Matthew Sigel, head of digital asset research at VanEck Associates, said he is unsure if Circle will conduct an IPO until USDC's market share stabilizes. Earlier, Golden Finance reported that Circle Internet, a stablecoin issuer, is considering an IPO in 2024. Insiders revealed that the company is in discussions with advisors and preparing for a potential initial public offering, but the deliberations are still ongoing.

According to Coingecko data, the current market value of Solana has reached about 24.17 billion US dollars, surpassing USDC, and currently ranks sixth in the cryptocurrency market value rankings, second only to Bitcoin, Ethereum, Tether, BNB and XRP. At the time of writing this article, SOL was temporarily reported at 57.57 US dollars, with a 30-day increase of 163.1%.

According to Whale Alert monitoring, at 11:52 PM on November 13th Beijing time, USDC Treasury destroyed 55 million USDC tokens ($54,978,000).

Solana lending protocol Solend announced on X platform that some updates to the main pool will take effect today: - The LTV of USDC and USDT will be updated from 65% to 70%; - The effective LTV of LST will be updated to 55%; - The borrowing initiation fee for SOL will be temporarily reduced to 1 basis point for 24 hours (with a cap of 200,000).

According to data from the Circle official website , Circle issued a total of 1.3 billion USDC in the past 7 days, redeemed 1.6 billion USDC, and reduced the circulation by 300 million USDC. As of November 9th, the total circulation of USDC was 24.1 billion, with a reserve of 24.2 billion US dollars, including 1.3 billion US dollars in cash, and the Circle Reserve Fund held 22.9 billion US dollars.

Clearpool, an investment portfolio under HashKey Capital, announced that the crypto market maker Wincent Investment Fund has launched a new USDC borrowing pool on its decentralized lending market based on the Optimism mainnet. Data shows that the current liquidity pool size has reached 12,163.41 USDC. It is reported that Wincent is a creditor of the bankrupt crypto exchange FTX and also a member of the FTX unsecured creditors committee.

Scam Sniffer on X platform stated that about 56 minutes ago, an address lost USDC worth $190,000 due to phishing scams, and the victim's tokens were stolen by the scammer by approving the ERC20 Permit message.

On November 7th, Moonbeam Network announced on X platform that native USDC can now be used on Moonbeam and can be transferred from Polkadot Asset Hub to the network through Moonbeam DApp.

According to data from the Circle official website, Golden Finance reported that Circle issued a total of 1.2 billion USDC and redeemed 1.8 billion USDC in the past seven days, reducing the circulation by 600 million USDC. As of November 2nd, the total circulation of USDC was 24.4 billion, with a reserve of 24.5 billion US dollars, including 1 billion US dollars in cash, and the Circle Reserve Fund held 23.5 billion US dollars.

According to Scopescan monitoring, Wintermute related address exchanged about 320,000 LINK for 3.61 million USDC on Uniswap 2 hours ago.