The XDC Network has announced the listing of USDC on the Kraken platform, reflecting its expansion in the cryptocurrency market. This move comes with record-low costs, making it easier for users to access its services.
Circle Internet Group's shares, which issue the USDC stablecoin, experienced a historic decline on Tuesday. Investors expressed concerns over potential regulatory changes that could impact the currency's appeal, compounded by threats from competitors.
Circle, the issuer of the USDC stablecoin, saw its shares drop sharply by 19% following Tether's announcement of hiring a Big Four auditing firm to audit its USDT reserves for the first time. This marks the worst day in Circle's history.