According to @1HowardWu, Circle has partnered with privacy blockchain Aleo to launch USDCx, a privacy-enhanced and compliant stablecoin for crypto markets, source: @1HowardWu on X, Dec 10, 2025. Howard Wu said USDCx will enable hidden transaction records and asset flows to provide bank-level privacy for institutional settlements and large-value transactions, source: @1HowardWu on X, Dec 10, 2025. Fortune separately reported the Circle-Aleo collaboration and identified the product as USDCx, corroborating the announcement, source: Fortune, Dec 9, 2025. The stated design targets compliant institutional use cases where confidentiality of transaction data is required while transacting in a dollar stablecoin, source: @1HowardWu on X, Dec 10, 2025.

According to @CoinMarketCap, Circle has launched USDCx on the Aleo testnet, describing it as a privacy-focused version of USDC that offers bank-level privacy for transactions while maintaining compliance records for regulators. Source: CoinMarketCap on X, Dec 10, 2025. The post specifies this is a testnet release, indicating USDCx is not yet live for production mainnet transactions. Source: CoinMarketCap on X, Dec 10, 2025. No timeline, exchange support, or liquidity details are provided in the post, so immediate trading utility or market impact is not indicated by the announcement itself. Source: CoinMarketCap on X, Dec 10, 2025. For traders tracking stablecoin infrastructure, the key actionable takeaway from the post is the introduction of a compliance-preserving privacy design on Aleo, with any deployment to mainnet or venues unmentioned in the source. Source: CoinMarketCap on X, Dec 10, 2025.

According to @lookonchain, Circle minted another 500M USDC on Solana, with the transaction visible on Solscan for account 7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE (source: @lookonchain; source: Solscan). @lookonchain also reports that cumulative USDC minted since the Oct 11 market crash has reached 15B, based on Solscan-tracked mint activity (source: @lookonchain; source: Solscan). Circle documentation states that USDC minting creates new tokens against customer deposits, so recorded mint events indicate fresh issuance that traders monitor when assessing stablecoin supply and liquidity conditions (source: Circle documentation; source: @lookonchain).

According to @lookonchain, Circle minted another 500M USDC, bringing total USDC minted over the past month to 10B, based on blockchain tracking disclosures by the account source: https://twitter.com/lookonchain/status/1996952293938254236. Solana on-chain data shows a 500,000,000 USDC mint event linked to account 7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE, confirming the transaction on Solana source: https://solscan.io/account/7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE#transfers. USDC is native on Solana and is minted and redeemed 1:1 for US dollars, so new mints increase circulating supply until redeemed, expanding the available stablecoin float used across trading pairs and DeFi pools source: https://www.circle.com/en/usdc https://www.circle.com/en/multi-chain-usdc.

According to @OnchainLens, Tether minted $1B USDT on Tron within the past 10 hours. Source: @OnchainLens. According to @OnchainLens, Circle minted $500M USDC on Solana in the same 10-hour window. Source: @OnchainLens. According to @OnchainLens, since the 10/11 crash, Tether and Circle have collectively minted $20.5B across USDT and USDC. Source: @OnchainLens.

According to @lookonchain, Tether minted 1B USDT, flagged via Arkham Intelligence entity tracking, source: @lookonchain on X; Arkham Intelligence. According to @lookonchain, Tether and Circle have minted a combined $20B in stablecoins since the 1011 market crash, source: @lookonchain on X.

According to @lookonchain, Circle minted an additional $750M in USDC, and combined stablecoin issuance by Tether and Circle has reached $19B since the 1011 market crash (source: Lookonchain on X). @lookonchain attributes these figures to on-chain minting activity it tracks and did not include exchange inflow, reserve, or price-impact metrics in this update, indicating this post is a mint-size data point (source: Lookonchain on X).

According to @CoinMarketCap, Bitcoin surged to nearly $93,000 on Friday, triggering a broad rally in crypto-exposed stocks, per @CoinMarketCap. Top gainers included Bitcoin miner CleanSpark up 12.3%, USDC issuer Circle up 10%, and BTC treasury firm Metaplanet up 9.5%, per @CoinMarketCap.

According to @lookonchain, Circle minted another 500M USDC, highlighting fresh stablecoin supply entering the market (source: @lookonchain on X, Nov 29, 2025). According to @lookonchain, combined stablecoin issuance by Tether and Circle has reached $18.25B since the 1011 market crash (source: @lookonchain on X, Nov 29, 2025).

According to @OnchainLens, Circle minted $1B USDC on Solana in the past 24 hours and $12.25B since Oct 11 (source: @OnchainLens). This $1B equals about 8.2% of the cumulative mints since Oct 11 and is roughly 4 times the 49 day average pace of about $250M per day, based on the same dataset (source: @OnchainLens). The accelerated minting signals a short term increase in available USDC on Solana; traders can monitor SOL/USDC market depth, DEX liquidity, and spreads to gauge deployment speed (source: @OnchainLens).

According to @lookonchain, Circle minted another 500M USDC, and combined Tether and Circle have minted $17.75B in stablecoins since the 1011 market crash. Source: x.com/lookonchain/status/1994413969529012290; x.com/lookonchain/status/1994021531597590999 For trading, rising USDC and USDT float is commonly tracked as a liquidity proxy that can affect execution depth and settlement capacity in BTC and ETH markets. Source: Binance Research Stablecoins report

According to @binance, users can pay with Circle USDC via Binance Pay during Black Friday with instant payments and zero gas fees (source: Binance on X, Nov 28, 2025). According to @binance, the official entry point is pay.binance.com for USDC checkout on Binance Pay with instant settlement and no gas charges at payment (source: Binance on X, Nov 28, 2025).

According to @lookonchain, Circle minted 1.25B USDC today, source: @lookonchain on X. The mint is visible on-chain via Solscan at solscan.io/account/7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE, source: Solscan. @lookonchain adds that Tether and Circle have minted a combined $17.25B in stablecoins since the 10/11 market crash, source: @lookonchain on X.

According to @lookonchain, pump.fun deposited 75M USDC into Kraken about 11 hours before 69.27M USDC flowed from Kraken to Circle, indicating another $75M cash out tracked on-chain. Source: Lookonchain on X, Nov 27, 2025. Transfers from exchanges to Circle typically correspond to USDC redemption that removes tokens from circulation and settles USD to bank accounts, signaling an off-ramp to fiat. Source: Circle, USDC redemption and settlement documentation. Historically, large USDC redemptions have coincided with thinner market depth on exchanges, a dynamic traders monitor when assessing stablecoin liquidity conditions. Source: Kaiko Research, Stablecoin Liquidity and Market Depth (2023).

According to @OnchainLens, Circle minted $500M USDC on the Solana network, bringing total USDC minted since 10/11 to $10B (source: @OnchainLens). According to Circle, USDC is issued and redeemed by Circle, so the reported mints increase gross Solana-based USDC available on-chain for transfers, trading, and DeFi settlement (sources: Circle; @OnchainLens).

According to @lookonchain, pump.fun has deposited 436.5M USDC into Kraken since Oct 15, indicating at least 436.5M USDC cashed out. Source: x.com/lookonchain/status/1992792570808897822 According to @lookonchain, 537.6M USDC moved from Kraken to Circle via wallet DTQK7G during the same period. Sources: x.com/lookonchain/status/1992792570808897822 intel.arkm.com/explorer/address/DTQK7GVk1MCSsLroZE3dbcj4htbLjqajE3XwzYQeJrah According to @lookonchain, between May 19, 2024 and Aug 12, 2025, pump.fun sold 4.19M SOL totaling 757M USD at an average price of 181 USD. Sources: x.com/lookonchain/status/1992792570808897822 intel.arkm.com/explorer/entity/pump-fun According to @lookonchain, of that total, 264,373 SOL was sold on-chain for 41.64M USD, while 3.93M SOL worth 715.5M USD was deposited into Kraken. Source: x.com/lookonchain/status/1992792570808897822

According to @EmberCN, over the past week pump.fun wallets transferred 405 million USDC into Kraken, while 466 million USDC moved from Kraken to Circle, which the author characterizes as a fiat off-ramp signal, source: @EmberCN. According to @EmberCN, the funds are proceeds from pump.fun’s June private sale of PUMP to institutions, source: @EmberCN. For trading context, large exchange flows have historically correlated with short-term crypto market volatility, making such treasury movements relevant for risk management, source: Glassnode. USDC redemptions through Circle indicate stablecoin off-ramping to fiat per the issuer’s redemption mechanics, source: Circle.

According to the source, Cathie Wood’s investment firm continued to buy the dip in crypto-related equities on Nov 21, 2025. Source: original post dated Nov 21, 2025. The firm added shares in Coinbase, BitMine, and Circle. Source: original post dated Nov 21, 2025.

According to Lookonchain, Circle minted another 500M USDC on Nov 20, 2025, source: Lookonchain on X. According to Lookonchain, Tether and Circle have minted a combined $15B in stablecoins since the 10/11 market crash, source: Lookonchain on X. According to Glassnode's Stablecoin Supply Ratio framework, increases in stablecoin supply historically represent greater sideline purchasing power that can be deployed into BTC and ETH, source: Glassnode. According to Kaiko Research, growth in stablecoin market capitalization is associated with higher spot volumes and tighter spreads on centralized exchanges, so traders often monitor USDT and USDC exchange inflows, market depth, and funding rates to gauge whether this minting translates into buy-side liquidity, source: Kaiko Research.

According to Lookonchain, Circle minted an additional $1 billion USDC today, with the mint activity visible on Solana at account 7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE. Source: https://x.com/lookonchain/status/1989360186960867351 and https://solscan.io/account/7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE According to Lookonchain, combined stablecoin issuance by Tether and Circle has reached $13.25 billion since the 10/11 market crash. Source: https://x.com/lookonchain/status/1989360186960867351