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$USDC As of May 8, 2025, USD Coin (USDC) is trading at approximately $1.00 USD, maintaining its peg to the U.S. dollar. The current market capitalization stands at around $60.9 billion, with a 24-hour trading volume of about $10.6 billion. š Key Developments Market Growth: USDC has reached an all-time high market cap above $60 billion, reflecting its growing adoption in the crypto ecosystem. Liquidity Injection: Recently, 250 million USDC was minted, signaling a potential surge in crypto market liquidity and impacting Bitcoin price action. Acquisition Interest: Ripple has reportedly made a $4ā$5 billion bid to acquire Circle, the issuer of USDC, highlighting the strategic importance of stablecoins in the crypto industry. Blockchain Expansion: USDC is now available on multiple blockchains, including Ethereum, Solana, and Polygon, enhancing its utility across various decentralized applications. If you're interested in more detailed information about USDC's role in decentralized finance (DeFi), its adoption in payment systems, or comparisons with other stablecoins like Tether (USDT), feel free to ask!
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$BTC Yes, as of today (May 8, 2025), Bitcoin (BTC) is trading around $99,405 USD, showing a gain of about 2,504 USD (+2.58%) from the previous close. Intraday high: $99,835 Intraday low: $95,959 BTC is approaching the $100K milestone, signaling strong market momentum. Would you like an analysis or forecast on whether it might break that barrier soon?
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#StripeStablecoinAccounts Stripe has recently reintroduced support for stablecoin payments, marking a significant expansion in its cryptocurrency offerings. Stripe's Stablecoin Integration In 2024, Stripe began supporting payments using Circle's USDC stablecoin across multiple blockchains, including Solana, Ethereum, and Polygon. These transactions settle instantly on-chain and are automatically converted to fiat currencies, facilitating seamless global transactions for businesses and consumers alike. Acquisition of Bridge and Visa Partnership To bolster its stablecoin infrastructure, Stripe acquired Bridge, a startup specializing in stablecoin payment solutions. Following this acquisition, Bridge partnered with Visa to launch stablecoin-linked Visa cards in several Latin American countries, including Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. These cards allow users to make everyday purchases using stablecoins, with transactions processed through Bridge's backend systems that convert stablecoin balances into local currencies during transactions. Industry Context Stripe's renewed focus on stablecoins aligns with a broader trend among financial institutions and fintech companies exploring stablecoin applications for cross-border payments. The increasing regulatory acceptance of stablecoins has encouraged companies like Bank of America, Standard Chartered, PayPal, and Revolut to consider or develop their own stablecoin solutions. Stripe's strategic moves in the stablecoin space reflect its commitment to leveraging emerging technologies to enhance payment solutions globally.
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#BTCBreaks99K As of May 8, 2025, the current exchange rate for Bitcoin (BTC) to Bhutanese Ngultrum (BTN) varies slightly across different platforms: Coinbase: 1 BTC = Nu. 8,386,209.94 Forbes Advisor: 1 BTC = Nu. 8,203,003.46 XE.com: 1 BTC = Nu. 8,057,750 UnitConverters.net: 1 BTC = Nu. 7,986,942 These differences are due to variations in data sources and update frequencies. Please note that exchange rates fluctuate frequently. For the most accurate and up-to-date information, it's advisable to check multiple sources or consult with financial institutions before making any transactions.
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Explore my portfolio mix. Follow to see how I invest! just starting these things and wonder will be able to reach the heights dream of one day need to work for the good let's wait and see as good things take time
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