USDC News Today

Circle CEO Jeremy Allaire plans to visit South Korea in April to meet with executives from multiple banks and exchanges to discuss USDC use cases, international payments cooperation, and its KRW stablecoin plans, with the goal of expanding USDC’s use in the Korean market.

In early April, Circle minted $3.25 billion USDC on the Solana blockchain, setting the largest single-week issuance record since 2026, indicating rising DeFi activity and demand for institutional capital inflows. As a liquidity medium, USDC supports trading and lending across the Solana ecosystem, and its huge coin-minting volume also underscores Solana’s important role in stablecoin settlement. Analysis suggests that the flow of funds will affect market impact strength.

Due to delays in the legislation of the Digital Asset Basic Act, several financial institutions in South Korea have launched stablecoin payment services for foreign users, building infrastructure. Industry analysis says that such services are like a “regulatory sandbox,” helping companies validate their business models.

Gate News message, Circle redeemed $550 million USDC on Solana within a 12-hour period. Over the past 30 days, Circle has issued $10.19 billion in USDC on the Solana blockchain.

The prediction market platform Polymarket will undergo a full rebuild, launching a new collateral token, “Polymarket USD,” to replace the existing USDC.e, in order to enhance its control over the settlement layer and comply with regulatory requirements. The upgrade will affect users’ trading workflows: ordinary users can complete the conversion automatically, while advanced users must do it manually. This move is intended to strengthen management of market manipulation and to promote a shift toward compliance.

Polymarket’s prediction market platform will undergo a major upgrade in the coming weeks, including the launch of the V2 trading system, the native stablecoin Polymarket USD, and an optimized order book structure. The new system will improve matching efficiency, reduce Gas costs, and support smart contract wallets to participate in trading.

Polymarket announcement: a major upgrade is planned in the next 2–3 weeks, including rebuilding the trading engine, introducing Polymarket USD, optimizing order-matching efficiency, and more. This upgrade is the largest scale since the platform launched, and it will improve trading efficiency while reducing users’ concerns about non-official assets.

Circle Internet Group minted $3.25 billion in USDC on the Solana blockchain, marking the largest weekly issuance in 2026. This move reflects Circle's strategy to enhance USDC's accessibility and capitalize on Solana's speed and low fees amid rising stablecoin demand.

Gate News report, on April 6, Whale Alert monitoring shows that USDC Treasury completed a USDC minting operation on the Solana chain at 22:55 Beijing time, minting 250M USDC.

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A decentralized perpetual contract trading platform Denaria announced that its smart contract was attacked, resulting in a loss of about $165k. The team is investigating with the auditors and has suspended the user interface while preparing a refund process. Denaria hopes to avoid legal action by inviting the attacker to contact them through a bounty program.

Gate News message: April 6, according to Onchain Lens monitoring, the whale yeti.hl deposited 2,190,000 USDC into HyperLiquid 30 minutes ago and bought 58,884 HYPE at a price of $37.21 per HYPE token.

Gate News, April 6, according to SolanaFloor data, Circle minted about 3.25 billion USDC on the Solana chain over the past 7 days, setting a record for the largest stablecoin single-week minting volume in 2026.

Gate News message, April 6, Onchain Lens monitoring shows that the whale address loracle.hl has sold off all of its held 450,000 HYPE tokens, receiving a total of 15,012,000 USDC. Of this, 12,725,000 USDC has been transferred to a certain CEX.

Gate News report: On April 6, according to Lookonchain monitoring, ETH has returned above $2,100. Within the past 2 hours, a newly created address deposited 3.98 million USDC into Hyperliquid and shorted 9,526 ETH using 20x leverage (worth $20.25 million). It is currently down $255k unrealized.

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After the $285 million Drift hack, the focus is shifting to Circle (CRCL) and whether it could have done more to stop the money. The attacker siphoned off roughly $71 million in USDC as part of the exploit Wednesday, according to blockchain security firm PeckShield. After converting most of the

Circle has significantly increased USD Coin (USDC) minting on Solana, totaling over $10.25 billion recently. This surge indicates strong demand linked to crypto trading and DeFi growth, positioning Solana as a key player for stablecoin activity.