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USDC Ends Ethereum Exclusivity, Begins Algorand Partnership
25.6.2020
Source: Adobe/Sashkin (edited by Cryptonews)
The operator of stablecoin USD coin (USDC) is to end its exclusive relationship with the Ethereum blockchain network and will move to Algorand, with expansion onto other blockchain networks to follow.
USDC is run by Centre, a joint project that comprises...
Circle, Coinbase Bring USDC Stablecoin to Algorand’s Blockchain
25.6.2020
The CENTRE consortium is teaming up with the Algorand Foundation to launch the USDC stablecoin on the Algorand network
The Future Is Stablecoins, Say Panelists for Chamber of Digital Commerce
24.6.2020
As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins
Circle Announces Support for USDC Stablecoin on Algorand Blockchain
24.6.2020
USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain
Crypto Payroll Startup Bitwage Lets Earners Sidestep Volatility With Stablecoin Payments
10.6.2020
Offering the option to receive wages in the USDC stablecoin removes the volatility risk for earners
Armoney Recommends Only the Following Cryptocurrencies in India
6.6.2020
So, what is cryptocurrency? It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank and has control over his own money. Post-COVID will be the beginning of an online transaction era, without the need to...
Report: USDC Volume Collapsed in May Despite Market Recovery
5.6.2020
As exchange volumes and the crypto market resumes growing by all measures in May 2020, the USDC stablecoin saw its Bitcoin trading volume plummet by 78%
Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network
29.5.2020
According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid...
Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America
14.5.2020
Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis
MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day
20.4.2020
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap
Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC
4.4.2020
Coinbase-backed Crypto Rating Council’s asset rating lists three new cryptocurrencies, Basic Attention Token, Iota and USDC
Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether
1.4.2020
Coinbase is putting its digital dollars where the traction is.  Announced Wednesday, Coinbase has deposited $1.1 million in USDC stablecoins into the pools powering two of the most popular decentralized finance (DeFi) applications on Ethereum: Uniswap and PoolTogether. The investment comes...
Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...
Coin Metrics Report Shows Stablecoin Transfer Value Hit $444 Million
25.3.2020
Stablecoins like Circle’s USD Coin saw an all-time high market cap as the rest of the cryptocurrency market experienced a major downturn
USDC Crosses $600 Million In Market Capitalization; Work as Collateral For MakerDAO
19.3.2020
Working as a globally acclaimed fully collateralized US dollar stablecoin, USDC has achieved two celebratory milestones for its global customer base. Firstly, the renowned stablecoin project has crossed the whopping mark of $600 million in market capitalization. Secondly, USDC has been adopted...
MakerDAO Governance Approves USDC Stablecoin as Collateral
18.3.2020
The MakerDAO governance has approved stablecoin USDC as the third collateral type accepted in the Maker Protocol
Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues
18.3.2020
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However...
Maker Accepts USDC as a Collateral, Becomes 'Less Trustless' + More News
17.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
DeFi news
As a result of an Executive Vote held today, MKR holders have accepted USD Coin (USDC) as a new collateral asset in...
MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos
17.3.2020
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg. Passed Tuesday at 2:58 UTC, the Coinbase- and Circle-backed USDC is now available for use as collateral...
MakerDAO Considering USDC Collateral Support For Enhanced Liquidity
16.3.2020
DeFi giant MakerDAO is considering USDC as collateral support to fight its liquidity risk