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Circle Expands USDC Stablecoin to Five New Chains, Unveils Cross-Chain Transfer Protocol
28.9.2022
Circle aims to bolster USDC’s market position as competition with rival issuers Tether, Binance is heating up and decentralized finance platforms are crafting their own native stablecoins
Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin
28.9.2022
Collateralized USDC will assume the role formerly held by Terra’s algorithmic UST stablecoin – raising further questions as to whether decentralized finance can mature with algorithmic money at its core
3 reasons why USDC stablecoin dropping below $50B market cap is Tether's gain
26.9.2022
The stablecoin's top-rival Tether has witnessed growth in its market cap, on the other hand
First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K
23.9.2022
First Mover Asia: The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%
Digital bank FV Bank integrates USDC stablecoin for direct deposits
21.9.2022
Apart from USDC support, FV Bank also plans to launch a custody service in Q4 2022, targeting major coins like Bitcoin and Ethereum
Trading App Robinhood Markets Adds USDC to Its Crypto Lineup
20.9.2022
Robinhood has been slowly adding to its crypto options for retail investors
Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
20.9.2022
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: Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD
20.9.2022
The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September 23 to withdraw their stablecoins if they don’t want the funds converted. Wazirx Plans...
Crypto Exchange WazirX to Delist USDC in Boost for Binance's Stablecoin
19.9.2022
WazirX is delisting USDC, USDP, and TUSD and will automatically convert customer holdings into BUSD
Indian exchange WazirX follows Binance in delisting USDC
19.9.2022
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October
Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days
19.9.2022
During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS)...
Stablecoin Economy Growth Stagnates for 73 Days, USDC Market Cap Slides 5% Lower
18.9.2022
Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from ​​$171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion...
Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC
14.9.2022
Accredited institutions can borrow USD OR USDC starting at 6% APR, according to the company
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
13.9.2022
The development is part of a move away from centralized crypto products such as stablecoins
Coinbase Offers MakerDAO 1.5% Interest on USDC held at Prime
8.9.2022
Major crypto exchange Coinbase is looking to partner with the largest decentralized lending protocol, MakerDAO. Coinbase has offered to pay MakerDAO 1.5% interest if Maker onboards its holdings of USDC to Prime, Coinbase's institutional-grade investment platform. ...
Read More: Coinbase Offers...
Avalanche flash loan exploit sees $371K in USDC stolen
8.9.2022
The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
Binance Converting USDC and Other Stablecoins to BUSD - A Market Share Grab?
7.9.2022
Binance, the largest cryptocurrency exchange by trading volume, has announced that it is removing support for three major stablecoins including Circle's USDC, Pax Dollar (USDP), and TrueUSD (TUSD) on all its products. ...
Read More: Binance Converting USDC and Other Stablecoins to BUSD - A Market...
First Mover Asia: Binance’s USDC Swap-Out Isn’t What You Think it Is; What's Behind Bitcoin's Late Dive?
7.9.2022
The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K
Who Benefits From Binance Converting USDC to Its Own Stablecoin?
6.9.2022