USDC News Today

As tensions in the Middle East escalate, oil prices have surged significantly. The G7 finance ministers are discussing releasing emergency oil reserves to ease market pressure. Oil prices are influenced by multiple factors, and concerns about supply shortages are intensifying. The crypto market's demand for crude oil trading remains strong. If the reserves are released in a timely manner, it could temporarily alleviate supply and demand tensions, but uncertainties in the situation still remain.

Circle Internet Group announced the completion of $68 million in internal settlements through the stablecoin USDC and its own infrastructure Circle Mint in less than 30 minutes. This demonstrates the high efficiency of stablecoins in corporate financial management, especially in cash flow, auditability, and settlement speed, ushering in a new era of real-time fund management.

The Korea Financial Services Commission plans to impose stricter restrictions on corporate use of stablecoins, including banning the purchase of stablecoins pegged to the US dollar. This policy will significantly impact corporate crypto investments and cross-border payments, although some companies hope for more relaxed policies to reduce exchange rate risk. Regulators favor handling international settlements through the traditional banking system and are developing new policy frameworks.

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.

Gate News bot message, a whale has deposited $7.75 million USDC into HyperLiquid and opened an ETH long position with 2x leverage. According to the report, this whale has previously generated over $11.8 million in profits across multiple positions.

On March 9th, according to Onchain Lens monitoring, an on-chain address deposited $1 million USDC into the decentralized exchange HyperLiquid, opening WTI crude oil futures long positions and Brent crude oil futures short positions with 20x leverage, and has accumulated profits of over $94.8 million on the platform.

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.

Kalshi and Polymarket are in talks for a new funding round of $20 billion, with a significant increase in valuation. Kalshi's valuation has risen from $11 billion to approximately $20 billion, an increase of 82%; Polymarket's valuation has increased from $9 billion to approximately $20 billion, a rise of 122%. Prediction markets have grown rapidly over the past two years, driven by major elections and sporting events, and are facing regulatory impacts from the CFTC. The long-term outlook remains bullish.

Stablecoins are delivering a liquidity surge unseen in recent cycles, with February marking a record on-chain transfer activity and signaling a shift in how capital moves through crypto markets. Allium’s data shows total stablecoin transfers climbed to $1.8 trillion in February, underscoring a

Circle used USD Coin to settle $68M across eight entities in under 30 minutes via its Circle Mint treasury platform. The stablecoin workflow replaced bank wires that usually take one to three days, enabling faster intercompany treasury settlements. Circle Mint maintained treasury

Gate News reports that on March 8th, according to data from the Allium website, the number of stablecoin transactions in February reached 1.8 trillion, setting a new monthly record. Among them, USDC transactions accounted for 70% of the total market data, approximately 1.26 trillion, about twice the number of USDT transactions; USDT transactions were approximately 514 billion.

Gate News Report, March 8 — Circle Global Market Head Peter Schroeder cited Enterprise Onchain data showing that over the past nine months, AI agents have completed 140 million payments with a total transaction volume of $43 million. Among these, 98.6% of transactions were settled in USDC, with an average transaction amount of $0.31. Currently, the number of AI agents with purchasing power has exceeded 400,000.

Circle recently demonstrated the transformative potential of stablecoins in corporate finance by swiftly transferring $68 million using USDC, showcasing advantages like instant settlement and improved transparency over traditional banking methods.

Gate News Report, March 8th: According to Onchain Lens monitoring, a newly created wallet deposited 2 million USDC into Hyperliquid, opened a 5x leveraged BTC short position and a 20x leveraged ETH short position, with the current position value approximately equivalent to 10 million USD.

The trading volume of stablecoins has reached an all-time high, with Circle's USDC surpassing Tether's USDt, according to newly released data. USDC continuously surpasses USDt in trading volume According to data from Allium, the total trading volume of stablecoins reached $1.8 trillion in February, t

Rune Christensen's crypto wallet made waves by depositing $4M in $USDC into HyperLiquid, opening leveraged oil positions. This risky move amid geopolitical instability has sparked discussions on speculation versus calculated risk in the crypto community.

Circle CEO Jeremy Allaire revealed that Circle has completed internal entity transfers using USDC through the Circle Mint platform, transferring over $68 million in the first month, with significantly higher efficiency than traditional bank wire transfers. The platform will launch a fund management update in March to optimize account transfers and integrate with accounting system APIs.

Stablecoins are delivering a liquidity surge unseen in recent cycles, with February marking a record on-chain transfer activity and signaling a shift in how capital moves through crypto markets. Allium’s data shows total stablecoin transfers climbed to $1.8 trillion in February, underscoring a