Search
Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE
31.3.2024
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over...
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins
29.3.2024
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making...
Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion
27.3.2024
Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.
The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...
Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
27.3.2024
Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive...
Binance to Discontinue Support for USDC Stablecoin on Justin Sun’s Tron
25.3.2024
Binance will no longer facilitate deposits and withdrawals of the USD-pegged stablecoin USDC using the Tron blockchain network.
The post Binance to Discontinue Support for USDC Stablecoin on Justin Sun’s Tron appeared first on Cryptonews
Binance to Halt Tron USDC Trading Following Circle’s Move Away
25.3.2024
Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase out support entirely, aligning with efforts...
OpenOcean Partners with Chainlink for Secure Cross-Chain USDC Transfers
22.3.2024
OpenOcean links up with Chainlink CCIP to utilize CCIP’s simplified token transfer abilities for initiating cross-chain shifting of USDC. These are utilized as intermediaries to pave the way for off-chain swaps. Incidentally, CCIP is the benchmark for safe cross-chain interoperability throughout...
Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
20.3.2024
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the latest threshold. Stablecoin Market Value Tops $150...
Migration of Native USDC on Polygon PoS is Now in Its First Phase
19.3.2024
As a consequence of the community’s feedback, native USDC went live on Polygon PoS in October 2023. It was hypothesized that adopting a conventional approach would result in increased user exposure and efficient capital utilization. USDC.e, an abbreviation for “Bridged USDC from...
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
15.3.2024
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376%...
Stage 1 Raffle Coin (RAFF) sets new records as limited supply presale sees USD Coin (USDC) & Ripple (XRP) holders scramble to buy early
10.3.2024
Stage 1 of the Raffle Coin (RAFF) presale has ignited a wave of excitement in the cryptocurrency market, setting new records and attracting the attention of investors worldwide. As the limited supply presale progresses, cryptocurrency enthusiasts, including USD Coin (USDC) and Ripple (XRP) holders...
Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card
7.3.2024
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency
Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency
7.3.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13
Vitalik Buterin’s Recent Ethereum Transaction Raises Eyebrows
5.3.2024
A recent transaction by Ethereum co-founder Vitalik Buterin has garnered attention from the crypto community. According to PeckShieldAlert, the wallet address is under Vitalik.eth sent 30 ETH to Railgun and exchanged around 27.63 ETH for 100,000 USDC.
The post Vitalik Buterin’s Recent...
Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%
3.3.2024
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth...
Crypto Exchanges in Nigeria Cease Naira Purchases of USDT and USDC Amid Central Bank Scrutiny: Report
28.2.2024
Several crypto companies in Nigeria have made the decision to disallow users from buying the USDT and USDC stablecoins with Naira in light of renewed scrutiny from the Central Bank of Nigeria (CBN).
The post Crypto Exchanges in Nigeria Cease Naira Purchases of USDT and USDC Amid Central Bank...
Coincheck Partners with Circle; USDC’s First Japan Listing Close?
28.2.2024
Circle, USDC’s issuer, has struck a partnership deal with Coincheck, one of Japan’s biggest crypto exchanges – with a view to securing the stablecoin’s first listing in the nation.
The post Coincheck Partners with Circle; USDC’s First Japan Listing Close? appeared first on Cryptonews
Stablecoin USDC Is Making a Comeback: Coinbase
27.2.2024
Total market cap of the dollar-linked coin has increased faster than larger rival USDT's in recent months
USDC Grows In Non-US Markets as Market Cap Taps $28 Billion
27.2.2024
The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments.
The post USDC Grows In Non-US Markets as Market Cap Taps $28 Billion appeared first on Cryptonews
Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts
26.2.2024
Stablecoin issuer Circle and South Korean NFT-driven metaverse ‘Overdare’ are teaming up to allow game developers to build in-game Web3 wallets within the platform.
The post Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts appeared first on Cryptonews