USDC

24h change: +0.00%. From $0.9999 to $0.9999.

• Binance purchased 1.24 million shares of Circle Internet Group for 100 million dollars at a discount. The two companies signed a new five-year commercial agreement focused on promoting USDC with emphasis on emerging markets. Circle will pay Binance monthly incentive fees based on USDC held through its infrastructure. The deal builds on their existing relationship and aims to increase stablecoin accessibility globally.
• Circle introduced digital asset-backed borrowing allowing institutions to borrow USDC against Bitcoin collateral via protocols such as Morpho. The feature is available on the recently launched Arc blockchain and Ethereum. Early activity has seen over 90 million dollars in USDC borrowed against cirBTC. This increases utility for USDC in institutional DeFi and integrates Bitcoin liquidity into onchain credit markets.
• Following a roughly 350 million dollar exploit on cryptocurrency exchange Bitget Circle blacklisted an associated wallet. The action locked approximately 100000 USDC along with Tether freezing a similar amount of USDT for a combined roughly 318000 dollars. Most stolen funds had already been converted to ether which cannot be frozen by issuers. The response highlights both the security tools and inherent limitations of centralized stablecoin controls.

24h change: +0.01%. From $0.9998 to $0.9999.

• Binance acquired roughly $100 million in Circle equity through a private placement of shares and signed a five-year commercial agreement to promote USDC, with emphasis on emerging markets. The deal aligns incentives by tying compensation to USDC balances on Binance platforms while Circle provides supporting infrastructure. This partnership builds on prior collaboration and aims to increase global access to the regulated stablecoin.
• Circle's Arc layer-1 blockchain, which uses USDC as the native gas token, has seen over $90 million in USDC borrowed against cirBTC shortly after launch. The network launched with backing from major institutions including BlackRock, Visa, and Mastercard as validators. Early metrics show hundreds of millions in deployed USDC and billions in transaction volume, highlighting institutional interest in stablecoin-native infrastructure.
• Institutions using Circle Mint can now deposit Bitcoin, mint cirBTC, and borrow USDC against it on Morpho markets across Arc and Ethereum without selling their BTC holdings. cirBTC is backed 1:1 by Bitcoin held in custody at Circle National Trust, with reserves verifiable on-chain. This expands USDC utility for treasury management while Circle acts as a neutral facilitator rather than a lender.

24h change: -0.00%. From $0.9999 to $0.9998.

• Binance acquired roughly 1.24 million shares of Circle at $80.84 each for a total of $100 million as part of a renewed five-year commercial agreement. The deal focuses on expanding USDC adoption and awareness on Binance's platform with emphasis on emerging markets. Circle will pay Binance monthly incentive fees tied to USDC balances held through its infrastructure. USDC balances on Binance have already grown significantly under prior collaboration.
• Eligible institutional Circle Mint customers can deposit Bitcoin, mint cirBTC as collateral, and borrow USDC via lending protocols such as Morpho on Arc or Ethereum. Aave is expected to be added later. The service combines steps for using native Bitcoin as onchain collateral with USDC borrowing. Current data shows meaningful liquidity and borrowing activity in the initial Morpho market.
• Circle's Cross Chain Transfer Protocol now enables transfers of EURC and cirBTC in addition to USDC. Developers gain improved multi-chain liquidity and interoperability options. Associated tools like Gateway and Bridge Kit are being updated for broader asset support. This builds on USDC's established role in cross-chain movements.

24h change: +0.00%. From $0.9998 to $0.9999.

• Binance purchased approximately 1.24 million shares of Circle at 80.84 dollars each as part of a private placement. The investment forms part of a new five-year commercial agreement in which Binance will promote USDC across its platform with a focus on emerging markets and will receive incentive fees tied to USDC balances. The partnership aligns incentives between the largest crypto exchange and the USDC issuer to expand stablecoin adoption for payments, savings, and access to dollar liquidity worldwide.
• Circle launched the Arc mainnet on September 16 with USDC as the primary gas token and institutional validators including BlackRock, Visa, and others. Within one week the network reached 2.53 million addresses, 381 million dollars in TVL, and 497 million dollars in DEX volume. Lending protocols such as Morpho and Aave V4 have seen substantial USDC supply on Arc while transaction fees have remained under one cent.
• USDC has now processed more than 100 trillion dollars in lifetime on-chain transaction volume. The stablecoin maintains leading market share in adjusted transfer volume with particularly high velocity on networks such as Base, Ethereum, and Solana. Recent developments including Bitcoin-backed borrowing in Circle Mint and integration into institutional payment flows further expand its utility beyond trading.

24h change: +0.01%. From $0.9998 to $0.9998.

• Eligible institutional clients of Circle Mint can now deposit Bitcoin to mint cirBTC, which serves as collateral in third-party lending markets like Morpho on Arc or Ethereum. Borrowed USDC is credited directly to their Circle Mint account in a coordinated workflow. Liquidation risk remains with the lending protocols, and the service is unavailable to New York customers. This development expands USDC utility by allowing institutions to access dollar liquidity without selling Bitcoin holdings.
• Circle activated the public mainnet of Arc, a Layer 1 blockchain designed for payments, tokenized assets, and institutional finance. Founding validators include BlackRock, Visa, Mastercard, DTCC and others. The network uses USDC for gas fees, offers sub-second finality, and launched with over 100 applications and builders. USDC serves as the native fee token on this EVM-compatible chain, which Circle's CEO described as highly significant for the company's future.
• Circle is attending Sibos 2026 in Miami to engage with banking and financial leaders. Discussions focus on how regulated stablecoins and blockchain infrastructure can support cross-border payments, treasury management, tokenization, and AI-native financial workflows. This aligns with broader institutional adoption of USDC, which maintains over $74 billion in circulation and continues to see integration across traditional finance.