DeFi is paying big to accumulate USDC
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond.
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond.
2025 has been a great year for stablecoins; we’re seeing new regulatory frameworks, and the president of the United States has launched one.
$50B stablecoin firm Circle Internet Group accused a circle-themed memecoin of “brand infringement,” causing it to change its ticker.
USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.
Circle VCs and executives sold $270M worth of stock that would have been worth an extra $1.9B had they waited a couple of weeks.