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Binance Campain: Earn Together 2000 USDC $BNB $SOL $BANANAS31
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$USDC As of May 1, 2025, the price of USD Coin (USDC) is $1.00 USD, maintaining its 1:1 peg to the U.S. dollar as a stablecoin. It has a 24-hour trading volume of approximately $9.75 billion USD and a circulating supply of 61.52 billion USDC, resulting in a market capitalization of about $61.52 billion USD, ranking it #7 among cryptocurrencies. USDC is backed by reserves of cash and short-term U.S. Treasury bonds, ensuring price stability. Over the past 24 hours, the price has seen a minimal increase of 0.01%, reflecting its consistent value.
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#StablecoinPayments Benefits Speed: Transactions settle in seconds, ideal for e-commerce, trading, or cross-border payments. Low Costs: Fees are significantly lower than traditional systems, enabling micropayments and reducing remittance costs by up to 80%. Global Reach: Stablecoins operate on open blockchains, bypassing intermediaries and enabling borderless payments. Transparency: Blockchain ledgers provide auditable transaction records, reducing fraud. Real-World Use: Examples include $8M Dubai property sales, supply chain payments, and corporate treasury management by firms like SpaceX.
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#AltcoinETFsPostponed The SEC postponed decisions on altcoin ETFs, including XRP, Solana, Litecoin, Dogecoin, Cardano, and Hedera, on March 11, 2025, impacting filings from Grayscale, Canary Capital, Bitwise, 21Shares, VanEck, and Franklin Templeton. Further delays were noted on April 29 for these ETFs, plus Ethereum staking and Bitcoin/Ethereum in-kind creations. The SEC’s 240-day review period sets final deadlines for October 2025. Analyst James Seyffart calls this routine, citing uncertainty around new SEC leadership. Approval odds are high: 90% for Litecoin, 75% for Dogecoin, 70% for Solana, and 65% for XRP, per Bloomberg analysts. Litecoin benefits from its commodity status, while XRP and Solana face SEC litigation. Polymarket predicts a 79% chance of XRP ETF approval by year-end. Despite delays, a pro-crypto political shift fuels optimism for approvals, potentially driving institutional adoption and market stability for these altcoins.
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#Trump100Days The Official Trump token, a Solana-based meme coin, launched on Binance on January 17, 2025, hitting $77.24 (USDT) on January 19 amid Trump’s inauguration hype. By its 100-day mark (~April 26), it traded 80.20% below its peak but 239.20% above its $7.14 low. A dinner contest with Trump for top holders, announced April 24, spiked prices >50% and volume to $940M daily. At ~100 days, the price was ~$0.1273 (USD), with a $1.9B market cap, ranking #44 on CoinGecko. Despite a 68.15% weekly gain, it fell 49.47% year-to-date, reflecting meme coin volatility driven by hype and Trump’s crypto-friendly policies.
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Latest News
Tether's Q1 2025 Financial Report Reveals Significant US Treasury Exposure
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Dollar's Decline Unlikely to Reverse Despite Tariff Removal, Says Strategist
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EU Seeks Increased U.S. Goods Purchases Amid Trade Negotiations
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BNB Drops Below 600 USDT with a Narrowed 0.20% Increase in 24 Hours
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Tether's Bitcoin Holdings Surpass $7.6 Billion, Reports Reveal
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