Gate News Report, on March 10, at 23:36 and 23:41 Beijing time, according to Whale Alert monitoring, USDC issuer USDC Treasury minted an additional 250 million USDC on the Solana chain, totaling 500 million USDC minted in two transactions (worth approximately $500 million).

Analyst Bernstein maintains a bullish outlook on stablecoin issuer Circle, with a target price of $190, expecting a 70% increase. The analysis points out that stablecoins are gradually decoupling from the crypto market, with USDC supply rebounding to approximately $78 billion, and the total stablecoin supply reaching $184 billion.

The total market capitalization of stablecoins across the entire network reached $312.4 billion, a new all-time high, with USDT and USDC accounting for 58.9% and 25% respectively. Sky's USDS has a market cap of $7.92 billion, a monthly increase of 26.7%. Sky Protocol's daily protocol revenue reached $600,000. The issuance of yield-bearing stablecoins exceeded $21.5 billion, accounting for 6.88%.

Gate News bot message, Whale 0x985f deposited 9.5 million USDC into HyperLiquid over the past 5 hours to short oil with 20x leverage. The whale's positions include 94,512 xyz:CL valued at $8.17 million and 68,974 xyz:BRENTOIL valued at $6.15 million. Additionally, the whale shorted multiple tokens

Gate News Announcement: On March 10, the Compound Foundation announced via social media that USDe has been added as collateral for USDC and USDT Comets in the Compound v3 mainnet.

Gate News Announcement: On March 10,, EDGE Chain added support for USDC. Users can use USDC in edgeX and other applications within the EDGE ecosystem. Previously, Circle announced that Circle Ventures had completed a strategic investment in edgeX and reached a deep cooperation. After the relevant conditions are met, Circle plans to integrate the native USDC and its cross-chain transfer protocol CCTP into EDGE Chain.

Gate News bot message, within the past 24 hours, a whale deposited $2.6M USDC into HyperLiquid and opened CL and BRENTOIL short positions with 7x leverage. The whale currently holds a floating profit of over $1.5M.

Gate News Report, March 9 — According to Whale Alert monitoring, the USDC Treasury issued an additional 250 million USDC on the Solana chain on March 9, valued at approximately $250 million.

Aon completes the first stablecoin insurance premium payment pilot, utilizing stablecoin technology to improve capital flow efficiency. The pilot collaborates with crypto exchanges and stablecoin issuers to demonstrate flexibility across multiple blockchains, aiming to evaluate the application of regulated stablecoins in insurance services.

Sharplink released its 2025 financial report, showing its Ethereum holdings increased to 868,699 tokens, making it the second-largest publicly traded company globally in ETH holdings. It also holds $28.5 million in cash and $1.9 million in USDC, with plans to continue increasing its ETH holdings.