Wall Street turns cautious on Circle as analysts warn USDC economics face mounting pressure
Mizuho downgraded the stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.
USDC And Bitcoin Lead $850 Million Exchange Outflow Wave
Crypto exchange balances saw a notable withdrawal wave heading into July 1, with USDC and Bitcoin leading approximately $850 million in net outflows from centralized platforms. The move adds another layer to a market already watching liquidity, ETF…
Solana USDC Liquidity Jumps As Circle Mints Another $1 Billion
Solana has received another major injection of stablecoin liquidity after Circle reportedly minted an additional $1 billion in USDC on the network around July 1. The move adds to a year that has already seen unusually large gross USDC issuance on Solana,…
Zama And Morpho Push Confidential DeFi With New USDC Yield Vault
Zama and Morpho are pushing a more privacy-aware version of DeFi with a confidential USDC yield vault design that uses fully homomorphic encryption, or FHE, to bring private deposit logic to a public Ethereum environment. TL;DR Zama published a design…
Coinbase And Ethena Launch High Yield USDC Vault Powered By Morpho
Coinbase has added a higher-risk USDC yield vault connected to Ethena, Morpho and Steakhouse Financial.