We give you what you need to know about the new USDC stablecoin. We take a look at the tech, use cases and long term potential

Circle has announced it will support Avalanche (AVAX) for its USDC stablecoin. AVAX jumped 17% in response to the bullish news.

Axie Infinity sidechain Ronin Network has suffered a hack resulting in the loss of 173,600 Ethereum and 25 million USDC, currently worth about $625 million.

Coinbase, the biggest crypto exchange in the US, is planning on introducing a new set of tokens from the Solana (SOL) ecosystem.

The latest decentralized finance (DeFi) exploit has seen stablecoin protocol Beanstalk crash to zero while losing over $182 million in reserves.

CRO has been a best performer in November, gaining nearly 400% in less than a full month as investor optimism for the exchange reaches an all-time high.

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Even as cryptocurrency values continued heading lower in 2022, the value of the stablecoin market continued to increase dramatically.