USDC
Circle Unveils New Payments and Remittance Network to Expand Stablecoin Utility
From its luxurious offices located on the 87th floor of One World Trade Center in New York City, Circle, the company that created the $60 billion USDC stablecoin, is unveiling…
Big Blow for TRON: USDC Delisting Creates Major Hurdle for Ecosystem.
Circle, the company that is responsible for issuing USD Coin (USDC), which is one of the most significant stablecoins in the ecosystem, has declared their intention to remove the asset…
Worldcoin to Stop Using USDC for Orb Operator Rewards – Here’s the Latest News. Cryptured
The Worldcoin Foundation has disclosed a significant modification to the compensation scheme for Orb device operators: they are now compensated in WLD tokens rather than the well-known stablecoin USD Coin…
Circle Stablecoin CEO Unveils International Dominance: 70% of USDC Adoption Outside US_ Cryptured.
In a tweet dated August 8, Jeremy Allaire, CEO of Circle, noted that approximately 70% of the adoption of USD Coin (USDC) originates from countries beyond the borders of the…
Ethereum Burns Hotter than Ever.
The Ethereum network, as part of the Ethereum Improvement Proposal (EIP) 1559, has been burning ETH at a massive rate. A portion of the Ethereum transactions – every NFT trade,…
Justin Sun Brushes Off Rumours that Huobi Is Headed for Insolvency.
Huobi adviser Justin Sun has denied rumors that crypto exchange Huobi was heading for insolvency. The speculations gained traction as the company laid off staff and shuttered internal communications. Sun…
Circle’s Performance to be Lower Due to Exposure to FTX and USDC Conversions on Binance.
The fallout of FTX and automatic conversions of USD Coin on Binance will prompt Circle’s performance to be materially lower than the predictions made in February. Circle revealed that the…
‘Turbulent Times Ahead’: CZ Warns Staff, Binance Records Largest Outflow of Stablecoins in 24 Hours
As crypto exchange Binance witnessed the largest stablecoin outflows totaling $2.159 billion in 24 hours, CEO Changpeng Zhao (CZ) warned his staff of turbulent times. He expects the next several…
USD vs. Tether Two Extremely Different Stablecoins Data Reveals.
In terms of institutional acceptance, USD Coin (USDC), a stablecoin released by the American company Circle Financials Ltd, is overtaking Tether (USDT), its main opponent. The market value of USDC…
MakerDAO community Votes in Favor to Approve custody of $1.6Billion in USDC with Coinbase.
The biggest cryptocurrency exchange in the United States, Coinbase, has teamed up with the decentralized lending platform MakerDAO to hold a significant quantity of USDC. On 24 October, the MakerDAO…
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