🔍 USDC De-Pegs & Bitcoin Rallies If you haven’t been living under a rock, you’re probably inundated...Looming uncertainty over the backing of USDC caused the token to de-peg and trade as low as $0.85....While USDC has since recovered, the event threw a surprise stress test for much of DeFi.

Shuffle ($SHFL): Stacking USDC from Casino Profits While Awaiting Rerating Crypto casinos operate at...This flight-to-safety behavior, combined with genuine USDC yields, presents an attractive risk-adjusted...Because the pool is funded with hard-cash (USDC) revenue – not token emissions – every staker receives...

More than $4 million of SOL and USDC were stolen with over 15k wallets affected....creates strategy vaults that generate sustainable, risk-hedged yields on core crypto assets including USDC...USDC Vault This vault accepts USDC and generates yield by providing liquidity to GMX’s leveraged perpetual...

USDC Grows as USDT Lags USDC has grown massively over the past year, recently crossing $50B in supply...USDT is still the market cap leader, although its growth has slowed down compared to USDC since May 2021...The USDC/USDT supply ratio has grown from 0.2 to 0.64 over the past year.

USDC Flips USDT on Ethereum USDC has gradually become Ethereum’s most popular stablecoin, as it eclipses...For the most part, USDC’s goodwill in the Ethereum ecosystem has been driven by uncertainty around Tether...USDC has said that the tokens are mostly backed by cash and cash equivalents as well as short-term treasury...

Circle announces native USDC support on 5 more blockchains, and unveils a tool to facilitate cross-chain...USDC to $2!...🚨 In Case You Missed It Circle announces native USDC support on Arbitrum, Cosmos, NEAR, Optimism...USDC […]...

Treasury and Circle freezing USDC in addresses belonging to Tornado Cash users has been the talk of the...Treasury and Circle freezing USDC in addresses belonging to Tornado […]...

...of DeFi, the majority of the stablecoin market is held by centralized stablecoins such as USDT and USDC...However, users increasingly opt for centralized stables like USDC and USDT due to their convenience,...Throughout this time, the dominant collateral type has shifted from ETH to USDC and has now become RWA...

USDT was being sold off and USDC was being bought, causing the USDC to rise to a peak of $1.06....USDC/USDT was trading at ~1.1 at the peak of the depeg....Why did USDT take a hit and not USDC?...USDC is 100% backed by cash and short-term U.S....Government debt, ensuring that 1 USDC is always backed by 1 USD.

Today, Delphi has given me 1,000 USDC to purchase a Crypto Raider and use it to compete in daily tournaments...You’ll also need to have some WETH and/or USDC on the Polygon Network....I’ll take my USDC that’s on ETH, and send that over to the Polygon Network....Here’s how we will be spending our 1000 USDC: Buying one raider (100 USDC in ETH on Polygon) and 300...

With investors and traders taking profits into stablecoins, the supply of USDC, USDT, and DAI (amongst...USDC, BUSD Expand Market Share USDT is the largest stablecoin by market cap, but USDC and BUSD have...Exactly one year ago, USDT accounted for 78% of all stablecoins on Ethereum while USDC made up just 13%...

What sets Thala apart is its cross-protocol composability: staking USDC-USDT and sUSDe-USDC LP tokens...Users can supply xLPT tokens (generated from staking Thala’s USDC-USDT and sUSDe-USDC LP positions) directly...The net spread exceeds 300% for USDC strategies and over 200% for USDT approaches....USDC to sUSDe, and repeat the cycle.

Of this, $54.2 mn was from the USDC/USDT pool and $10.6 mn was the APT/USDC pool –  a total of $65 mn...Echelon has core markets for assets like USDC, APT, and USDC; but it also has isolated markets for more...USDC and USDT are both supported with incentives in thAPT....USDT-USDC 50/50 LP on Hyperion’s 0.01% pool.

Delving into Uniswap v3 liquidity for WETH/USDC 0.05% fee pool, a distinct pattern emerges....The searcher can flashloan 1600 USDC to purchase 1 ETH on Aori, sells the ETH for 1650 USDC on whichever...venue they have identified, and pay back the 1600 USDC loan to capture a 50 USDC profit – entirely atomic...USDC-USDT.

You flash borrow 2,000 USDC, send it to the user, receive 1 ETH in return, sell 1 ETH for 2,010 USDC,...pay back your 2,000 USDC loan and capture the spread (10 USDC) as profit....→ transfer USDC → swap USDC to asset Y....Circle doesn’t have the power to blacklist non-native USDC backed by a pool of native USDC.

Consequently, with Circle holding $3.3B at SVB, USDC depegged to a low of $0.87 but later repegged to...For instance, the recent USDC depegging led to an overselling of USDC to $0.87, even though its true...Treasury Bills: USDT, USDC, BUSD, USDP, and GUSD Stablecoin issuers purchase short-term U.S.

...the value of 1 USDC down to hit a value of $0.87....Eight of the top 10 decentralized exchange liquidity pools use USDC or DAI (48% $USDC backed) as one...USDC collateral, borrow other assets valuing USDC at $1, and saddle the protocol with bad debt....their USDC in the module.

A similar situation is formed by supplying 1,000 USDC of single-sided liquidity to the ETH/USDC Uniswap...with ETH above 1,000 USDC....When ETH is above range, the LP position consists of 1,000 USDC....Since the trader borrowed the LP position and sold it for ETH, and 99 USDC will be able to purchase at...

...the loan on Arbitrum without having to bridge USDC back....Swaps go: TKN A → USDC → axlUSDC (chain A) → bridge axlUSDC (Axlear) → USDC → TKN B While the model...The most vital usecase for this standard is Noble’s USDC, the canonical supplier of USDC on Cosmos....USDC can be burn and mint if integrating CCTP.

...have 1 more ETH and 2000 less USDC and I don’t really care how that may happen.”...image of it [+2000 USDC, -1 ETH]. ...Economic Substitutes: Buy as much USDC or USDT as possible with some ETH....being created as 1 ETH and the resource being consumed as 2000 USDC....for Alice, Bob, ETH, and USDC are all satisfied.