Circle has launched a new cross-chain USDC payment mechanism for high-frequency settlements, utilizing the Cross-Chain Transfer Protocol to pre-fund transfers and enable batch settlements, thereby minimizing operational overhead and reducing burn operations.

Brix, a tokenization startup, raised $5.5 million from notable investors including Yapi Kredi's venture arm. It aims to launch on the MegaETH network, bringing traditional trading strategies like Turkish lira arbitrage to the blockchain.

Gate News message, April 15 — Stablecoin issuer Circle minted 750 million USDC on the Solana blockchain in the past 24 hours.

Gate News: According to the latest Gate TradFi data, CRCL (Circle Internet Group Inc) has surged by 10% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News update: On April 14, after the U.S. stock market closed, the Dow Jones rose 0.63%, the S&P 500 Index rose 1.02%, and the Nasdaq rose 1.23%. The crypto sector moved higher across the board—Circle rose 12.09%, Solana rose 7.41%, a certain CEX rose 3.98%, Strategy (MSTR) rose 2.89%, SharpLink rose 2.76%, and Bitmine rose 1.08%.

Solana co-founder toly noted that the industry needs a stablecoin that can only be frozen under a court order, opposing other freeze factors. He suggested that the protocol issue a stablecoin with custom freeze strategies on the base layer and strengthen security measures. This view stems from a recent response by Circle to the Drift protocol hack incident, sparking discussions about centralized stablecoins.

Gate News: According to the latest Gate TradFi data, CRCL (Circle Internet Group Inc) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Circle CEO Jeremy Allaire addressed criticism at a news conference regarding the previously unfrozen stolen USDC, emphasizing that the company will only freeze wallets under law enforcement instructions. In addition, he said Circle is in communication with U.S. lawmakers, hoping to establish a “safe harbor” mechanism for stablecoin issuers.

Circle signed a memorandum of understanding with Dunamu, the South Korean CEX operator, to cooperate in advancing the stablecoin and digital asset sectors, jointly improving market participants’ information access capabilities, and promoting trust in and the healthy development of South Korea’s digital asset ecosystem.

Circle has released a cross-chain interoperability infrastructure roadmap. Since CCTP launched in April 2023, it has processed over $110B in USDC transfers and supports 20 blockchains. In the future, it plans to expand to other assets and launch multiple innovative products to simplify cross-chain workflows.