Token holders of the Solana ecosystem project Ranger Finance voted on-chain to decide on liquidating the project and recovering funds. This decision was prompted by allegations of false statements by the team, ultimately resulting in the removal of 5 million USDC allocated to token holders.

Analyst Bernstein maintains a "beat the market" rating on USDC issuer Circle, with a target price of $190, noting that stablecoins are gradually moving away from the crypto market cycle, with USDC supply rebounding to $78 billion. Payment applications are the main driving force. Stablecoins are embedding into traditional payment networks, and AI-driven "agent finance" could become a new growth point.

Circle announces the launch of the Circle Nanopayments testnet, supporting transfers of as little as $0.000001 USDC with no Gas fees, aiming to provide a payment infrastructure for the Agent economy. Using off-chain transaction aggregation and delayed on-chain settlement, developers can enable various payment scenarios. The solution has been deployed on multiple testnet chains.

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.