A single on-chain settlement of 4.397 billion USDC reportedly completed in seconds with zero transaction fees, marking one of the largest stablecoin transfers ever recorded on a public blockchain.
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he argues that growing competition from banks, fintechs, and new issuers will eventually break the stablecoin duopoly and create a more diverse market built around specific use cases.
BA Labs has proposed doubling key Sky stablecoin system parameters as USDC reserves rise to 4.13 billion.
Stablecoins' integration into traditional finance signals a shift towards a hybrid payment ecosystem, enhancing global financial accessibility. Circle's Dante Disparte says the open payments debate is over, and stablecoins won.
Circle moved about $4.4B USDC to Coinbase on HyperEVM, likely tied to Coinbase's Hyperliquid USDC treasury deployer role.
Circle's $4B USDC move to Coinbase signals a shift towards newer blockchain ecosystems, highlighting potential risks and revenue growth. Circle moves $4B USDC to Coinbase in largest transaction ever.
MassPay's integration of Coinbase for USDC payouts enhances cross-border transaction efficiency, potentially boosting stablecoin adoption in enterprises. MassPay integrates Coinbase payments for instant USDC cross-border payouts.
EU Crypto Kill Switch vs Russia's Stablecoin Fees
Masspay has expanded its integration with Circle's Managed Payments service to allow businesses to facilitate stablecoin payouts and treasury operations without the complexity of direct digital asset management.
In March 2026, Meta revealed plans to compensate content creators using USDC, a stablecoin tied to the U.S. dollar. Initial deployment began in Colombia and the Philippines, with the company aiming to reach more than 160 nations before year-end.
Stripe, Visa and Mastercard unite to launch a stablecoin platform. Circle collapses by 11%, Tether trembles.
Mastercard is expanding its global settlement infrastructure to support additional intraday, weekend, and holiday settlement windows, as well as on-chain settlement using regulated stablecoins, the company said Wednesday. Mastercard rolls out always-on settlement with Circle, Paxos and Ripple stablecoins.