USD Coin
Circle says it cannot reissue frozen USDC as it seeks dismissal of Wisconsin complaint
Circle says it complied with a warrant to freeze stolen USDC but cannot invalidate or reissue tokens held in third-party wallets.
Circle Faces Scrutiny After Refusing to Recover Scam Victim's USDC, Complaint Claims
Complaint for contempt: Walworth County prosecutors filed a misdemeanor charge of obstruction of justice against the issuing firm of the USDC stablecoin. Amount under dispute: The court order demanded the invalidation and reissuance of approximately 381,000 tokens stolen from a local resident through a romance scam. Record losses: FBI data reflects a record $11.
Circle Fights to Dismiss Wisconsin Contempt Case Over Frozen USDC
A Walworth County complaint accuses the USDC issuer of defying a warrant to recover 381,235 stolen tokens, which Circle says it is technically unable to return.
Circle faces criminal complaint in Wisconsin over USDC recovery refusal
The case could redefine stablecoin issuer responsibilities, impacting regulatory frameworks and court authority over digital asset recovery. Circle faces criminal complaint in Wisconsin over USDC recovery refusal.
Circle reports USDC surpasses $90T in total transaction volume
USDC's dominance signals a shift in stablecoin market dynamics, raising concerns about centralization and potential systemic risks. Circle reports USDC surpasses $90T in total transaction volume.
Circle Gateway hits record weekly volume as USDC cross-chain transfers surge past $4.5B lifetime total
Circle Gateway's surge in USDC transfers highlights the growing reliance on efficient cross-chain solutions, impacting stablecoin market dynamics. Circle Gateway hits record weekly volume as USDC cross-chain transfers surge past $4.5B lifetime total.
Tether's USDT dominates payments while Circle's USDC leads DeFi, Dune data shows
The divergence in USDT and USDC usage highlights evolving stablecoin roles, impacting global payment systems and decentralized finance growth. Tether's USDT dominates payments while Circle's USDC leads DeFi, Dune data shows.
Austin Griffith unveils $1 AI security audit service powered by x402 and USDC
The $1 AI audit service democratizes access to security reviews, potentially increasing innovation but risking over-reliance on automated checks. Austin Griffith unveils $1 AI security audit service powered by x402 and USDC.
The Quiet Flippening: USDC Is Beating Tether Where Volume Lives
Visa data shows USDC carrying 70% of adjusted stablecoin volume, double USDT. How Circle won settlement, Tether kept savings, and what breaks the truce.
Crypto Traders Compete for 600K USDC, Private Island Grand Prize via Deribit Contest
Deribit and Signalplus opened registration for a five-week trading competition offering a prize pool that scales up to 600,000 USDC. The contest, called “The Island,” starts tomorrow on July 6 at 08:00 UTC and runs through August 10 at 23:59 UTC. Deribit owns the platform where the trading happens.
How Hinkal protocol's smart contract flaw sparked $820K USDC exploit
In the past six months, there have been 207 distinct hacks, totaling $948.13 million.
Circle's Allaire says USDC's network effects will be hard for Open USD to replicate
Jeremy Allaire says USDC's decade-long investment in liquidity, regulation and developer infrastructure gives Circle a lasting edge as Open USD enters the stablecoin market.
