On September 6th,Circle announced on the X platform that its cross-chain transfer protocol CCTP had been launched on the Optimism mainnet. CCTP can now transfer USDC through 12 paths between 4 networks, including Ethereum, Avalanche, Arbitrum, and Optimism networks. In addition, Circle plans to introduce its cross-chain transfer protocol CCTP to the Base network.

September 6th, Circle has responded to the European Banking Authority's (EBA) public consultation on the proposal to "extend the scope of the anti-money laundering and counter-terrorism financing guidelines to include crypto asset service providers" and raised concerns about some of the terminology used in the proposal.

According to data from Circle's official website, from August 24th to August 31st, Circle issued approximately 1.1 billion USDC and redeemed approximately 800 million USDC, increasing the circulation by approximately 300 million USDC. As of August 31st, the circulation of USDC was 26.1 billion and the reserve funds were 26.3 billion US dollars.

Circle will issue native USDC on Cosmos through Noble. This stablecoin can always be exchanged 1:1 for US dollars and has institutional deposit and withdrawal channels.

According to official sources, Circle has announced that it will launch native USDC on Optimism next week. Prior to the launch of native USDC, the Ethereum bridge for USDC on the blockchain explorer will be renamed to USDC.e. Circle will also be reaching out to ecosystem applications to make the same changes to their application UI and documentation.In addition, Optimism will be working with ecosystem applications to provide a smooth transition of liquidity from USDC.e to USDC over time.

Circle will launch native USDC on Optimism next week. Prior to the launch of native USDC, the USDC on the Ethereum bridge on the blockchain explorer will be renamed to USDC.e. Circle will also reach out to ecosystem applications to make the same changes to their application UI and documentation. In addition, Optimism will work with ecosystem applications to provide a smooth transition of liquidity from USDC.e to USDC over time.

Circle, the stablecoin issuer, has partnered with Latin American fintech company MercadoPago to offer USDC in Chile. MercadoPago's mobile app will allow users to purchase or sell USDC from as little as $0.05, or $50 Chilean pesos (CLP). The partnership is expected to make it easier for Chileans to access dollar-denominated stablecoins and will help the crypto economy leave behind the idea of "fringe finance."

On August 30th, former Circle stablecoin vice president João Reginatto joined DeFi platform M^Zero as Chief Strategy Officer. Earlier, it was reported that M^Zero announced the completion of a $22.5 million seed round in April of this year, led by Pantera Capital.

Circle's CEO Jeremy Allaire announced on social media that the company's stablecoin, USDC, will launch natively on the Base network next week. This new version will replace the current USDbC, which users currently rely on as a substitute. The Base team previously allowed users to bridge USDC from Ethereum via an official bridge app, but the new native version will eventually do away with the need for a bridged coin backed by the Ethereum version. <br>

MiCA regulation of the European Union has attracted great attention as a milestone regulatory framework for the cryptocurrency industry. Aimed at comprehensively addressing the complexity of crypto assets, it has become the focus of discussion within the global cryptocurrency community. Patrick Hansen, the director of Circle, pointed out that utility tokens designed and used within specific networks are not bound by MiCA regulations. In addition, crypto asset products targeting less than 150 people in each EU member state or only qualified investors, with a total of less than 1 million euros within 12 months, are not within the scope of MiCA. Furthermore, non-transferable digital assets are not subject to the MiCA regulatory framework. It is worth noting that lending of crypto assets, including electronic currency tokens, is explicitly excluded from regulation. Cryptocurrency asset services provided in a "completely decentralized manner" are not subject to regulation. Similarly, crypto assets without identifiable issuers and lacking white papers are also not within the scope of MiCA.