Circle Ventures has partnered with Crossmint to expand USDC stablecoin usage across more blockchain rails, aiming to reach billions of users and AI agents for near-instant transactions globally. Stablecoins like USDC are increasingly popular in inflation-hit countries like Argentina, where locals use “crypto caves” to buy stablecoins. Despite USDC’s growth, Tether (USDT) remains dominant with $100 billion in daily trading volume compared to USDC’s $10.3 billion. Crossmint also partnered with Tempo to drive stablecoin adoption.
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Bitcoin price reaches new all-time high of $64,863 as market cap surpasses $1.2 trillion. The cryptocurrency has surged over 115% this year, with institutional investors driving the momentum. Analysts predict further gains as demand continues to outstrip supply. Trading volume has also hit record levels, signaling strong investor interest.
Ethereum hits record high of $2,487 as market cap tops $285 billion. The second-largest cryptocurrency has seen a 200% increase in value this year, driven by the growing popularity of decentralized finance (DeFi) applications. Investors are bullish on Ethereum’s potential for smart contracts and other innovative blockchain use cases.
Dogecoin price surges 20% after Tesla CEO Elon Musk tweets support for the meme cryptocurrency. Musk’s tweet, which features a “Dogecoin to the moon” meme, has reignited interest in the digital asset. Dogecoin’s market cap has now exceeded $50 billion, making it one of the top 10 cryptocurrencies by market capitalization.: Circle and Crossmint Expand Stablecoin Rails for Humans and AI
