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Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume


In the stablecoin market, Circle's USDC stablecoin made history by outpacing Tether's USDT in terms of transaction volume. This was based on information made public by Visa on April 29 as a result of their collaboration with Allium Labs. The post Circle’s USDC Stablecoin Surpasses Tether’s USDT...

Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability


Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.  The post Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability appeared first...

Circle deploys USDC smart contract for BlackRock’s BUIDL Fund


Circle, a leading fintech company and issuer of the USDC stablecoin has announced the deployment of a specialized smart contract tailored to investors in BlackRock’s BUIDL Fund. This innovative, intelligent contract solution aims to streamline and automate the transfer process for investors...

Circle highlights plans to bring apps on Solana for Web3 services


Circle has announced that it is planning to bring applications on Solana for Web3 services. The objective is to bank on stablecoins and make them accessible to everyone across the globe. It is based on the fundamental principle that a portion of the population has not yet been tapped. USDC...

Binance to Halt Tron USDC Trading Following Circle’s Move Away


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...

Coincheck Partners with Circle; USDC’s First Japan Listing Close?


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

USDC Grows In Non-US Markets as Market Cap Taps $28 Billion


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

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