USDC News Today

FDIC Chairman Travis Hill in the summit stated that under the GENIUS Act, stablecoins are not protected by government deposit insurance and are classified as independent assets separate from bank deposits. Stablecoins rely on the reserves of the issuer rather than federal insurance. Additionally, tokenized deposits still enjoy FDIC protection as they are inherently considered bank liabilities. This policy has raised concerns within the banking industry that stablecoins might divert deposits.

Author: RWA Research Institute In March 2026, Peter Schroeder, Head of Global Markets at Circle, posted a set of data on the X platform: over the past nine months, AI agents have completed 140 million payments, with a total transaction volume of $43 million. Of these, 98.6% were settled in USDC, with an average transaction of just $0.31. More importantly, the number of AI agents with purchasing power has exceeded 400,000. This data speaks louder than any financial report: AI agents are moving from concept to real economic activity. 400,000 AI agents, 140 million transactions, $43 million — this is value exchange conducted autonomously between machines. No human intervention, no bank approvals, no credit card verification. Code to code, protocol to protocol, completing processes that previously required human signatures, reconciliation, and settlement.

The Chairman of the FDIC in the United States emphasized that under the GENIUS Act, stablecoins (such as USDT, USDC) are not covered by FDIC deposit insurance to distinguish them from traditional bank deposits and prevent misleading investors. Additionally, although banks can issue stablecoins, they must adhere to strict reserve requirements.

Gate News Report, March 11: According to Whale Alert monitoring, USDC issuer USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

USDC and the cross-chain transfer protocol CCTP are now live on the Ethereum L2 network Morph, supporting payments, remittances, and DeFi transactions. CCTP enables cross-chain transfer of USDC between Morph and other blockchains. The first batch of integrated partners includes a CEX, Bulba, and Stargate.

The stock price of stablecoin USDC issuer Circle has recently risen, and Bernstein reports predict it could increase another 60% in the future, with a target price of $190. The growing demand for stablecoins and the rise of AI-powered financial applications are the main driving factors. Circle's stock price has increased over 100% in the past few weeks and continues to expand its payment network, indicating that the application scope of stablecoins is expanding. Additionally, stablecoin trading volume has grown significantly, showing deeper integration with traditional finance.

Wall Street institutions are optimistic about the long-term growth prospects of stablecoin issuer Circle, predicting its stock price will rise by approximately 70%, with a target price close to $190. Analysts point out that as the application of stablecoins in financial activities expands, USDC's role in the global payment ecosystem continues to strengthen. At the same time, the programmable features of stablecoins and the development of AI technology may drive increased demand. Circle could benefit from the expansion of the digital dollar payment system and become an important part of the global financial system.

As competition in the global stablecoin market intensifies, Circle faces challenges from Tether and traditional financial institutions, but its advantages in compliance, partnerships, and technology remain promising. Research predicts that Circle's stock price is expected to rise, while USDC's growth trend and revenue are expanding rapidly. Circle is also exploring the integration of AI and blockchain in payment scenarios, and future competitive dynamics will depend on compliance capabilities and the expansion of its payment network.

Gate News reports that on March 11, according to Arkham monitoring, Circle has issued a net increase of over 8 billion USDC since early February and has added them to the circulating supply. This means that Circle has injected over 8 billion USDC stablecoins into the market in the past month.

According to analysis, the U.S. Congress may push for a permanent ban on Central Bank Digital Currencies (CBDC). Senator Cruz has introduced an amendment to turn the temporary ban into a permanent one. This move reduces concerns about the Federal Reserve issuing digital dollars and benefits the stablecoin market. However, the ban could become an obstacle to advancing the CLARITY Act, lowering its priority.

Gate News Announcement, March 11 — According to official sources, stablecoin issuer Circle (CRCL) announced that starting March 9, the native USDC and its cross-chain transfer protocol (CCTP) are officially live on EDGE Chain. This integration will bring fully regulated, USD-backed stablecoins directly into the EDGE Chain ecosystem, offering seamless cross-chain functionality and eliminating the need for wrapped or bridged assets.

By February 2026, the monthly trading volume of stablecoins reached $1.8 trillion, with USDC surpassing USDT for the first time, indicating institutional preference for compliant dollar facilities. Circle used USDC to complete a rapid cross-border settlement of $68 million, and investment institutions are optimistic about its prospects, rating it as outperforming the market. Competitive pressure comes from Tether, PayPal, and Stripe.

South Korea has recently introduced three cryptocurrency policies: the sale of 320.88 Bitcoins, the exemption of stablecoins (USDT and USDC) from corporate investment guidelines, and a 34% ownership cap for exchange shareholders. These measures have raised concerns in the market about the direction of regulation. While each measure has reasonable explanations, the cumulative effect could impact market confidence, especially during this sensitive period when new regulations are pending.

Mega Bank conducted a real-world test of cross-border remittances to 17 countries. The results showed that small remittances like USDT are faster and have lower fees compared to traditional banks, while large remittances (over $7000) are more cost-effective with banks. Additionally, stablecoins face restrictions under multiple country regulations, so practical applications still require cautious consideration.

Circle's newly launched Circle Nanopayments on the testnet are designed to support ultra-low amount USDC transactions, solving the dual dilemma of traditional payment systems and on-chain Gas fees. The system utilizes off-chain aggregation and batch on-chain settlement technology to enable developers to make micro-payments without Gas fees. The first real-world case is an autonomous robot dog completing a charging transaction through this system, demonstrating the practicality of the agent economy.

The stock price of stablecoin issuer Circle (CRCL) has shown strong gains recently, closing at $118.17, with a year-to-date increase of 49%. Bernstein reiterated a bullish rating and set a target price of $190, mainly based on the popularity of stablecoins and improvements in the regulatory environment. Circle's USDC is the second-largest stablecoin globally, benefiting from institutional trust and financial integration, indicating a decoupling from the overall cryptocurrency market.

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.