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02:53
USDC circulation increased by approximately 1.3 billion within one week
Foresight News reported that, according to information on Circle's official website, approximately 5.3 billion USDC were issued and about 4 billion USDC were redeemed in the week ending February 26 (local time), resulting in a net increase of around 1.3 billion USDC in circulation. As of February 26 (local time), the circulating supply of USDC was approximately 75.2 billion, with reserve assets valued at about 75.5 billion US dollars.
02:48
Circle launches USDCx on Cardano
Foresight News reports that Circle has launched USDCx on Cardano. USDCx is backed by USDC held in Circle xReserve. Circle xReserve stores funds in non-custodial smart contracts and provides deposit and minting proofs for USDCx on Cardano, enabling secure and verifiable asset issuance and cross-chain transfers.USDCx on Cardano can interoperate cross-chain with other blockchains that have native USDC through CCTP, without relying on third-party cross-chain bridges.
02:41
Hyperliquid silver perpetual contract trading volume surpasses the bulk market silver futures
Yesterday on the Hyperliquid platform, the price of oil perpetual contracts rose by about 5% to $70.6 per barrel, while the prices of gold and silver perpetual contracts increased by approximately 1.3% and 2%, reaching $5,323 and $94.9 per ounce, respectively. Silver futures trading volume led the commodity futures market, with a 24-hour trading volume exceeding $227 millions, and gold futures trading volume was about $173 millions.
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