According to a post by Radiant Capital on X, there have been reports of issues with the newly created native USDC market on Arbitrum. After verification by Radiant developers and the wider Web 3 security community, the Radiant DAO committee has temporarily suspended the lending market on Arbitrum.No action can be taken until the market on Arbitrum is released from suspension. Once the issue is fully resolved, a detailed post-mortem analysis will be released and the Arbitrum protocol will resume normal operation.

According to official data , Circle issued 1.9 billion USDC and redeemed 1.8 billion USDC in the past seven days, increasing the circulation by 100 million USDC. As of December 28th, the total circulation of USDC was 24.8 billion US dollars, with a reserve of 24.9 billion US dollars, including 2.6 billion US dollars in cash, and the Circle Reserve Fund held 22.3 billion US dollars.

According to PeckShield monitoring, an address starting with 0xf8c was hacked in a zero transfer phishing attack and 710,000 USDC was stolen.<br>Phishing address: 0x949D0DbE58c77EEF31eDAB5E476f41E4F5ef861B.

As of December 21, Circle issued a total of 1.8 billion USDC and redeemed 1.5 billion USDC in seven days, increasing the circulation by 300 million US dollars. The total circulation of USDC is 24.7 billion US dollars, with a reserve of 24.8 billion US dollars, including 2.5 billion US dollars in cash, and Circle Reserve Fund holds 22.3 billion US dollars.

Radiant Capital, a multi-chain lending protocol, initiated a community proposal to vote on using native USDC as collateral. The voting will continue until 8:00 PM Eastern Time on December 24th, 2023.

The issuer of the US dollar stablecoin USDC, Circle, has announced the signing of a memorandum of understanding with digital asset infrastructure provider Fuze, aimed at expanding the adoption of USDC stablecoins in the Middle East and North Africa region. The goal is to extend USDC to institutions such as banks, fintech companies, traditional enterprises, and Web3 companies in the relevant regions.

According to data from Circle website reported, from December 8th to December 14th, Circle issued about 1.9 billion USDC and redeemed about 1.8 billion USDC, with an increase in circulation of about 100 million. As of December 14th, the circulation of USDC was 24.4 billion, with reserve funds of about 24.5 billion US dollars.

According to WhaleAlert monitoring, at 18:54:11 Beijing time, 87,500,000 USDC was transferred from an unknown wallet to Binance.

Coinbase CEO Brian Armstrong has stated that the Coinbase wallet now has a simple mode focused on payments. For example, it can support sending USDC for free and instantly on Base globally. We will try to make it the default mode for emerging markets to make it easier for users to use. People can switch to advanced mode at any time.

According to Spot On Chain monitoring data, Whale 0x900 purchased 5,189 stETH with 11.55 million USDC at an average price of $2,226 in the past 1.5 hours. It is worth noting that the whale received stable coins from the address 0xd39, which is ultimately linked to Alex Amsel.