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Nalezeno "USDC": 1002

Jane Street Dives Into DeFi With $25M USDC Loan

3.5.2022
Quant trading firm Jane Street has taken a $25 million USDC loan from crypto firm BlockTower Capital, via Clearpool

Argentinian Banking Heavyweight to Launch Bitcoin, Ethereum Trading, While Tax Body Urges Tighter Crypto Monitoring

3.5.2022
One of the largest private financial entities in Argentina, Banco Galicia, has announced that it will allow some of its customers to trade, sell, and hold cryptoassets at a time when Argentina’s tax body has called for Latin American governments to bolster their crypto monitoring...

Deus DAO Exploited Again, Loses Reported USD 13M+ in Flashloan Attack

28.4.2022
Another day, another exploit. Deus Finance DAO seems to have lost at least USD 13m in its own latest flashloan attack. The project which describes itself as a “decentralized bilateral OTC [over-the-counter] derivatives platform” has confirmed the attack, claiming that user funds are safe,...

American Borrowers Can Now Use Crypto Mortgages to Buy Home

27.4.2022
USDC.homes, a new decentralized finance (DeFi) project, is offering US homebuyers DeFi mortgages, enabling users to purchase homes using crypto without having to first liquidate it. The project currently allows Texas residents to secure crypto mortgages but plans to expand its offering...

Uncollateralized DeFi mortgage taken out on Austin condo via Teller

27.4.2022
An Austin resident is a proud homeowner after securing a loan denominated in USDC stablecoin over the Polygon network by using their credit score

Regulatory Clarity, More Transactional Use Could Boost Stablecoin Adoption - Crypto Summit Panel

26.4.2022
The USD 80bn-heavy stablecoin industry requires more regulatory clarity and harmonization across jurisdictions, but the coins' increased use for transactions is the ultimate factor that will boost adoption across the world, according to the participants of a discussion held at the Crypto...

USDC Could Topple USDT From Top as Institutions Favor It

25.4.2022
Stablecoins are an integral part of the crypto market as they are the haven that protects them from dangers like high volatility. As per the reports from Huobi, stablecoins have been more than just a hedging tool and helped bring more assets into DeFi lately. They have greatly accelerated...

Twitter and Stripe roll out USDC payout program for creators via Polygon

22.4.2022
In addition to payments to bank accounts and debit cards, select content creators can now elect to have USDC earnings sent to their wallets

Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter

22.4.2022
On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform...

Stripe Taps Polygon to Allow Customers to Make Payments in USDC

22.4.2022
Twitter will be the first company to test this option by paying earnings via crypto to content creators who use its monetization products

Solana's STEPN hits record high as GMT price skyrockets 34,000% in over a month

19.4.2022
Strong hype around move-to-earn tokens could offset the bearish technicals emerging for GMT

Stablecoins See Growth With Crypto Market Stuck in ‘Bearish Lull’

13.4.2022
A “bearish lull” in the crypto market fuelled growth in stablecoins, with the market capitalization of the top five stablecoins growing by 13% in the first quarter, according to a new report from the coin tracking site CoinGecko. The growth in the market capitalization of stablecoins is notable...

Luna Foundation Guard Buys Additional USD 100M in Bitcoin, Now Holds BTC 42.4K

13.4.2022
The Luna Foundation Guard (LFG), a nonprofit organization established in the Republic of Singapore dedicated to creating a reserve protocol for the algorithmic stablecoin UST, has purchased an additional USD 100m worth of bitcoin (BTC), increasing its total holdings to just over BTC 42,400 (USD...

Financial Giant BlackRock Becomes 'Strategic Investor' in USDC Issuer Circle

12.4.2022
The global fintech firm Circle has entered into an agreement for a new USD 400m funding round with participation from several major players from traditional finance, while making asset management giant BlackRock, Inc. a “strategic investor” in the company. The funding round, announced by Circle...

USDC Stablecoin Issuer Centre Hires 2 Executives to Oversee Regulation, Operations

12.4.2022
The issuer of the second-biggest stablecoin has hired two new executives to oversee policy and operations

USDC Issuer Circle Raises $400M

12.4.2022
The firm raised $440 million last May

Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap

11.4.2022
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased...