Search results for "USDC"

Bernstein is optimistic about Circle with a 70% increase! The target price is set at $190, with a positive outlook on stablecoins as AI and payment infrastructure.

Wall Street investment firm Bernstein's latest report is bullish on USDC issuer Circle, with a target price of $190 and an expected potential increase of 70%. As stablecoins become more widespread in cross-border payments and future AI applications, Circle is poised to become a key infrastructure for the next generation of online finance. The adoption of stablecoins shows strong growth, especially in the payments sector.
USDC-0,01%
動區BlockTempo·3h ago

Hyperliquid crude oil contract surpasses $1.2 billion, ranking as the second-largest trading pair

Hyperliquid's CL-USDC contract traded over $1.2 billion in volume within 24 hours, nearly 57 times the growth compared to the US-Israel strike on Iran, indicating a sensitive response to geopolitical pressures. As a perpetual futures contract with no expiration date, settled in USDC, it attracts retail traders but does not directly represent traditional oil market prices. Overall energy and precious metals contracts have seen increased activity, reflecting market sentiment and heightened leverage trading interest.
HYPE1,17%
USDC-0,01%
ETH2,68%
BTC3,35%
MarketWhisper·15h ago
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South Korea opens corporate investment in cryptocurrencies but explicitly excludes USDT and USDC

The Korean Financial Services Commission plans to introduce the "Corporate Virtual Asset Trading Guidelines," allowing listed companies and professional corporations to invest in Bitcoin and Ethereum, but excluding stablecoins such as USDT and USDC due to legal conflicts and foreign exchange risk concerns. Companies with strong demand for stablecoins can hold them through overseas channels, creating a gray area. The Korean government is also pushing forward with amendments to digital asset laws and exploring the possibility of a Korean won stablecoin.
USDC-0,01%
ETH2,68%
BTC3,35%
MarketWhisper·03-09 06:10
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BloFin Research: Circle Stablecoin Survives Bear Market, OCC Becomes the Biggest Critical Variable

BloFin Research report analyzes Circle's profit model, primarily driven by three factors: "interest rates, USDC scale, and distribution economics." However, OCC's new interpretation of the "GENIUS Act" could pose a serious threat to the collaboration between Circle and Coinbase, affecting USDC distribution efficiency. The report also notes that the stablecoin supply is decoupled from the crypto market prices, indicating that Circle's reserve income is more stable.
USDC-0,01%
MarketWhisper·03-09 04:01
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South Korea plans to allow companies to invest in cryptocurrencies! But they are not allowed to buy USDT and USDC. What is the reason behind this?

South Korea's financial regulatory authorities plan to lift restrictions on corporate investments in crypto assets, but stablecoins like $USDT and $USDC will be excluded mainly due to foreign exchange regulations and capital outflow concerns. Although there is corporate demand for stablecoins, regulators worry that this move could increase speculative risks. Under current laws that have not been amended, the use of stablecoins remains uncertain.
USDC-0,01%
BTC3,35%
ETH2,68%
CryptoCity·03-09 03:45

South Korea Blocks Dollar Stablecoins for Corporates

Corporate crypto rules allow firms to trade major coins like Bitcoin and Ethereum but exclude USDT and USDC. Regulators cite foreign exchange laws, requiring cross-border payments through licensed banks, not stablecoins. Some firms lobbied for stablecoin use for faster payments, but
BTC3,35%
ETH2,68%
USDC-0,01%
CryptoFrontNews·03-08 18:11