MEXC On-chain Daily Report: Circle Mints 500 Million USDC on Solana

Updated: May 28, 2026, 9:30 (UTC+8) | Author: MEXC

1. Headlines

• Mastercard receives New York BitLicense approval

• SoFi launches dollar stablecoin SoFiUSD

• Circle mints an additional 500 million USDC on Solana

• DTCC plans to launch on-chain asset tokenization services

• Block’s Cash App to roll out stablecoin payment features in phases

2. Industry Updates

United Texas Bank Converts to National Bank Charter and Launches Crypto Payment Network

According to Odaily, Dallas-based United Texas Bank has converted from a Texas-chartered bank into a nationally chartered institution approved by the OCC, positioning itself as a bridge between global crypto firms and the U.S. banking system. The bank stated that it now holds the same federal permissions and Federal Reserve access capabilities as major money-center banks, while currently settling approximately $10 billion in monthly USD transaction volume for global crypto companies. The bank is also launching its 24/7 AI-driven payment network UTB Atomic and compliance platform UTB Prism Sentinel to support digital asset and stablecoin-related regulatory requirements.

Circle Partners With Nium to Integrate USDC Settlement Into Global Payment Network

According to PR Newswire, Circle Technology Services entered a strategic partnership with global real-time cross-border payments infrastructure provider Nium to integrate USDC settlement into a payment network spanning over 190 countries and more than 100 local currencies. Under the agreement, Nium officially joined the Circle Payment Network (CPN), allowing financial institutions to complete USDC on-chain settlement, FX conversion, and fund distribution through a unified access point. The system supports direct transfers to bank accounts, e-wallets, and payment cards while reducing foreign-exchange and prefunding costs for cross-border payments.

Blockworks and Coinbase Form Token Disclosure Alliance

According to CoinDesk, the Transparency Alliance initiated by Blockworks has officially launched with support from more than 40 crypto firms including Coinbase, Kraken, and Binance.US. The alliance aims to establish unified token-disclosure standards covering token issuance structures, insider holdings, market-maker arrangements, exchange-listing agreements, and buyback mechanisms, creating a disclosure framework similar to public equity markets. Projects including Morpho, Jupiter, Spark, and dYdX have already completed filings. Industry participants believe the initiative is intended to attract additional institutional capital into crypto markets.

Robinhood Launches AI Agent Trading and Automated Spending Features

According to Odaily, Robinhood introduced AI Agent functionality allowing users to delegate stock trading and credit-card spending decisions to AI systems. Users can integrate tools such as Anthropic Claude and Cursor into dedicated Robinhood accounts, enabling AI to manage stock trades, portfolio allocation, and spending tasks while maintaining user oversight through spending limits, approval systems, and real-time notifications. Robinhood stated that the current version supports stock trading only, with future expansion planned for options and crypto trading.

Jefferies Predicts Crypto IPO Boom Could Create $1 Trillion Market

According to CoinDesk, investment bank Jefferies stated that accelerating institutional adoption of blockchain financial infrastructure may trigger a new wave of crypto and blockchain IPOs over the next two years, potentially creating a $1 trillion public market within five years. The report noted that the industry focus is shifting from speculative trading toward full-scale blockchain integration across banking, exchanges, payments, and asset management institutions, with tokenization viewed as the primary driver of this structural transformation.

Streamex and Orca Launch On-Chain Trading System for Tokenized Securities

According to Odaily, tokenized commodities platform Streamex partnered with Solana-based decentralized exchange Orca to launch a tokenized asset trading marketplace enabling verified accredited investors to trade gold-backed token GLDY through regulated on-chain liquidity pools. The system integrates KYC and investor-verification processes directly on-chain, requiring wallets to complete compliance verification before trading access is granted. The companies stated that the platform will not act as a broker or intermediary during GLDY resale transactions, further advancing compliant on-chain securities trading use cases.

Cognition Raises $1 Billion at $26 Billion Valuation

According to Bloomberg, AI coding company Cognition completed a $1 billion funding round at a valuation of $26 billion, jointly led by Lux Capital, General Catalyst, and 8VC. The company focuses on AI-driven software engineering tools and is considered one of the leading participants in the AI coding sector. Market analysts stated that the financing once again demonstrates strong investor demand for AI-powered software-development automation, with AI infrastructure and productivity tools remaining among the hottest sectors in private markets.

Bitwise Launches Canton Exchange-Traded Product “BWCC”

According to GlobeNewswire, Bitwise Europe GmbH launched the Bitwise Canton ETP (BWCC), which has been listed on Deutsche Börse Xetra, Deutsche Börse’s electronic spot-trading platform. The product enables traditional brokerage accounts to gain direct exposure to Canton Network’s native token CC. Market participants believe that the growing availability of compliant investment products is further lowering barriers for institutional investors entering on-chain asset markets.

Falcon Finance and Anchorage Launch Compliant Stablecoin fUSD

According to Odaily, Falcon Finance and Anchorage Digital Bank jointly launched dollar-backed stablecoin fUSD, positioning it as an institutional-grade payment stablecoin aligned with the GENIUS Act framework. The stablecoin is issued by Anchorage Digital Bank and backed by reserve assets including U.S. Treasuries, while also integrating with Ceffu’s custody and collateral infrastructure. The project stated that fUSD will not directly pay yields to holders and will focus primarily on institutional payment and on-chain settlement use cases.

Alpha Compute Acquires Majority Stake in GAMEE for Approximately $11 Million

According to Odaily, Nasdaq-listed Alpha Compute completed the acquisition of a majority stake in gaming and digital rewards platform GAMEE, purchasing a 60% controlling interest for approximately $11 million. Following the acquisition, Alpha Compute will establish a dedicated AI gaming division named Alpha Games, led by GAMEE founder Bozena Rezab as Executive Vice President. The company plans to integrate GAMEE into its GPU computing and AI infrastructure ecosystem, further expanding into AI gaming and Web3 entertainment markets.

3. MEXC Market Heatmap

Data Source: MEXC real-time market data before 09:30 (UTC+8). Figures may fluctuate with market conditions.

Top 24H Gainers

• VIM/USDT (+283.80%)

• DEUS/USDT (+120.95%)

• RAIN/USDT (+11.77%)

Top 24H Trading Volume

• BTC/USDT (637.895M)

• ETH/USDT (275.070M)

• USDC/USDT (115.285M)

Top Trending Meme Tokens

• NOOK/USDT

• RICH/USDT

• KELLYCLAUDE/USDT

New Listing Preview

• WALLI/USDT — Listing Time: 2026-05-28 15:00:00 (UTC+8)

• CLAW/USDT — Listing Time: 2026-05-28 18:00:00 (UTC+8)

• ANVL/USDT — Listing Time: 2026-05-28 23:00:00 (UTC+8)

4. On-Chain Calendar

High-Risk Token Unlock Watchlist

• MemeCore/USDT — [06-03 03:45] Unlock: 178.54M USDT (4.32% of circulating supply) — Elevated sell pressure risk

• Rain/USDT — [06-11 06:45] Unlock: 380.16M USDT (10.57%) — Extremely high sell pressure risk

Key Macro Events Today

• May 28, 03:55 — Fed Official Cook Speech
  [May provide monetary-policy signals affecting USD strength and crypto-market liquidity expectations]

• May 28, 08:00 — Fed Official Jefferson Speech
  [May provide monetary-policy signals affecting USD strength and crypto-market liquidity expectations]

• May 28, 15:20 — ECB President Christine Lagarde Speech
  [May provide eurozone policy signals affecting EUR performance and global risk sentiment]

• May 28, 19:30 — ECB Monetary Policy Meeting Minutes
  [Reflects eurozone policy direction and influences market risk appetite]

• May 28, 20:30 — U.S. Core PCE Price Index Data
  [The Fed’s preferred inflation indicator affecting rate expectations and USD performance]

• May 28, 20:30 — U.S. Initial Jobless Claims Data
  [Reflects labor-market conditions and impacts Fed rate expectations and USD performance]

• May 28, 20:55 — Fed Official Williams Speech
  [May provide monetary-policy signals affecting USD strength and crypto-market liquidity expectations]

5. Risk Alert

Recently, scams involving “fake exchange login pages” and “counterfeit official app updates” have surged again across the crypto industry. Some attackers use search-engine advertisements, social-media comment sections, and group-chat links to distribute phishing websites designed to imitate legitimate exchange platforms, tricking users into entering account credentials, verification codes, and even 2FA information in order to steal exchange assets.

Meanwhile, scammers are also disguising malware applications as “official version upgrades” or “risk-account verification” notices, inducing users to download fake apps containing backdoor programs. Once users log in or authorize access, both exchange accounts and wallet assets may be transferred rapidly. Since some phishing pages closely resemble official interfaces, many users struggle to identify the fraud in time.

Users are advised to access exchanges and wallets only through verified official channels, avoid clicking unknown links, and never enter account credentials on unofficial websites. At the same time, users should enable two-factor authentication, fund passwords, and anti-phishing codes, while regularly reviewing device security and login records to reduce the risk of account theft and better protect digital assets.

MEXC Chain Observation Daily, updated daily at 09:30 am, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.

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Risk Warning: The content of this article is for reference only and does not constitute any investment advice. The cryptocurrency market is volatile, please make a cautious decision based on your own situation.