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Binance to Halt Tron USDC Trading Following Circle’s Move Away


Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase out support entirely, aligning with efforts...

OpenOcean Partners with Chainlink for Secure Cross-Chain USDC Transfers


OpenOcean links up with Chainlink CCIP to utilize CCIP’s simplified token transfer abilities for initiating cross-chain shifting of USDC. These are utilized as intermediaries to pave the way for off-chain swaps. Incidentally, CCIP is the benchmark for safe cross-chain interoperability throughout...

Migration of Native USDC on Polygon PoS is Now in Its First Phase


As a consequence of the community’s feedback, native USDC went live on Polygon PoS in October 2023. It was hypothesized that adopting a conventional approach would result in increased user exposure and efficient capital utilization. USDC.e, an abbreviation for “Bridged USDC from...

Vitalik Buterin’s Recent Ethereum Transaction Raises Eyebrows


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...

Coincheck Partners with Circle; USDC’s First Japan Listing Close?


Circle, USDC’s issuer, has struck a partnership deal with Coincheck, one of Japan’s biggest crypto exchanges – with a view to securing the stablecoin’s first listing in the nation. The post Coincheck Partners with Circle; USDC’s First Japan Listing Close? appeared first on Cryptonews

USDC Grows In Non-US Markets as Market Cap Taps $28 Billion


The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments. The post USDC Grows In Non-US Markets as Market Cap Taps $28 Billion appeared first on Cryptonews

Circle Drops TRON Support for USDC, Citing Risk Management


Stablecoin issuer Circle will stop supporting USDC on the TRON blockchain, as part of concerns under its risk management framework. The post Circle Drops TRON Support for USDC, Citing Risk Management appeared first on Cryptonews

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