[Jan 14 11:45 PM] The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this…
[Jan 14 2:00 PM] USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.
[Jan 10 12:30 PM] Circle, the institution behind the issuance of USDC, the second-largest stablecoin in the cryptocurrency market, has donated $1 million to the inaugural fund of President Trump. Circle joins other tech giants like Microsoft and Google, which have…
[Dec 13, 2024 9:30 PM] This week’s Crypto Biz also explores Microsoft’s board’s stance on Bitcoin, JPMorgan’s revision of mining stocks, MARA’s new BTC purchase and upcoming listings of crypto firms.
[Dec 11, 2024 11:30 AM] Key partnership between Binance and Circle seeks to accelerate the adoption of USDC and digital assets worldwide. Binance and Circle Join Forces for Global Crypto Adoption A new strategic partnership between Binance and Circle Internet Group was…
[Nov 29, 2024 5:50 AM] Some Coinbase users are airing frustrations at the region’s MiCA laws, which are forcing the exchange to stop offering yields on USDC in the European Economic Area.
[Nov 27, 2024 5:40 PM] Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report.
[Nov 12, 2024 7:16 PM] Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
[Nov 4, 2024 10:00 PM] The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.
[Nov 1, 2024 9:00 PM] This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders.
[Oct 28, 2024 2:55 PM] Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with the recent expansion of stablecoins, it is still in the early stages of this…
[Oct 24, 2024 6:49 PM] While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview.
[Oct 17, 2024 7:00 AM] Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.
[Oct 11, 2024 9:00 PM] Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.
[Oct 11, 2024 6:30 PM] Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This launch supports Circle’s multi-chain approach, utilizing Sui’s features for fast, secure, and scalable…
[Oct 9, 2024 1:21 PM] VanEck’s new $30 million fund, VanEck Ventures, will focus on investment in fintech, crypto and AI startups building next-generation payments.
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