Browsing: USDC

Latest USDC news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.

The USDC Treasury has minted 500 million USDC on the Solana blockchain. This significant development reflects ongoing growth and support for the USDC stablecoin. Minting on the Solana network enhances scalability and transaction efficiency for… (via Bpaynews real-time desk)

Elixir Opens Official 1:1 USDC Redemption Channel for deUSD

deUSD redemption Elixir has launched an official channel for the 1:1 redemption of deUSD for USDC. This new channel aims to facilitate seamless transactions for users. The redemption process allows users to exchange their deUSD… (via Bpaynews real-time desk)

Circle Issues 750 Million USDC on Solana Network

Circle has announced the issuance of 750 million USDC on the Solana network. This move is part of Circle’s ongoing initiative to expand the availability of its stablecoin. USDC, a widely used digital dollar, aims… (via Bpaynews real-time desk)

Trader Deposits  Million USDC into Hyperliquid to Short BTC, XRP

USDC deposit A trader has deposited 7,000,000 USDC into Hyperliquid to short Bitcoin (BTC) and Ripple (XRP) using 20x leverage. This substantial deposit highlights the trader’s strategy to capitalize on anticipated declines in the values… (via Bpaynews real-time desk)

Whale Transfers 1,000,000 $USDC to Hyperliquid, Longs 2,900 $ETH

A whale has transferred 1,000,000 $USDC to the exchange Hyperliquid, utilizing a 10x leverage position to long 2,900 $ETH. This transaction indicates a significant movement in the cryptocurrency market, as large-scale investors, often referred to… (via Bpaynews real-time desk)