USDC (USDC)

@circle Circle failed users / builders as a centralized issuer and thinks CT will forget about it if no comment is made. https://t.co/NOMgSgwKav

Update: $230M+ USDC bridged via CCTP from Solana to Ethereum across 100+ txns. 6 hours is how long Circle had to freeze stolen funds from the $280M+ Drift hack. Circle is a centralized stablecoin issuer headquartered in New York and the attack began around 12 pm ET. Why does our industry allow them to stay silent? @jerallaire @circle @usdc

"We had this philosophy when we started Circle that over the long run—the marginal cost of storing and moving value would go to zero, and that the business model of charging fees for payments would collapse." — Circle CEO @jerallaire "You don't get charged for your WhatsApp audio call." "We just announced something called Circle Nano Payments. It's a module for agents to be able to have a stored balance of digital dollars—tokenized dollars—and be able to transact them to different wallets on different blockchains." "We've gotten it to the point where we can actually have transactions priced at one-millionth of a penny per transaction."

Circle was asleep while many millions of USDC was swapped via CCTP from Solana to Ethereum for hours from the 9 figure Drift hack during US hours. Value was moved and nothing was done yet again. Comes days after you froze 16+ business hot wallets incompetently which is still being slowly unfrozen. @circle @jerallaire @usdc are bad actors for the industry.

Ahead of @hashportNetwork’s May 31 wind-down, we've published an RFC continuing the DAO’s bridge-diversification and asset-expansion strategy. This is a measured shift of incentives toward preferred liquidity lanes such as @Axelar. Discussion: https://t.co/YwLYlNAIDo If you hold hashport-bridged assets such as USDC[hts] or WBTC[hts], plan to bridge them back before May 31, 2026. After shutdown, redemption through hashport will no longer be available.

Noticed something interesting 👀 Large USDC inflows just hit the market in the last few hours. https://t.co/mNgWhFbZf5

Larry Fink said that at $150 oil the chances of a recession are 100%. In that scenario, the efficiencies @CantonNetwork and @circle create for the economy will be even harder to ignore. In downturns institutions prioritize liquidity, cost and counterparty risk. Canton improves the rails, enabling faster settlement and collateral movement between institutions. Circle improves the money layer, programmable digital dollars that move globally 24/7. Better rails + better cash matter more when markets tighten. But it will likely follow in 3 phases 👇 Phase 1: Risk-off crash Phase 2: infrastructure winners emerge Phase 3: institutional rails get valued $CC $CRCL

💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 250,000,000 #USDC (250,001,335 USD) minted at USDC Treasury https://t.co/ahfQU5S0AF