How the GENIUS Act made USDC wall street’s stablecoin
Circle's USDC was built for regulation before the GENIUS Act required it. Here's how Wall Street infrastructure quietly adopted it as the institutional default.
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The post Circle Freezes $12.6M USDC in Zama Protocol, Sparks Criticism appeared on BitcoinEthereumNews.com. Terrill Dicki May 30, 2026 18:52 Circle’s $12.6M USDC freeze in Zama’s protocol raises concerns over unilateral actions and selective enforcement in the stablecoin market. Stablecoin issuer Circle has frozen $12.6 million in USD Coin (USDC) tied to Zama, a privacy-focused protocol, according to on-chain analyst ZachXBT. The freeze, which reportedly occurred without prior notice, has reignited criticism over Circle’s ability to unilaterally blacklist addresses and confiscate funds at the smart-contract level. According to ZachXBT, the affected funds were linked to Zama’s confidential USDC (cUSDC) smart contract. The smart contract was publicly labeled on blockchain explorers, and $12.4 million had been deposited into it by wallets associated with the DeFi protocol Overnight Finance earlier in May. Overnight Finance itself recently faced allegations of misappropri
Read full articleCircle's USDC was built for regulation before the GENIUS Act required it. Here's how Wall Street infrastructure quietly adopted it as the institutional default.
The post Binance Enters U.S. Stock Trading, Plans bStocks Tokenized Equities appeared on BitcoinEthereumNews.com. The post Binance Enters U.S. Stock Trading, Plans bStocks Tokenized Equities appeared first on Coinpedia Fintech News According to Fortune, Binance will allow non-U.S. users to trade more than 7,000 U.S. stocks and ETFs with zero commissions and fractional shares starting at $5. Users can purchase equities using USDT, USDC, BNB and selected cryptocurrencies, with Nest Trading providing brokerage services and Alpaca handling custody, dividends and corporate actions. Binance also plans to … Source: https://coinpedia.org/crypto-live-news/binance-enters-u-s-stock-trading-plans-bstocks-tokenized-equities/
The post Binance enters U.S. stock trading with 7,000 equities for users appeared on BitcoinEthereumNews.com. Binance will allow non-U.S. users to trade more than 7,000 U.S. stocks and ETFs as the exchange pushes deeper into traditional markets. Summary Binance will let non-U.S. users trade over 7,000 U.S. stocks and ETFs commission-free. Users can buy fractional shares from $5 using USDT, USDC, BNB and selected cryptocurrencies. Binance plans bStocks on BNB Chain as tokenized equities race gains more exchange backing. Binance opens U.S. stock access The new service will offer zero-commission trading and fractional share purchases starting at $5, according to Fortune. The feature will target users outside the United States. Customers will be able to buy equities using USDT, USDC, BNB and selected cryptocurrencies. Nest Trading will provide brokerage services, while Alpaca will handle custody, dividends and corporate actions. Binance Enters U.S. Stock Trading, Plans bStocks Tokenized Eq
Binance is set to offer 7,000 U.S. stocks and ETFs to non-U.S. users, with bStocks tokenized equities planned for BNB Chain in coming weeks.
The post Gravity Bridge Loses $5,4M in Suspected Key Compromise Attack appeared on BitcoinEthereumNews.com. According to blockchain security researchers, the incident may have been caused by a compromised contract key, which allowed an attacker to withdraw millions in USDC, WETH, USDT, and PAXG. After the exploit, the Gravity Bridge team halted bridge operations and instructed validators to stop their validators and orchestrators while the incident is investigated. Hackers Steal $5.4M From Gravity Bridge Gravity Bridge, a decentralized cross-chain protocol that enables asset transfers between the Ethereum and Cosmos ecosystems, suffered a major security incident that resulted in the loss of approximately $5.4 million worth of digital assets. The exploit was first identified by on-chain analyst Specter, who reported unusual outflows from the protocol and suggested that the bridge’s contract key may have been compromised. According to Specter, the suspected compromise allowed an attacker
The post Bitgo CEO Warns Europe’s MiCA Rules Could Trigger a Massive Stablecoin Crisis appeared on BitcoinEthereumNews.com. Key Takeaways Mike Belshe warns MiCA limits insurance to €100K, creating system-wide risks for European stablecoins. Recalling how 1 SVB failure depegged USDC in 2023, Belshe warns the banking sector can crash crypto. Bitgo’s CEO demands better rules to protect billion-euro stablecoin reserves from bank collapses. Bitgo CEO States MiCA Brings Systemic Risks to Stablecoin Issuers Mike Belshe, CEO of Bitgo, one of the largest custody providers in the crypto industry, believes that current cryptocurrency regulation in Europe might contribute to a potential stablecoin debacle. On social media, Belshe explained that the Markets in Crypto Assets (MiCA) regulation exposes the stablecoin ecosystem in Europe to systemic risks, forcing stablecoin issuers to hold reserve balances in traditional banks that follow fractional reserve standards. “That creates a direct link betwe
Bitgo CEO Mike Belshe claims that the Markets in Crypto Assets (MiCA) framework puts the entire stablecoin ecosystem in danger by forcing issuers to hold their reserves in fractional banks, exposing crypto to the risks of the fiat system in Europe. Bitgo CEO States MiCA Brings Systemic Risks to Stablecoin Issuers Mike Belshe, CEO of […]
The post Circle Targets Post-Quantum Security In Bold USDC Roadmap appeared on BitcoinEthereumNews.com. Circle Targets Post-Quantum Security In Bold USDC Roadmap Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/circle-targets-post-quantum-security-in-bold-usdc-roadmap/