CEO of stablecoin company Circle, Jeremy Allaire, stated that tokenization adoption will continue to grow after the approval of the bitcoin ETF and Blackrock's recognition. He believes that financial companies may issue tokenized versions of their assets this year. It is stated that asset tokenization will become a part of financial companies' development this year. Tokenization technology involves creating a digital version of an asset and putting it into a blockchain, and it may grow this year due to its advantages over traditional financial processes.

Jeremy Allaire, CEO of Circle, posted on social media X, stating that they are working hard to achieve a seamless user experience by launching the Circle multi-chain programmable wallet and USDC payment gas fees.

Chainlink is integrating Circle's cross-chain transfer protocol (CCTP) with its CCIP system. The company will use CCTP to handle the transfer of the USDC stablecoin across different blockchains. Chainlink stated that utilizing these two technologies will open up new use cases for stablecoins in payments and DeFi. CCTP is available on seven networks: Arbitrum, Avalanche, Base, Ethereum, Noble, OP Mainnet, and Polygon PoS.

Circle has stated that since its launch in 2018, the USDC stablecoin has been used to settle over $12 trillion worth of blockchain transactions. By 2022, USDC worth $130 billion is expected to flow into Asia.

Whale Alert monitored that USDC Treasury minted nearly 80 million USDC today. Around 3:53 am today, 79,491,382 USDC was newly minted, worth about $79,547,026.

On January 12th, it was announced by Jeremy Allarie, co-founder and CEO of stablecoin issuer Circle, on social media that international support for the minting and redemption of USDC has expanded from 88 countries to 185 countries.

The stablecoin issuer Circle has secretly submitted an IPO application.

Circle's stablecoin USDC experienced three drops to as low as $0.74 against its trading pair USDT on Binance, before quickly bouncing back to $1, due to a lack of liquidity to maintain its $1 peg. This occurred during a marketwide sell-off triggered by a report suggesting that the SEC may reject spot bitcoin ETF applications this month. The USDC/USDT pair has a skewed 2% market depth on Binance, with $26 million in orders stacked up to $1.02 and $6.1 million in orders stacked down to $0.98, meaning that a sell order larger than $6.1 million would cause the price to fall below $0.98. Over $500 million in derivative positions were liquidated following the report by Matrixport.

According to a post by Radiant Capital on X, there have been reports of issues with the newly created native USDC market on Arbitrum. After verification by Radiant developers and the wider Web 3 security community, the Radiant DAO committee has temporarily suspended the lending market on Arbitrum.No action can be taken until the market on Arbitrum is released from suspension. Once the issue is fully resolved, a detailed post-mortem analysis will be released and the Arbitrum protocol will resume normal operation.

Circle's cross-chain transmission protocol CCTP has been integrated into dYdX Chain, allowing users to transfer USDC on Ethereum, Avalanche or other chains to dYdX Chain via CCTP.