Global #USDC

In a significant development for the stablecoin and blockchain ecosystems, USD Coin (USDC) is set to launch on the Sui network, marking an important expansion for the second-largest stablecoin by market capitalization.

Circle Internet Financial, the issuer of the prominent USD Coin (USDC), is taking major strides to bolster its position in the global financial landscape. The company has announced the relocation of its global headquarters to New York City’s One World Trade Center, a move that underscores its commitment to growth and innovation.

Ethereum co-founder Vitalik Buterin has made headlines with a strategic move that has captured the attention of the cryptocurrency market.

In a major development for the payment industry, Circle’s CEO, Jeremy Allaire, has announced that the company is preparing to implement ‘tap-and-go’ payments with USDC on iPhones.

Hong Kong is making significant strides in the regulation of stablecoins, with the Hong Kong Monetary Authority (HKMA) recently announcing the first participants in its stablecoin issuer sandbox.

Recent data reveals a notable increase in the inflow of leading stablecoins USDC and USDT to centralized cryptocurrency exchanges, raising speculation about a possible rise in Bitcoin (BTC) prices.