tokens. As of March 13, USDC's total circulating supply was approximately 78.7 billion tokens, with reserve assets valued at approximately $78.9 billion.