Bitwise PAPY vault joins Circle's Arc for USDC lending
USDC (USDC)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Bitwise has brought its PAPY vault to Circle’s Arc to facilitate USDC-based RWA lending. This move could enhance DeFi's appeal by offering diversified RWA lending, potentially boosting market liquidity. The post originally appeared on Crypto Briefing.
How the market reacted
Whalio's own Binance spot order flow for USDC, measured when this story was written up on 5 October 2026. Not the outlet's figures.
USDC is trading at $1.00 with a 1-hour buy ratio of 54.0% and a 4-hour ratio of 53.2%, both sitting above the 24-hour level of 49.8%. This indicates that short-term buying pressure is building relative to the longer daily trend. Volume deltas show +$12,796,131 over the last hour and +$26,767,030 over four hours, suggesting active accumulation in the immediate term. However, the 24-hour volume delta is -$4,110,749, meaning net selling has outweighed buying over the full day. The cumulative volume delta (CVD) for the 24-hour close is +$17,387,810, reflecting that total bought volume exceeded sold volume for the period.
The latest daily buy ratio of 50.2% sits at the 73rd percentile of the last 322 days, against a median of 48.4% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for USDC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.4%, making today's 24-hour ratio of 49.8% slightly higher by 1.4 points. Spot volume for the 24-hour period was $824,550,090, which is 0.28x the average daily volume, indicating significantly lower trading activity than usual. While there was net buying today, the 8-day volume delta total was -$643,899,716, showing a broader trend of net outflows. Only one of the past seven days saw net buying, highlighting that this is an unusual day for accumulation. The price has remained stable with a 0.0% change over eight days.