usdc

According to The Block, digital asset infrastructure company BitGo announced that it has added minting and redemption features for USDC in its Go Account. This service is open to qualified clients of its subsidiary BitGo Bank & Trust, which is a digital asset trust bank regulated by the Office of the Comptroller of the Currency (OCC). Clients can initiate and monitor USDC orders on the BitGo platform or via API, and BitGo will process them through its Circle Mint account, charging a fixed fee disclosed before the client confirms the transaction.The service supports USDC on Ethereum, Solana, Base, Arbitrum, Polygon, Avalanche, HyperEVM, Monad, and Aptos, with specific availability depending on jurisdiction and account requirements. Eligible orders can be processed on-chain 24/7, but fiat deposits and withdrawals must still adhere to banking processing windows and settlement times.BitGo launched the Mint service for the first time in April this year, initially supporting USD1 from World Liberty Financial and SoFiUSD from SoFi Bank, allowing institutions to access related assets without establishing separate relationships with each issuer.BitGo CEO and co-founder Mike Belshe stated that the more assets institutions use, the greater the workload for managing independent accounts and relationships with issuers. The company is enabling clients to access more assets through a single BitGo account based on the infrastructure they have already used.Just a week prior, BitGo launched BitGo Global Markets, led by former NYDIG executive Pete Janney, offering institutional trading and financial services such as crypto collateral financing, options, and swaps; this business stems from the acquisition of NYDIG's institutional trading business on August 27, with about 30 employees joining as a result.

Hyperliquid Research Collective released the Hyperliquid Q3 2026 report, which was compiled by Four Pillars and GLC Research. The third-quarter agreement revenue increased by 21.7% compared to the second quarter, reaching $190.9 million. Hyperliquid began earning USDC reserve revenue sharing on August 27, and within a month, this revenue amounted to $17.3 million, accounting for about half of the revenue increase this quarter. The Assistance Fund spent $149 million in the third quarter to purchase HYPE.The average daily users of Hyperliquid reached 65,161 traders, setting a quarterly record. In HIP-3, the trading volume of stocks surpassed that of commodities. On August 19, U.S. President Trump expressed to technology and cryptocurrency industry executives at the White House that the Commodity Futures Trading Commission is pushing to bring Hyperliquid to the U.S. Less than a month later, Kraken's parent company proposed to establish a U.S. derivatives trading venue on Hyperliquid, with Bitnomial serving as the operator. As of the end of the quarter, the proposal is still awaiting regulatory approval. Sunny Shi from Syncracy Capital advocated for buybacks in the preface and expects that the independent team built on Hyperliquid will drive further growth.

According to on-chain analyst Yu Jin's monitoring, Arthur Hayes transferred a total of 3 million USDC to the OTC trading platforms Flowdesk and Galaxy Digital about 10 minutes ago.Half a month ago, Hayes had liquidated various altcoins worth at least 49.25 million dollars and stated that he planned to wait for further price declines before buying again. Since then, the prices of the tokens he previously sold have dropped by about 15% to 30%. This recent transfer of USDC has sparked market speculation about his possible preparations to buy back in, but the specific use of the funds and buying plans have not yet been confirmed.

According to monitoring data from Arkham, a wallet associated with Anchorage Digital has transferred a total of 10 million ENA to Coinbase in the past two days, worth approximately 15.29 million USD.In addition, the wallet currently still holds other crypto assets worth approximately 12.75 million USD in MORPHO and approximately 7.74 million USD in SKY. Monitoring data shows that about eight months ago, an address marked by Anchorage Digital transferred 2.5 million USDC to this wallet, suspected to be for token purchases.

PredictStreet has updated its official website to state that it uses USDC instead of USD1, claiming that the previous information is outdated. On-chain analysis has found no evidence that the platform trades using USD1; it actually uses USDC issued by Circle.An IHC spokesperson stated that the operator of PredictStreet is no longer a subsidiary of IHC. Approximately 64% of the USD1 circulation is held on Binance, while no other exchange holds more than 5%.

According to market news, Deutsche Bank's custody services for German institutional and corporate clients are now online, supporting BTC, ETH, and some stablecoins like USDC under BaFin/MiCA authorization.The bank employs a multi-layer control mechanism to manage keys and plans to expand to Asia and launch tokenization services by 2027. This service aligns with its goal of achieving an 8% compound annual growth rate in corporate banking by 2028, but the initial scope is limited, not aimed at retail users, does not provide deposit guarantees, and trading functionality has not yet been confirmed.

The Binance Futures platform will launch the HYPEUSDC perpetual contract on November 11 at 17:30, with a maximum leverage of up to 75 times; and will launch the TRXUSDC perpetual contract at 17:35, also with a maximum leverage of 75 times.

According to Onchain Lens monitoring, a wallet on the decentralized perpetual contract trading platform Hyperliquid has accumulated approximately $4.955 million in rewards through 81,741 referrals.Among them, approximately $4.94 million is in USDC, and a total of about $14,150 is in USDe, USDT0, and USDH.

According to on-chain analyst Yu Jin's monitoring, the whale or institution 7 Siblings, which sold 18,500 ETH at an average price of $2,356 after a brief 20% increase in ETH in August, making a profit of about $10.49 million, has bought again after ETH recently dropped about 15%.About 9 hours ago, this whale used 22 million USDC to buy 10,792 ETH, with an average purchase price of about $2,038. The trading strategy of this whale is quite clear: buy when ETH drops more than 10% in a short period, and sell when it rises more than 10%. Previously, it bought at $1,789 after the ETH crash in June, sold at $2,356 after the rise in August, and bought again at $2,038 after the drop in November.

On Tuesday, the cross-chain bridge protocol Across Protocol issued a warning on platform X, stating that it is investigating a potential security incident and reminding users not to access its applications or connect wallets temporarily, nor to sign transactions or authorize. The protocol did not specify the exact nature of the incident and did not confirm whether its website had been compromised. Across is a cross-chain bridge protocol that allows users to transfer digital assets between Ethereum and other blockchain networks.Multiple users reported financial losses on X. One user claimed to have lost 9,000 USDC, while another user reported losing 7,053 USDT through seven transactions on the Plasma network. A third user stated that their wallet was emptied after multiple uses of the cross-chain bridge and claimed that the website had been compromised. Across has requested transaction details from these users to conduct an investigation.

According to Whale Alert monitoring, at 22:42 Beijing time, USDC Treasury minted 250 million USDC on the Solana chain, worth approximately 250 million US dollars.

According to official news, Circle announced a multi-year partnership with the nonprofit organization Global Citizen, which will begin in 2027 by providing USDC payment options for suppliers participating in the Move Afrika music tour project starting in Rwanda. Circle will also provide financial education and technical training to local entrepreneurs and production staff to help them safely use digital payment tools.In addition, both parties will explore putting Global Citizen's community engagement and rewards program on-chain. Circle will also provide USDC funding to eligible charitable organizations through a new award established by both parties.

OKX will launch the xORCL/USDC spot trading pair on November 10 at 17:00, and will open for pre-orders from 16:00 to 17:00 on the same day.

According to Onchain Lens monitoring, a certain address received 1,060 ZEC from a privacy address, worth approximately 1.29 million USD, and then deposited it into Hyperliquid through Hyperunit, selling it in three transactions to obtain approximately 1.29 million USDC, and subsequently withdrew these funds.

According to a report by Reuters, PNC Bank announced a partnership with Coinbase to allow eligible businesses and institutional clients to receive payments in USDC stablecoins issued by Circle, which will be automatically converted to US dollars upon receipt. Both parties stated that this service could help businesses access funds more quickly and expedite cross-border transaction settlements. The service will initially be launched in a pilot format on a small scale. Tom Lang, head of PNC's cash management products and operations, stated that the current goal is to test with clients to see which features of stablecoins are useful to them. Last year, PNC provided cryptocurrency trading to clients through Coinbase's "crypto-as-a-service" platform and offered banking services to Coinbase.

According to The Block, the stablecoin payment startup Raycash, spun off from the privacy protocol Zama, has launched on the Ethereum mainnet and is currently in the private testing phase. Raycash stated that over 75,000 people had joined the waiting list before the launch, and access will be opened in batches during the private testing period, followed by a full launch.Raycash is built on the Zama protocol and employs fully homomorphic encryption technology to encrypt on-chain balances and transaction amounts. Users can wrap stablecoins 1:1 into tokens under the ERC-7984 confidential token standard for payments and receipts, and earn yields through Morpho, with amounts and balances kept private; the underlying stablecoins can be retrieved through permissionless unwrapping. Initially, the application supports USDC and allows for bank transfers, credit card or stablecoin deposits, and withdrawals to bank accounts, with Ethereum Gas fees handled by the platform in the background, so users do not need to hold ETH.Raycash stated that its wallet is a self-custodial wallet, and confidential tokens do not have freezing or confiscation capabilities at the token level, allowing users to grant viewing permissions to specific parties such as accounting and auditing institutions. Additionally, the Raycard for privacy consumption is under development.

OKX announced the launch of tokenized stock xBSP/USDC in the spot trading market. The pre-order time is from November 9, 16:00 to 17:00, and spot trading will open at 17:00.

A user stated that on November 8, 2026, while exchanging small cryptocurrencies for USDC on Binance, their account experienced 5 unauthorized flash exchanges within 97 seconds. The transactions they listed included 2.331 BTC exchanged for USDC, as well as two rounds of back-and-forth exchanges totaling approximately 260,000 USDC and EUR, which collectively reduced about 10,044 USDC, with each round close to 2%.A user claimed that Binance customer service insisted that the related transactions originated from their commonly used iPhone but did not provide sufficient records to prove that the user actually authorized them, nor did they adequately explain the exchange rate differences. They publicly raised three questions, including who initiated the transactions, why the price difference was significant, and who benefited economically, and published the complaint number CC10319344, requesting intervention from He Yi, CZ, and the Binance security team. They added that there were a total of 6 transactions in the screenshots, and only the EDEN exchange for USDC at 02:21:13 was operated by them, while the other 1 BTC exchange and 4 USDC and EUR exchanges were neither initiated nor authorized by them, with the EDEN exchange they operated occurring between the aforementioned 5 transactions.

According to Whale Alert monitoring, at 09:10 Beijing time, USDC Treasury minted 250 million USDC on the Solana network, worth approximately 250 million USD.