Circle says legal limits stopped it from freezing roughly $285 million in USDC after Drift Protocol exploit
Circle has drawn a hard line after the April 1 Drift Protocol exploit, arguing that its power to freeze USDC is a legal mechanism, not an emergency switch it can flip at will. The debate intensified after the Drift attack, which Elliptic sized at about $286 million, while on-chain investigators said more than $230 million […]
Circle and Sasai integrate USDC across 30 African markets to rewire cross‑border payment rails
Circle has entered a new African payments push through a partnership with Sasai Fintech that will extend USDC access across 30 markets. The agreement is being framed as an infrastructure-driven expansion designed to move cross-border settlement away from legacy correspondent systems and toward blockchain-based stablecoin rails.
Bloomberg Intelligence says Coinbase’s USDC revenue could rise up to sevenfold as payments expand
Bloomberg Intelligence argued that Coinbase’s USDC-linked revenue could expand by twofold to sevenfold if on-chain payments adoption accelerates, potentially shifting the company’s earnings mix toward payments-driven interest income. The report anchored the thesis in Coinbase’s reported stablecoin revenue of $1.35 billion in 2025, up from $911 million in 2024, and framed USDC reserve interest as […]
Bitwise Launches Non‑Custodial On‑Chain Vaults Via Morpho
Bitwise Asset Management launched its first non-custodial on-chain vaults in partnership with the DeFi lending protocol Morpho. The initial strategy deploys USDC into overcollateralized lending markets and targets returns of up to 6% APY, pairing on-chain execution with institutional strategy design and risk oversight.
USDC Finally Beats USDT: How Solana’s Throughput and a Political Shift Reordered Stablecoin Flows
USDC handled about $18.3 trillion in transfers in 2025, topping USDT’s roughly $13.3 trillion and reshaping how stablecoins moved on-chain. The headline is not about which token was “bigger,” but about which one was used more aggressively for settlement-style throughput.
Visa offers stablecoin settlement for U.S. banks using Circle’s USDC on Solana
Visa has begun offering stablecoin settlement for U.S. financial institutions using Circle’s USDC on the Solana blockchain, enabling select partners to settle VisaNet obligations in fiat-backed tokens. As of November 30, 2025, Visa reports that monthly stablecoin settlement volumes have surpassed an annualized run rate of $3.5 billion, signaling that tokenized rails are already handling […]
Real-World Asset DeFi Moves Into Sports Finance With Tokenized Football Club Revenues
Real-World Asset (RWA) DeFi is moving into sports finance by turning predictable football club income into on-chain claims, creating immediate liquidity for clubs and new yield opportunities for investors. Tokenized football club revenues convert future cash flows into tradable digital instruments, with early scale visible in a $24 billion RWA tokenization market as of June […]