$USDC
$USDC Here you have a summary of the latest news about the USDC (USD Coin) until May 1, 2025:
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🏦 1. Rejection of Ripple's acquisition offer
The company Ripple made an offer ranging from 4 to 5 billion dollars to acquire Circle, the issuer of the USDC coin, but the offer was rejected as it was considered low. This move comes at a time when Circle is preparing to go public on the New York Stock Exchange under the ticker symbol "CRCL".
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🌍 2. Circle's expansion in the Middle East
Circle has received preliminary approval from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority to operate as a financial services provider, paving the way for expanding its operations in the Middle East region.
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💳 3. Launch of payment cards linked to USDC
Visa and Baanx have announced the launch of payment cards that allow users to spend USDC directly from their digital wallets, using smart contracts to convert the balance when making transactions.
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🔄 4. Listing of USDC on the Sonic network via Binance
The Binance platform has completed the integration of the USDC coin on the Sonic network, allowing users to deposit the coin on this network. However, it is noted that this version of USDC is managed by Sonic Labs and is not issued directly by Circle.
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📈 5. Growth in USDC supply
The supply of the USDC coin has increased to nearly 61 billion dollars by April 2025, compared to 44 billion dollars at the beginning of the year, reflecting an increase in institutional demand for the coin.
