Ethereum layer 2s hold $13.5B stablecoin supply
[Dec 20 9:43 AM] Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.
1 / 12 Relevant items tagged with #USDC
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Stablecoins Becoming Increasingly Viable as Staking Collateral, Research Shows
Nuvei, Visa partner on stablecoin payments for Latam merchants
[Dec 6 7:05 PM] Latin America continues to be a center of blockchain integration with Nuvei and partners' new e-commerce solution for merchants.
Circle says USDC is first stablecoin to meet Canada’s new listing rules
[Dec 6 1:08 AM] Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.
Circle Commits to Updated Canadian Stablecoin Regulatory Requirements
[Dec 5 7:30 AM] The updated rules were introduced last year and outline several requirements for crypto exchanges and stablecoin issuers. USDC Issuer Circle Claims It Was First to Comply With Canada’s Interim Listing Rules Stablecoin issuer Circle, whose flagship…
Crypto payment firm Dtcpay shifts to stablecoin-only payments model
[Dec 3 11:53 AM] By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.
XRP returns to 3rd-largest crypto after 4-year battle with SEC
[Dec 2 9:49 AM] XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.”
Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield
[Nov 29 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.
Non-USD stablecoins can spur adoption: Report
[Nov 27 5:40 PM] Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report.
Stablecoin trading volume surges to $1.8T in November
[Nov 27 5:00 PM] Stablecoin trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024.
Payments Giant Stripe Brings Crypto Services to Aptos as Circle's USDC Stablecoin Launch on the Network
[Nov 21 3:10 PM] The integrations aim to boost global payments and decentralized finance on the Aptos network.
PayPal taps Xoom for cross-border stablecoin payments
[Nov 19 7:19 PM] The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.
Can Treasury-linked stablecoins bring stability to DeFi?
[Nov 19 2:16 PM] Flare Network’s USDX stablecoin introduces Treasury yields to DeFi, challenging established players like USDC in terms of economic utility.
SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins
[Nov 14 9:23 PM] SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand.
Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto
[Nov 12 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.
Kalshi rolls out political betting contracts for Trump presidency
[Nov 7 4:00 PM] The prediction market has listed contracts for betting on events, including a prospective Trump impeachment.
US presidential race bets near $4B on election day
[Nov 5 7:43 PM] Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
DePIN XYO launches on Solana
[Nov 1 5:33 PM] XYO’s native token is now tradable against tokens, including SOL and USDC, on Solana-native decentralized exchanges Jupiter and Raydium.
Stablecoins boosting demand for US T-bills: Treasury Dept
[Oct 30 8:04 PM] The United States Treasury Department is taking an interest in stablecoins and tokenization.
Circle raises USDC cash-out fees, affecting large-scale redemptions
[Oct 29 9:20 PM] The fee structure revision primarily affects institutional investors and high-volume traders.
Circle CEO Hypes Stablecoin Market Growth With Astounding Prediction
[Oct 28 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…
Base stablecoin transaction volume briefly tops all other chains
[Oct 28 2:15 AM] Base has notched a new record stablecoin volume, temporarily beating out Solana, Ethereum, and Tron for the top spot.
Wintermute to take Ethena’s USDe as trading margin
[Oct 25 5:15 PM] Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades.
Crypto-native AI will transform Web3: Coinbase Ventures
[Oct 24 7:28 PM] It will ultimately create a world where autonomous AI agents freely interact with humans onchain, the venture capital firm said.
Circle's Allaire: Stablecoins Could Expand by Trillions in 10 Years, Will Be Integral Part of Global Financial System
[Oct 24 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.
Avalanche Foundation introduces Visa crypto spending card
[Oct 22 2:14 PM] The Avalanche Card is a credit card linked to a “self-custody wallet and unique address per asset.”
US lagging behind in global stablecoin adoption — Chainalysis
[Oct 17 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.
Paxos Launches New Stablecoin Payments Platform With Stripe as First Customer
[Oct 16 7:05 PM] Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. This innovative solution powers Stripe’s Pay with Crypto product, enabling merchants to seamlessly…
Circle Brings USDC to Sui: What This Means for Bridged Tokens
[Oct 11 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…
Stripe’s new stablecoin option gains traction in 70 countries on day 1
[Oct 11 8:42 AM] Stripe introduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand.