Tag: USDT
Circle sued for letting $230M in stolen USDC cross its own bridge – days after freezing other wallets
Circle can freeze any USDC wallet on Earth in seconds. It proved that on March 23 when it blacklisted 16 Ethereum addresses in a single batch – for a civil case. Nine days later, hackers linked to North Korea drained $285M from Drift Protocol and spent 6 hours funneling $230M in stolen USDC through Circle’s…
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USDT vs USDC: which stablecoin is actually safer for your money?
Tether just hired KPMG for its first Big Four audit – but Circle’s been doing monthly Deloitte reviews for years. Everyone defaults to USDT. It’s bigger, it’s older, and it dominates nearly 58% of the stablecoin market. But USDC quietly captured 64% of all stablecoin transaction volume in Q1 2026 – the first time it…
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USDC Lost $1.4B in 10 Days While Trump’s USD1 Gained $1.1B – The Stablecoin Map Is Being Redrawn
The stablecoin market didn’t shrink last week. It splintered. Between March 21 and March 31, the fiat-pegged token economy shed $1.04 billion in total market cap. Headlines screamed “stablecoin outflows.” But follow the money – not the headlines – and a completely different picture emerges. USDC, Circle’s flagship dollar token, bled $1.37 billion in that…
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Stablecoin Market Hits Record $320B as USDC Captures 64% of Transaction Volume
Circle’s regulated dollar is outpacing Tether for the first time since 2019, fueled by the GENIUS Act and institutional demand. The stablecoin market has quietly crossed a historic threshold. Total market capitalization surged past $320 billion in March 2026, setting a new all-time record and signaling something far more consequential than another crypto milestone –…
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