China News by Thebittimes.Com

USDC, the fully reserved stablecoin issued by Circle, is now live on the XDC Network (XDC), alongside Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2), according to announcements shared on September 17. The launch enables developers, institutions, and enterprises using the XDC Mainnet to access the world’s largest regulated stablecoin and take advantage of its liquidity for applications such as tokenized trade finance, real-world asset (RWA) tokenization, and enterprise payments. USDC is now LIVE on the XDC Network@USDC , a fully reserved and regulated stablecoin, is now natively supported on XDC. This integration brings powerful advantages: – Near instant settlement at low cost – Enhanced liquidity for DeFi protocols and XDC-based applications -… pic.twitter.com/3WADrKUyqt — XDC Network (@XDCNetwork) September 17, 2025 Expanding stablecoin access on XDC USDC operates with 1:1 capital efficiency and is used globally for payments, settlements, ...

Crypto exchange Coinbase is dropping out of Turkey’s crypto market and liquidating its Turkish operation after withdrawing its application with the country’s financial regulator.   Türkiye Today reported that the country’s Capital Markets Board updated its company liquidation list last week. It noted that Coinbase had withdrawn its three-month-old pre-application and filed for liquidation.  When asked to comment on the withdrawal, Coinbase told Protos it, “Continually assesses potential markets for expansion,” and that it “remains adaptive to evolving market conditions, regulatory landscapes, and our internal priorities.” CHART: How bitcoin and crypto are taxed across the G7 Read more: Coinbase to delist WBTC months after Justin Sun controversy A total of 14 companies have reportedly filed for liquidation and 77 firms are going through the application process . Some crypto companies that have applied include Binance, Kucoi, and OKX. Oddly enou...

Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe’s payment services and the stablecoin USDC. Stripe’s payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project. Circle chief executive Jeremy Allaire says the new development is part of the stablecoin company’s efforts to scale USDC. “USDC + CCTP + Aptos = high-performance, very powerful programmable money infrastructure. Excited for the upcoming launch!” Stripe reemerged in the crypto sector last month when it rolled out support for USDC settlements. The payments giant previously enabled payments made using Bitcoin (BTC) until 2018, when the firm discontinued its support, citing BTC’s lack of utility as a payments rail. Aptos’ native token, APT, is trading at $11.98 at time of writing. The 27th-ranked crypto asset by market cap is down nearly 1% in the past 24 hours bu...