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USDC Stablecoin Issuer Centre Hires 2 Executives to Oversee Regulation, Operations
12.4.2022
The issuer of the second-biggest stablecoin has hired two new executives to oversee policy and operations
USDC Issuer Circle Raises $400M
12.4.2022
The firm raised $440 million last May
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
11.4.2022
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased...
When Bitcoin Meets Inflation
8.4.2022
Alice Liu, Senior Associate, Cryptocurrency Investments at exchange-traded fund and exchange-traded product sponsor WisdomTree.
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Read More: When Bitcoin Meets Inflation
Circle Enlists FIS, Crypto.com for Merchant Payments Settled in USDC
6.4.2022
The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.”
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price 'manipulation' accusations
4.4.2022
Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline
TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards From Stablecoin Pool Incentive Program
3.4.2022
PRESS RELEASE. Singapore, Singapore / April 4th / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity...
Circle Chooses BNY Mellon to Custody USDC Reserves
1.4.2022
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....
Circle selects BNY Mellon as custodian for USDC reserves
31.3.2022
The firm previously said its reserves would be in cash and treasuries
BNY Mellon to Custody Assets Backing Circle's USDC Stablecoin
31.3.2022
The relationship likely carries publicity upside for both financial brands
Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators
29.3.2022
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge...
Sentiment Improves as Bitcoin, Ethereum Jump into Positive Territory
28.3.2022
Sentiment in the crypto market improved markedly over the past week, with the 7-day sentscores of both of the two largest cryptoassets now back in positive territory, according to the market sentiment analysis service Omenics.
With the average 7-day sentscore for the 10 major coins tracked...
‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation
24.3.2022
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
Crypto Market Sentiment Drops; BTC and USDC on Top, WAVES Sees Biggest Jump
14.3.2022
Sentiment among traders and investors in the crypto market saw a slight drop this week, with volatile and ‘choppy’ markets in recent days and weeks frustrating traders who are looking for clear trends.
According to data from the market sentiment analysis service Omenics, the average 7-day...
Kraken to Distribute USD 10M to Ukrainian Clients, Total Donations 'Close to USD 100M'
10.3.2022
United States-based crypto exchange Kraken has announced an "ambitious aid package" aiming to distribute USD 10m in bitcoin (BTC) to its Ukrainian clients.
Ukrainian users who created a Kraken account prior to March 9 will be eligible to receive USD 1,000 worth of bitcoin starting March 10...
Circle’s USDC Stablecoin Hits $50B in Circulation
28.2.2022
The company published its latest attestation report, giving more details about their assets
Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto
27.2.2022
A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck. The report further states that workers accepting their paychecks in crypto...
Stablecoin issuer Circle launches business accounts for USDC transactions
23.2.2022
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...