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Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
19.5.2023
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
18.5.2023
U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel
Crypto.com Expands Pay Service, Adds Support for MATIC, USDC, and DAI
18.5.2023
Top-tier exchange Crypto.com has announced it upgraded its payment services with new features and more coins.
According to the exchange, this development aims to enhance users' experience, allowing them to purchase more cryptocurrencies with credit or debit cards.
Notably, Crypto.com integrated...
Crypto.com Expands Pay Service, Adds Support for MATIC, USDC, and DAI
18.5.2023
Top-tier exchange Crypto.com has announced it upgraded its payment services with new features and more coins.
According to the exchange, this development aims to enhance users' experience, allowing them to purchase more cryptocurrencies with credit or debit cards.
Notably, Crypto.com integrated...
USDC trading goes live in Singapore via Coinbase
18.5.2023
Coinbase recently conducted a commissioned study, revealing that 25% of the residents of Singapore feel that cryptocurrency is the future of finance. The number is at par with the UK and higher than the UK, where only 17% share the sentiments. The study has also revealed that what keeps people from...
There's a growing case for allowing crypto firms to bypass banks
18.5.2023
Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash
Australia marks first FX transaction using a CBDC as eAUD pilot continues
18.5.2023
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain
USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default
17.5.2023
Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said
Crypto.com adds Pay support for MATIC, USDC and DAI
17.5.2023
The cryptocurrency exchange's DeFi wallet and Pay service launched a new update adding support for more countries and tokens
Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX
17.5.2023
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: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls...
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
13.5.2023
Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy...
The US should promote USDC — before it's too late
12.5.2023
USDC brings stability to cryptocurrency. It would behoove the financial system if policymakers took measures to foster its adoption
Circle reportedly adjusts USDC reserves to avoid US default risk
11.5.2023
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults
Tether has $1.5B in Bitcoin reserves: BDO Italia
10.5.2023
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals
Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures
2.5.2023
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in...
Today in Crypto: Hackers Using Victims’ AT&T Email Addresses to Steal Crypto, Revolut Partners with Koinly, Kraken Fights IRS, Circle Launches Mainnet Protocol for USDC Transfers Between Ethereum & Avalanche
27.4.2023
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: Hackers Using Victims’ AT&T Email Addresses to Steal Crypto, Revolut Partners with Koinly, Kraken Fights...
Circle Unveils New Method for Moving USDC Between Blockchains
26.4.2023
The cross-chain transfer protocol seeks to improve liquidity of the major crypto payments rail
USDC Stablecoin Strengthened by U.S. Banking Crisis in March, Circle CEO Says
26.4.2023
The stablecoin has upgraded its market infrastructure after losing its peg during the crisis
Circle launches cross-chain USDC transfer protocol for Ethereum, Avalanche
26.4.2023
The new protocol burns coins on the sending chain, and mints new ones on the receiving chain
Circle CEO blames US crypto crackdown for declining USDC market cap
26.4.2023
The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months following a regulatory crackdown and banking crisis