USDC

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)
Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.
Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Circle co-founder and CEO Jeremy Allaire. (CoinDesk)
Circle Rolls Out Support for USDC Stablecoin on Arbitrum
Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.
Circle co-founder and CEO Jeremy Allaire. (CoinDesk)

(SpaceX/Unsplash)
Turbos Finance Introduces Smart Routing for Stablecoins on Sui
The feature aims to reduce friction for users coming from other ecosystems to Sui and improve liquidity.
(SpaceX/Unsplash)

(Alfred Gescheidt/Getty Images)
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).
(Alfred Gescheidt/Getty Images)

Jeremy Allaire, CEO of Circle (Danny Nelson/CoinDesk)
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
The stablecoin issuer now only holds cash and repurchase agreements to back its USDC stablecoin’s value.
Jeremy Allaire, CEO of Circle (Danny Nelson/CoinDesk)

JP Morgan office (Matthew Foulds/Unsplash)
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.
JP Morgan office (Matthew Foulds/Unsplash)

(Dean Hochman/Flickr)
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.
(Dean Hochman/Flickr)

Circle CEO Jeremy Allaire (CoinDesk)
USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default
Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.
Circle CEO Jeremy Allaire (CoinDesk)

(Sandali Handagama/ CoinDesk)
NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
Funds structured as stablecoin issuer Circle’s BlackRock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase...
(Sandali Handagama/ CoinDesk)

MakerDAO founder Rune Christensen (CoinDesk TV)
Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.
MakerDAO founder Rune Christensen (CoinDesk TV)