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Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
Circle Warns Poloniex US Customer Assets May Be Sent to the Government
5.12.2019
As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property....
Bermuda to Start Accepting USDC Stablecoin for Tax Payments
17.10.2019
Bermuda has become the first government to start accepting taxes in the form of hugely popular USDC stablecoin. In fact, the people of Bermuda will also be able to use the USD Coin (USDC) for the payment of fees and government services, as per the official announcement by Circle on its blog dated...
Bermuda Becomes First Gov’t to Accept Tax Payments in USDC Stablecoin
16.10.2019
Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USDC for tax payments
Bermuda Now Accepts USDC Crypto for Taxes and Government Services
16.10.2019
Bermuda announced Wednesday it will accept payments in the USDC stablecoin "for taxes, fees and other government services."
Lending Protocol Founders to Launch ‘Neo-Bank’ Offering Interest on USDC
10.10.2019
The founders of Nuo are launching Juno, which will offer a smart-contract wallet with 5.5 percent interest on USDC in a bid to attract retail users
Coinbase to Pay US Users Interest for Holding USDC Stablecoin
2.10.2019
Coinbase has enabled 1.25% interest rewards for USDC holders, the service is not available to clients in New York State
Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings
2.10.2019
Starting today, Coinbase users get 1.25% returns on their USDC holdings
Shots Fired as Nancy Pelosi Challenger Bacelar Funds Campaign With Crypto
2.10.2019
27-year-old Agatha Bacelar is a Brazilian-American immigrant from a STEM background, and she’s targeting Speaker of the House Nancy Pelosi’s seat in the California Congress (CA-12) in the next election cycle. Her campaign is seeking to raise $1 million in crypto (BTC, BCH, ETH, LTC...
Coinbase Launches USDC-Based Initiative to Support DeFi Developers
10.9.2019
U.S.-based crypto exchange Coinbase launches the USDC Bootstrap Fund to support developers projects
Coinbase to Invest $2 Million USDC in DeFi Projects Compound and dYdX
10.9.2019
Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX
Stablecoins and Exchange Coins – What’s the Difference From the Ol’ Corporate Bond?
9.9.2019
A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native...
ERC20 Tether Transactions Flip Their Omni Equivalent
29.8.2019
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....
How Coinbase Is Using an Ethereum Upgrade to Help Merchants Take USDC
14.8.2019
Coinbase Commerce is putting ethereum's latest systemwide upgrade, Constantinople, to the test
Firm That Monitors Coinbase’s Stablecoin Audited Over $10 Billion in Client Assets
26.7.2019
Grant Thornton audited more than $10 billion spread over 40 cryptocurrencies in more than 100 million addresses
Circle Moves Exchange Operations Offshore With New Bermuda Office
22.7.2019
Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S
Liquid Exchange Launches BCH/USDC Trading Pairs
10.7.2019
The global cryptocurrency trading platform Liquid has announced the release of its new BCH/USDC trading pairs allowing anyone to swap bitcoin cash for the popular stablecoin USDC. Moreover, Liquid users will soon be able to connect their accounts to Bitcoin.com’s new Bitcoin Cash Register...
O3 Smart Wallet Now Supports BTC, ETH, USDC, LTC, EOS, And Many More Cryptos
3.7.2019
Recently, the smart crypto wallet – O3, was launched for mobile and desktop usage. With the recent growth of the O3 features due to the collaboration with Coinbase earlier last month, the company has now expanded to include a variety of cryptocurrencies. The recently added cryptocurrencies...
Circle and Coinbase's Centre Seeks to Form Consortium to Promote, Issue USDC
24.6.2019
Coinbase and Circle open up the Centre consortium for new members to join, hoping to increase interoperability and transparency among stablecoins