USDC (USDC)

JUST IN: Arthur Hayes (@CryptoHayes) received 223.7K $USDC from @FalconXGlobal. https://t.co/85XjtQFurV What will he invest in next? https://t.co/pdssxT72Ed

🚨JUST IN: $USDC’s share of @Solana stablecoins has dropped to 46%, its lowest level in more than two years. https://t.co/8BiNxOk5un

According to an investigation by the International Consortium of Investigative Journalists (ICIJ), law enforcement agencies in Wisconsin and New York accuse stablecoin issuer Circle of refusing to cooperate in freezing or returning victims' funds in some fraud cases. The report states that Wisconsin prosecutors have filed a criminal complaint against Circle in a particular case, and New York prosecutors previously wrote to U.S. senators criticizing Circle for not actively cooperating with law enforcement in certain cases. Circle responded that the allegations lack basis, the company does not have the technical capability to execute court orders involved, and the relevant courts have no jurisdiction over it. It also said it will only freeze assets in accordance with legal procedures to protect user rights. https://t.co/SOZc19YMx0

Got selected for a $1,000 Wallchain campaign (4 posts) but decided to turn it down. The project, Convallax, is built around options on prediction markets. But since I'm not familiar with the product - and don't really trade PMs or options myself - I didn't feel comfortable talking about it. If I am not gonna put my own skin in the game, I won't promote it Playing the long-term game.

USDC on $INJ makes a lot of sense you take the biggest digital dollar in crypto and put it on a chain built for finance ➢ near-instant settlement ➢ regulated stablecoin rails ➢ shared liquidity ➢ onchain orderbooks ➢ programmable money thats the kind of combo injective needs if it wants to be taken seriously by real finance users because DeFi needs dollars that move fast and settle cleanly $USDC gives @injective a stronger base layer for payments, trading, lending, yields and everything else built on top simple idea, but very important for the finance chain thesis

BREAKING: Binance’s USDC reserves fell 21.6% in 30 days, more than $1 billion, per CryptoQuant. The window spans Binance’s July 1 suspension of EEA services and Coinbase’s 7% USDC lending boost; Binance’s USDT book near $42 billion dwarfs its USDC holdings. https://t.co/8azf0Q7N80

CryptoQuant: Binance USDC Holdings Drop 21.6% in 30 Days as Over $1B in Liquidity Exits @CryptoQuant_KR said Binance is seeing a structural decline in stablecoin purchasing power. Over the past 30 days, its USDC holdings fell 21.6% to $4.6 billion, while USDT-ETH recorded large withdrawals of over $997 million and $838 million on June 26 and July 7. Binance’s stablecoin net outflows averaged $115 million per day last week, with more than $1 billion in total liquidity exiting, potentially making prices more vulnerable to sudden volatility.