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Nalezeno "Stablecoin USDC": 64

Circle Reports Surge in Remittances Through USDC Stablecoin in Asia

15.1.2024
Circle, a crypto issuer, reported a significant increase in remittances flowing through Asia via its USDC stablecoin. USDC is a cryptocurrency pegged to the value of the U.S. dollar and is backed by liquid cash and cash-equivalent assets. It has settled over $12 trillion in blockchain transactions...

Coinbase Partners With Yellow Card to Expand Access to Its Products in 20 African Countries

13.1.2024
The leading crypto exchange Coinbase has said it will expand access to its products to 20 African countries. Coinbase also claimed that its partnership arrangement with the Africa-focused crypto exchange Yellow Card can help increase financial freedom in countries where it is lacking. Increasing...

Coinbase Expands in Singapore: Launches USD Transfers via SWIFT – Crypto Adoption on the Rise?

19.12.2023
Source: Adobe / VideoFlow The major US-based crypto exchange Coinbase has announced the availability of USD transfers for its retail customers in Singapore, according to an announcement. Now, users in Singapore can seamlessly transfer US dollars (USD) to and from their Coinbase accounts using...

Circle Launches EURC Stablecoin on Solana, Expanding Euro Access in the Crypto Space

19.12.2023
Expanding the global reach of euro-based stablecoins, Circle has debuted its EURC token on the Solana blockchain, offering a fully reserved, euro-backed digital asset. Circle Expands its Stablecoin Portfolio With EURC Launch on Solana, Boosting Euro Integration in Digital Finance Circle, a leading...

Report: Stablecoin Giant Circle Eyes 2024 Public Listing

9.11.2023
According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer...

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 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 Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

29.3.2023
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

29.3.2023
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than...

Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future

15.3.2023
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows

Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos

14.3.2023
The price increase of LQTY comes amid heightened interest in stablecoins following the depegging of USD Coin and the shutdown of several crypto-friendly banks

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

13.3.2023
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount...

Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

13.3.2023
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed

Euler Finance hacked for over $195M in a flash loan attack

13.3.2023
Euler Finance became the victim of a flash loan attack where the exploiter managed to drain hundreds of millions worth of decentralized stablecoins and synthetic ERC-20 tokens

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

13.3.2023
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley...

Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’

12.3.2023
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle...

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

11.3.2023
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped...