$USDC Alert: Institutional trust is increasing! The digital dollar is advancing beyond crypto trading: 🏦 OCC conditional approval: Circle (the issuer of USDC) has just received conditional approval from the OCC to establish a national trust bank, aimed at strengthening the regulatory infrastructure around $USDC reserves. 📈 Circulation up: In the last seven days, the net circulation has increased by nearly $500 million USDC, indicating strong market demand. 🤝 Institutional adoption: The CFTC has launched a pilot program allowing $USDC to be used as collateral in regulated derivatives markets. 🐳 Whale watch: Although the recent transfer of $365M USDC from Deribit has sparked speculation, such large movements often indicate major institutional players preparing for strategic market action. USDC is bridging the gap for TradFi. As a regulated, transparent asset, its role in global finance is accelerating its adoption.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.