Invest ideas
SX Network Bridged USDC (SX Network) | USDC
$0.9992
Coin info
Rank
#16938
Market Cap
$119,103
Volume (24h)
$16,466.21
Circulating Supply
118,936.44
Total Supply
118,936.44
Do you think the price will rise or fall?
Rise 40%
Fall 60%
Price perfomance
Depth of Market
Depth +2%
Depth -2%
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News
See more10 Jun 2026, 07:52
Coinbase handles $1 trillion in stablecoin transfers yearly
🚨 Coinbase moves $1 trillion in stablecoin transfers each year. 💡 The new Coinbase Payments service streamlines international transfers for businesses using stablecoins like $USDC. 🌍 Coinbase’s global licensing lets companies skip local compliance hurdles in 80+ countries. Continue Reading: Coinbase handles $1 trillion in stablecoin transfers yearly The post Coinbase handles $1 trillion in stablecoin transfers yearly appeared first on COINTURK NEWS .
10 Jun 2026, 04:30
Masspay Expands Circle Integration With USDC Payouts, Giving Firms New Treasury Options
Masspay has expanded its integration with Circle’s Managed Payments service to allow businesses to facilitate stablecoin payouts and treasury operations without the complexity of direct digital asset management. Abstracting Blockchain Complexity Global payouts platform Masspay has expanded its integration with Circle Payments Network’s Managed Payments service, enabling businesses to fund and make payments using stablecoins
9 Jun 2026, 20:19
'Every Major Bank Is Going To Launch A Stablecoin'—Spark Taps BitGo
Spark, DeFi's third-largest stablecoin issuer, is integrating its savings product into BitGo, letting the custodian's clients earn yield on idle USDC and USDT.
9 Jun 2026, 16:55
Whale Moves $211 Million in USDC to Coinbase: What It Signals for the Market
BitcoinWorld Whale Moves $211 Million in USDC to Coinbase: What It Signals for the Market A cryptocurrency whale has transferred over 211 million USDC — worth approximately $211 million — from an unidentified wallet to the Coinbase exchange, according to data from Whale Alert, a blockchain transaction tracking service. The transfer, recorded on February 13, 2025, is among the largest single stablecoin movements to a centralized exchange in recent weeks. Details of the Transaction Whale Alert flagged the transaction at 14:32 UTC, noting that the funds originated from a wallet with no known public association. The destination address is linked to Coinbase, one of the largest cryptocurrency exchanges by trading volume. USDC, a stablecoin pegged 1:1 to the U.S. dollar, is commonly used for large-scale transfers due to its price stability and liquidity. Blockchain data confirms the transaction was completed in a single block with minimal fees, suggesting the sender prioritized speed over cost efficiency. The wallet receiving the funds shows no immediate outflows, indicating the whale may be preparing for a large trade or institutional settlement. Market Context and Implications Large stablecoin deposits to exchanges often precede significant trading activity. While not inherently bearish or bullish, such movements can signal an intent to purchase other cryptocurrencies or to exit positions. In this case, the transfer to Coinbase — a platform widely used by both retail and institutional investors — suggests the whale may be positioning for a major market move. Analysts note that USDC inflows of this magnitude can also indicate over-the-counter (OTC) trade settlements or custodial transfers between institutional accounts. Without additional on-chain data linking the sending wallet to a known entity, the exact purpose remains speculative. Impact on Stablecoin Flows The transfer comes amid a broader trend of increased stablecoin activity. According to data from Glassnode, total USDC supply on exchanges has risen by 4.2% over the past week, reflecting growing liquidity. However, individual whale movements of this size are relatively rare and often draw attention from traders monitoring large wallet activity. Coinbase has not publicly commented on the transaction. The exchange typically does not disclose individual user activity unless required by regulatory obligations. Conclusion The $211 million USDC transfer to Coinbase represents a notable whale movement that market participants will watch closely for follow-on activity. While the intent is unknown, the scale of the transaction underscores the continued role of stablecoins in facilitating large cryptocurrency trades. Readers should monitor Coinbase wallets and exchange flow data for potential signals of market direction in the coming days. FAQs Q1: What is Whale Alert? Whale Alert is a blockchain analytics service that tracks and reports large cryptocurrency transactions in real time. It monitors major blockchains including Bitcoin, Ethereum, and various stablecoins like USDC. Q2: Why do whales move large amounts of USDC to exchanges? Large stablecoin deposits to exchanges often indicate preparation for trading activity, such as buying other cryptocurrencies, or for institutional purposes like OTC settlements or custodial transfers. The exact reason varies by case. Q3: Does this transfer affect the price of USDC? No. USDC is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar. Large transfers do not affect its price, but they can signal potential volatility in other cryptocurrencies if the whale intends to trade. This post Whale Moves $211 Million in USDC to Coinbase: What It Signals for the Market first appeared on BitcoinWorld .
