Circle acquired USYC issuer Hashnote for a total market capitalization of $1.30 billion. Circle also announced an agreement with DRW-owned cryptocurrency trading firm and market maker Cumberland to provide liquidity and facilitate settlement for USDC and USYC. The partnership aims to expand USYC as a form of collateral for exchanges and custody platforms.
CoinGecko data shows that the total market capitalization of cryptocurrencies reached $2.16 trillion, 24H fell by 1.6%. In addition, BTC has a market share of 53.4%, ETH has a market share of 14.5%, and Ethereum gas fee is 0.99gwe.