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Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion
27.3.2024
Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.
The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...
Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
21.8.2023
The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house
Binance Sale of USDC for BTC and ETH Raises Fresh Concerns In Latest Proof-of-Reserves Report
8.8.2023
Binance's latest proof-of-reserves (PoR) report has come under scrutiny following its depleting USDC reserves after the collapse of Silvergate Bank.
The report released on Aug 1 to show transparency in the exchange’s dealings with user assets has sparked arguments across social media spaces...
Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
6.4.2023
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted
Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial System
14.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial...
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...
USDC adoption is lagging outside of the United States: Coinbase
21.10.2022
The exchange stated the stablecoin is purchased at three times the rate with U.S. dollars as compared to other fiat currencies