$USDC USDC Latest Updates

1. 1inch Team Investment Fund Sells WBTC:

The 1inch Team Investment Fund has sold all 160.8 WBTC, which were purchased at an average price of $88,395 between February 2 and March 10, at an average selling price of $94,219, making a profit of $936,000.

2. USDC Price and Trading:

• The current price of USDC is ¥7.21, with a 24-hour price change of -0.02%.

• On the Binance platform, investors can trade between Dogecoin and USDC.

3. USDC Security and Circulation:

• As of May 2025, the circulation of USDC has reached $61 billion, an increase of 38.6% compared to early 2024.

• As one of the world's leading stablecoins, the security of USDC has always been a significant concern.

4. Stripe Launches Stablecoin Account Services:

Stripe has launched stablecoin-based account services for customers in over 100 countries, allowing users to send, receive, and hold dollar stablecoin accounts.

5. Circle Files IPO Application:

USDC issuer Circle has submitted an application to the U.S. Securities and Exchange Commission (SEC) to list on the New York Stock Exchange, planning to trade its Class A common stock under the ticker symbol “CRCL.”

6. Whale Trading Activity:

• A certain whale has increased its position with 1.8 million USDC to short HYPE using 5x leverage, with a current value of $29.1 million and an unrealized loss of $1.24 million.

• Another whale spent 2.53 million USDC to purchase 2.37 million FARTCOIN at a price of $1.06.

7. USDC Minting and Burning on Solana and Ethereum:

USDC Treasury has minted $250 million USDC on the Solana blockchain and burned 94.52 million USDC on Ethereum.

8. Japan's First USDC Payment Card:

Japan is expected to launch its first USDC payment card, “Slash Card,” in the first half of 2025 (before June).

9. Cryptocurrency Market Dynamics:

• On decentralized exchanges, the KMNO/USDC trading pair leads with a 13.96% increase.

• As Bitcoin breaks its bearish trend, the Stablecoin market consistently reaches historical highs, with USDT and USDC market cap expansion over 30 days also exceeding the trend.