Matthew Sigel, head of digital asset research at VanEck Associates, said he is unsure if Circle will conduct an IPO until USDC's market share stabilizes. Earlier, Golden Finance reported that Circle Internet, a stablecoin issuer, is considering an IPO in 2024. Insiders revealed that the company is in discussions with advisors and preparing for a potential initial public offering, but the deliberations are still ongoing.

According to Coingecko data, the current market value of Solana has reached about 24.17 billion US dollars, surpassing USDC, and currently ranks sixth in the cryptocurrency market value rankings, second only to Bitcoin, Ethereum, Tether, BNB and XRP. At the time of writing this article, SOL was temporarily reported at 57.57 US dollars, with a 30-day increase of 163.1%.

On November 14th, Circle's cross-chain transfer protocol (CCTP) will go live on the Cosmos ecosystem application chain Noble on November 28th, allowing users to migrate USDC between blockchains in a single transaction, and any user on a blockchain that supports CCTP can transfer assets to Noble.<br>Circle's cross-chain transfer protocol (CCTP) on Noble allows users to easily, simply, and securely send their USDC directly from other chains to the dYdX Chain.

According to Whale Alert monitoring, at 11:52 PM on November 13th Beijing time, USDC Treasury destroyed 55 million USDC tokens ($54,978,000).

Solana lending protocol Solend announced on X platform that some updates to the main pool will take effect today: - The LTV of USDC and USDT will be updated from 65% to 70%; - The effective LTV of LST will be updated to 55%; - The borrowing initiation fee for SOL will be temporarily reduced to 1 basis point for 24 hours (with a cap of 200,000).

Circle's co-founder and CEO Jeremy Allaire announced that Circle Research has released a white paper on "Robust Thresholds ECDSA Signatures" and an open-source Golang implementation of CGG+21 threshold signatures. The goal is to identify signature signers who behave improperly in real-time by combining the CGG+21 signature protocol with the CGG+21 traitor tracking protocol, allowing third-party observers to identify malicious signers in real-time to improve blockchain transaction security. Circle Research also stated that the CGG+21 signature algorithm is a recommended update to GG18. Users of Binance tss-lib GG18 library can switch to Circle Research's CGG+21 signature module while retaining their existing keys. CGG+21 requires fewer communication rounds than GG18 and can significantly shorten signature time in cold storage scenarios.

According to data from the Circle official website , Circle issued a total of 1.3 billion USDC in the past 7 days, redeemed 1.6 billion USDC, and reduced the circulation by 300 million USDC. As of November 9th, the total circulation of USDC was 24.1 billion, with a reserve of 24.2 billion US dollars, including 1.3 billion US dollars in cash, and the Circle Reserve Fund held 22.9 billion US dollars.

Clearpool, an investment portfolio under HashKey Capital, announced that the crypto market maker Wincent Investment Fund has launched a new USDC borrowing pool on its decentralized lending market based on the Optimism mainnet. Data shows that the current liquidity pool size has reached 12,163.41 USDC. It is reported that Wincent is a creditor of the bankrupt crypto exchange FTX and also a member of the FTX unsecured creditors committee.

Scam Sniffer on X platform stated that about 56 minutes ago, an address lost USDC worth $190,000 due to phishing scams, and the victim's tokens were stolen by the scammer by approving the ERC20 Permit message.

Circle, the stablecoin issuer, has launched an upgrade for its USDC and EURC stablecoins, which includes decreased gas costs, improved support for account abstraction, and increased security for transactions on EVM blockchains. The upgrade is fully backwards-compatible and does not require any action from developers or users. The blockchain security firm Halborn audited all the code changes, and Circle plans to roll out the upgrades starting on November 9th and completing them over the next few months. The upgrades will also include improvements to checking blocklists, better resilience against forks, and a one-time rename for the EURC symbol from EUROC.

Stablecoin issuer Circle Internet is reportedly considering an IPO in 2024.

On November 7th, Moonbeam Network announced on X platform that native USDC can now be used on Moonbeam and can be transferred from Polkadot Asset Hub to the network through Moonbeam DApp.

Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, announced on social media that Circle's new products will soon launch on the Solana blockchain, including its Euro stablecoin EURC and cross-chain transfer protocol CCTP. Once CCTP completes its support for Solana, users will be able to send and receive USDC stablecoins between Ethereum, Cosmos, AVAX, and other Layer 2 networks that support EVM.

According to data from the Circle official website, Golden Finance reported that Circle issued a total of 1.2 billion USDC and redeemed 1.8 billion USDC in the past seven days, reducing the circulation by 600 million USDC. As of November 2nd, the total circulation of USDC was 24.4 billion, with a reserve of 24.5 billion US dollars, including 1 billion US dollars in cash, and the Circle Reserve Fund held 23.5 billion US dollars.

According to Scopescan monitoring, Wintermute related address exchanged about 320,000 LINK for 3.61 million USDC on Uniswap 2 hours ago.

According to data monitored by Spot On Chain, a whale sold 320,291 LINK for an average price of $11.182 in the past 30 minutes, in exchange for 3.58 million USDC. The whale accumulated these LINK through Wintermute from Binance at an average price of $10.74 ($3.44 million) before the price rise, with an expected profit of $135,000 (+3%).

MakerDAO transferred $250 million from Coinbase to the DAI Peg Stabilization Module (PSM) to maintain the peg after the USDC reserve in DAI (which needs to exceed at least $200 million to be considered safe) approached dropping below $60 million earlier today. PSM is a collateral pool that allows users to mint DAI by exchanging USDC at a 1:1 ratio and arbitrage DAI back to being pegged to the dollar. If the PSM reserve is depleted, the price of DAI may be higher or lower than $1.

Stablecoin issuer Circle will be closing individual accounts on November 30, according to emails received by customers. The company confirmed that business and institutional "Mint" accounts will remain available. The reason for the closure is part of Circle's strategic review and may be due to a drain on reserves caused by a network of individual accounts operating as KYC mules or money-laundering intermediaries. Some speculate that the closure may also be part of a cost-cutting or restructuring exercise.

Stablecoin issuer Circle will stop supporting individual consumer Circle Mint accounts, which will be closed on November 30. <br>

According to data monitored by Spot On Chain, DCF GOD seems to have spent 40,000 USDC at an average price of $46.154 to buy 866.67 UNIBOT about 30 minutes ago. After the hacker attack, the price of UNIBOT plummeted by nearly 40%.