Workflow
XDC Network
icon
Search documents
USDC Is Being Used for More Than Trading, and Bybit Is Expanding Support on XDC
Yahoo Finance· 2025-12-25 10:59
Core Insights - The article emphasizes the growing importance of convenience and predictability in stablecoin transfers, particularly as they become integral to everyday financial activities [1][4][7] Company Developments - Bybit is enhancing its platform by introducing USDC transfers on the XDC Network, waiving withdrawal fees on XDC for a limited time, and offering a reward pool for new users [2][8] - Other exchanges like BTSE, KuCoin, and Gate.io are also expanding support for XDC, indicating a trend towards more reliable settlement networks [10][11] Industry Trends - The volatility of transfer fees has become a significant concern, with costs for stablecoin transfers fluctuating based on network conditions, impacting users' ability to plan routine payments [5][6] - As stablecoins are increasingly used for payments and business transfers, the infrastructure supporting these transactions must be reliable and cost-effective [12][19] - The XDC Network is positioned as a practical solution for stablecoin transfers, offering quick and low-cost transactions, which is essential for businesses and institutions [14][17] User Behavior - Users are shifting their focus from access to the functionality of stablecoin transfers, prioritizing speed and cost-effectiveness [3][4] - The rising issuance of USDC on XDC, surpassing $200 million, reflects a transition from experimental use to regular activity among users [15] Regulatory Context - Legislative proposals like the GENIUS Act aim to establish clearer rules for stablecoin usage, which could further influence user expectations and behaviors regarding transfers [12][13]
Huge XDC News Update | T1 Listing, DeFi Expansion, Price Chart & More!
Over the last couple days, we have been watching a few altcoin charts really, you know, just kind of timing out some solid buy opportunities. And XDC has been one that's been in a downtrend formation, hitting a a major demand zone, and we've been waiting for the impulse to move off of that demand zone. We've been watching these charts closely.Now, the biggest thing about XDC on these lows after it hit that 10-cent level and went into the downtrend is that now with a reversal in mind, what could that look li ...