According to data from Circle website reported, from December 8th to December 14th, Circle issued about 1.9 billion USDC and redeemed about 1.8 billion USDC, with an increase in circulation of about 100 million. As of December 14th, the circulation of USDC was 24.4 billion, with reserve funds of about 24.5 billion US dollars.

According to WhaleAlert monitoring, at 18:54:11 Beijing time, 87,500,000 USDC was transferred from an unknown wallet to Binance.

Coinbase CEO Brian Armstrong has stated that the Coinbase wallet now has a simple mode focused on payments. For example, it can support sending USDC for free and instantly on Base globally. We will try to make it the default mode for emerging markets to make it easier for users to use. People can switch to advanced mode at any time.

According to Spot On Chain monitoring data, Whale 0x900 purchased 5,189 stETH with 11.55 million USDC at an average price of $2,226 in the past 1.5 hours. It is worth noting that the whale received stable coins from the address 0xd39, which is ultimately linked to Alex Amsel.

Whale Alert monitoring shows that at 4:42 AM on December 12th Beijing time, 50 million USDC were destroyed in the USDC Treasury, worth $50,039,999.

According to data from Circle's official website, Circle issued a total of 1.4 billion USDC and redeemed 1.5 billion USDC in the past seven days, reducing the circulation by 100 million. As of December 7th, the total circulation of USDC was 24.3 billion, with a reserve of 24.4 billion US dollars, including 1.7 billion US dollars in cash, and Circle Reserve Fund held 22.7 billion US dollars. In addition, Circle issued 200,000 EURC and redeemed 500,000 EURC in the past seven days, reducing the circulation by 300,000. As of December 7th, the total circulation of EURC was 51.1 million EURC, with a reserve of 51.2 million euros, all in cash.

Coinbase, a top US-based cryptocurrency exchange, has announced the launch of instant global transfers of the stablecoin USDC through social media apps. According to Coinbase, users of its crypto wallet can now send money across the world without the complexities of bank transfers. The money can be sent instantly anywhere in the world using popular social media platforms such as WhatsApp, Telegram, Facebook, iMessage, TikTok, Instagram, or even just an email. Coinbase Wallet is available in 130 countries, making remittances easier, and there are no fees associated with sending the USDC.

Sui, a Layer 1 blockchain created by the team behind Meta's Diem blockchain initiative, has surpassed $100 million in bridged USDC just seven months after its launch. This achievement solidifies Sui's position as one of the top DeFi protocols globally and follows its recent milestone of surpassing $175 million in Total Value Locked (TVL). The network's success can be attributed to its decentralized ecosystem and independent builders, with seven projects standing at over $10 million in TVL and 11 projects exceeding the $2 million mark. Sui has also made strategic moves to fortify the security and reliability of its ecosystem, including an ecosystem investment with leading Web3 security firms OtterSec and Zellic.

According to Spot On Chain monitoring, the whale address 0x192 has purchased 191.3 WBTC with 7.97 million USDC and USDT at an average price of $41,652 in the past 15 hours. It is worth noting that the whale address, which starts with 0x109, obtained its stablecoin from another whale address. Currently, the total profit estimated from WBTC obtained by this whale is $3.65 million. Currently, these two whales jointly hold 319.4 WBTC (worth $13.4 million) in two addresses.

According to @ai_9684xtpa monitoring, the big short seller of LINK has expanded its borrowing to 108,300 tokens with a health factor of 1.11. In the past 24 hours, the big short seller has added 280,000 USDC tokens to Aave and borrowed a total of 63,000 LINK tokens (worth $960,000). They then sold 53,000 tokens in batches on the chain and repaid 175 WETH tokens and 11.72 WBTC tokens borrowed earlier. Prior to this, on November 20, the short seller added 50,000 USDC tokens as collateral to Aave and borrowed 10,000 LINK tokens, and then continued to short LINK in a cycle by "selling LINK for stablecoins, adding collateral, and borrowing LINK."