LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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Circle news and analysis from LC Insight: 10 stories, newest first.

Markets

USDC shrank $361 million in a day as bitcoin fell below $70,000. USD1 lost 2%

The 20 biggest stablecoins lost $559 million in value in 24 hours, and Circle's USDC was most of it, CoinGecko data show. Tether's USDT barely moved this time, while a few smaller dollar tokens grew.

Markets

Sharks sold $584,000 of ARB in a day, nearly 4 to 1, as the token edged up 1.1%

Four days after shark wallets bought $850,000 of Arbitrum's token, the flow reversed. One wallet also sold tokenized Circle shares in the last hour.

AI & RWA

Sharks bought $3.08 million of tokenized SpaceX on Arbitrum. Its DEX pool traded $56,000

Two shark wallets kept buying rSPCX and rCRCL, tokens CoinGecko lists as tokenized SpaceX and Circle stock, even as both fell. Almost none of it went through the public pool.

AI & RWA

Circle and ACI want banks to settle in USDC on rails they already run. First: Colombia

ACI Worldwide, which built the core of Colombia's Bre-B instant payment system, will plug Circle's USDC into its payments platform for a Colombian pilot. The two companies gave no volumes, no bank names and no launch date.

Guides

How stolen crypto is traced and frozen, and why thieves dump stablecoins fast

Every blockchain transfer is public, so investigators can follow stolen funds hop by hop. Money can be stopped in two places: stablecoin issuers like Tether and Circle can freeze tokens on-chain, and exchanges can lock accounts when stolen funds arrive.

Guides

Stablecoins explained: USDT vs. USDC, the two coins that hold 87% of the market

Stablecoins are tokens built to stay worth $1, backed by reserves such as cash and short-term US government debt. As of November 2, 2026, Tether's USDT ($178.48 billion) and Circle's USDC ($70.68 billion) made up about 87% of a $285.89 billion market, per rwa.xyz.

AI & RWA

BlackRock's BUIDL slips to No. 3 as tokenized Treasuries shrink to $14.2 billion

BlackRock's on-chain fund held $2.08 billion on November 1, down 7.61% in a month, and now ranks behind Ondo's USDY and Circle's USYC. The whole tokenized Treasury market shrank 3.68%, but holder numbers keep rising.

DeFi

Circle earned $1.4 billion and kept about 7 cents per dollar. Where did the rest go?

Circle says 59% of its first-half 2026 revenue went to the exchanges and apps that distribute USDC. A September filing shows how one of those deals, with Binance, works.

Policy

USDC is the first of 45 EU stablecoins called 'significant.' What changes on November 12?

The European Banking Authority has classified Circle's USDC as a significant e-money token under MiCA, the first in the EU. From November 12, 2026, the EU banking watchdog takes direct charge of the reserves that back it.

Infrastructure

Circle's Arc is live with Visa and BlackRock as validators. Why mint 10 billion ARC?

Circle opened Arc, its own blockchain where every fee is paid in USDC, on September 16. It also minted 10 billion ARC tokens, yet says there is no promise of a public token launch.