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Nalezeno "USDC.": 24

Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability

18.4.2024
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...

Vitalik Buterin’s Recent Ethereum Transaction Raises Eyebrows

5.3.2024
A recent transaction by Ethereum co-founder Vitalik Buterin has garnered attention from the crypto community. According to PeckShieldAlert, the wallet address is under Vitalik.eth sent 30 ETH to Railgun and exchanged around 27.63 ETH for 100,000 USDC. The post Vitalik Buterin’s Recent...

USDC to Go Native on Celo Blockchain, Eyeing Role as Gas Currency

1.2.2024
The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency...

Report: US Crypto Startup Seeks to Launch an Interest-Bearing Stablecoin

24.1.2024
A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such as tether and USDC. Figure Technologies’...

DeFi User Mistakenly Swaps $131,350 in USDR for $0 in USDC

12.10.2023
In an unexpected turn of events, a decentralized finance (DeFi) user accidentally lost a fortune after he swapped $131,350 in wrapped USDR (wUSDR) for $0 in USDC. The transaction was initially captured on DeFi and DEX aggregator OpenOcean by X (formerly Twitter) user @rektfencer. The DeFi user...

Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers

5.9.2023
Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to explore streamlining settlement in the Circle-issued...

Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future

22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...

Multichain Breach Forces Circle to Freeze $63 Million in USDC

8.7.2023
USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain. In a Friday tweet, security firm PeckShield revealed that Circle has frozen $27.65 million, $30.1 million, and $5.5 million in three...

New Proposal: Hong Kong Should Issue Stablecoin to Rival USDT and USDC

4.7.2023
In a revolutionary move, Hong Kong is exploring the idea of launching its Stablecoin, HKDG, to rival established Stablecoins like USDT and USDC.  As reported by Wu Blockchain, the proposal, co-authored by prominent figures in academia and industry, including Vice Chancellor Wang Yang and angel...

Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute

16.6.2023
On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....

USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum

2.6.2023
Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain...

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

21.2.2023
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest...

Bitcoin․com Announces Strategic Partnership with Poly Network

29.11.2022
Join the Verse public token sale now and purchase VERSE tokens using BTC, BCH, ETH and USDT/USDC. Sale closes Dec 1 at 0:00 UTC. Bitcoin.com, a digital ecosystem that offers secure self-custody solutions for users to easily interact with cryptocurrencies, has formed a mutually beneficial strategic...

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