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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
Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing
15.2.2024
Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...
Circle to Issue Its Stablecoin USDC on Celo Network to Boost RWA Capabilities
30.1.2024
Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets
Circle to Launch USDC Natively On Celo + More Crypto News
30.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Circle to Launch USDC Natively On Celo Stablecoin Development Gathers Pace PDX to Release Beta Version of Banking and Payments Product __________...
K33 Research Note Claims Cardano Network Lacks Meaningful Use, Native Token Value at Risk
19.1.2024
The latest K33 Research note asserts that the Cardano network has no meaningful use and this does not augur well for its native token. The note concludes that nothing is happening on the network except “exchange transfers and a group of bagholders fabricating blockchain activity.”...
Circle Report Shows USDC Navigating Challenging Waters in 2023
17.1.2024
Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading. A Resilient Year for USDC Amidst Market Shifts Circle, the issuer of the USD Coin...
Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers
16.1.2024
The integration allows developers to build cross-chain use cases via Chainlink's CCIP that involve multichain transfers of Circle's USDC stablecoin
Circle Reports Surge in Remittances Through USDC Stablecoin in Asia
15.1.2024
Circle, a crypto issuer, reported a significant increase in remittances flowing through Asia via its USDC stablecoin. USDC is a cryptocurrency pegged to the value of the U.S. dollar and is backed by liquid cash and cash-equivalent assets. It has settled over $12 trillion in blockchain transactions...
Coinbase Partners With Yellow Card to Expand Access to Its Products in 20 African Countries
13.1.2024
The leading crypto exchange Coinbase has said it will expand access to its products to 20 African countries. Coinbase also claimed that its partnership arrangement with the Africa-focused crypto exchange Yellow Card can help increase financial freedom in countries where it is lacking. Increasing...
Coinbase Expands in Singapore: Launches USD Transfers via SWIFT – Crypto Adoption on the Rise?
19.12.2023
Source: Adobe / VideoFlow The major US-based crypto exchange Coinbase has announced the availability of USD transfers for its retail customers in Singapore, according to an announcement. Now, users in Singapore can seamlessly transfer US dollars (USD) to and from their Coinbase accounts using...
Circle Launches EURC Stablecoin on Solana, Expanding Euro Access in the Crypto Space
19.12.2023
Expanding the global reach of euro-based stablecoins, Circle has debuted its EURC token on the Solana blockchain, offering a fully reserved, euro-backed digital asset. Circle Expands its Stablecoin Portfolio With EURC Launch on Solana, Boosting Euro Integration in Digital Finance Circle, a leading...
Report: Stablecoin Giant Circle Eyes 2024 Public Listing
9.11.2023
According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer...
Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers
5.9.2023
Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to explore streamlining settlement in the Circle-issued...
Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute
16.6.2023
On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
29.3.2023
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation
Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain
29.3.2023
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than...
Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future
15.3.2023
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows
Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos
14.3.2023
The price increase of LQTY comes amid heightened interest in stablecoins following the depegging of USD Coin and the shutdown of several crypto-friendly banks
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits
13.3.2023
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount...