7 / 13 Relevant items tagged with #USDC

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Warren Buffett-Backed Nubank Collaborates With Circle and Talos to Increase Crypto Access in Brazil

[Dec 7, 2023 2:00 AM] Warren Buffett-backed Nubank is collaborating with crypto firms Circle and Talos to increase crypto access and adoption in Brazil. Nubank Cripto has added 11 new cryptocurrency options to the platform this year. “We continue to see strong…

Jeremy Allaire's Stablecoin Is Building a Real Use Case for Crypto

[Dec 4, 2023 7:03 AM] Circle Internet Financial continued to build out the USDC stablecoin network, spreading access and inclusion to new corners of the world.

We Neither Bank Justin Sun nor Finance Hamas — Circle Chief Strategy Officer

[Dec 2, 2023 1:00 AM] USDC stablecoin issuer Circle neither “finances Hamas” nor does it bank Tron blockchain founder Justin Sun, the fintech firm’s chief strategy officer has asserted. Although Circle had past business dealings with Sun, this ended in…

$3.1 Billion TUSD Stablecoin Shaky, Briefly Depegs—What’s Happening?

[Nov 27, 2023 9:00 PM] TrueUSD (TUSD), a stablecoin with a market cap exceeding $3.1 billion, appears “shaky” and briefly depegged on November 22, dropping to as low as $0.9976 before restoring its peg. The temporary depeg was attributed to a deluge of…

Circle And SBI Holdings Partnership To Boost USDC In Japan

[Nov 27, 2023 12:00 PM] Global financial firm Circle has announced a strategic partnership with the Japanese financial services SBI Holdings, Inc., to promote the adoption of Circle’s USDC stablecoin and web3 services in Japan. Circle Joins SBI Holdings In A…

Circle launches 'bridged USDC standard' for deploying to new networks

[Nov 21, 2023 10:02 AM] Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.

Circle Revamps Stablecoins USDC, EURC With Upgrade Focused on Gas and Security

[Nov 10, 2023 2:30 AM] Circle has announced a new v2.2 upgrade for its usd coin and euro coin digital stablecoins. The changes aim to significantly reduce gas costs, enable new use cases, and bolster security. Circle Unveils 2.2 Upgrade for Stablecoin Suite Circle…

Report: Stablecoin Giant Circle Eyes 2024 Public Listing

[Nov 9, 2023 12:30 AM] According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s…

Circle to phase out consumer accounts, but business and Mint will remain

[Oct 31, 2023 12:56 PM] Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.

Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether's Practice

[Oct 31, 2023 12:11 PM] USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients.

dYdX launches layer 1 blockchain, validators and stakers set to receive all fees

[Oct 27, 2023 7:50 AM] dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators.

Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade

[Oct 19, 2023 7:00 AM] Southeast Asian super app Grab is currently piloting the "Gas Station" to cover gas fees for its Singaporean users if they use NFT vouchers.

Vitalik Buterin: ‘I Haven’t Sold ETH for Personal Gain Since 2018’

[Oct 18, 2023 4:30 PM] Vitalik Buterin has dismissed reports that he recently sold his crypto holdings and claimed to have not “sold ether for personal gain since 2018.” Buterin suggested to his followers that the reports often mistake his transfer of…

Trader Loses $107,000 To MEV Bot Panic Selling Obscure Stablecoin

[Oct 12, 2023 8:00 PM] Lookonchain, a blockchain tracking platform, now reveals that one stablecoin holder lost over $100,000 after panic selling USDR, a stablecoin issued on the Polygon network, for zero USDC after it depegged on October 11. The stablecoin holder…

Circle rolls out native USDC tokens on Polygon

[Oct 10, 2023 8:01 AM] Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol.

Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets

[Sep 29, 2023 7:00 AM] Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research.

Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds

[Sep 26, 2023 10:00 AM] The median pay globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.

Whales, Fresh Wallets Accumulating, Maker (MKR) Spikes 120% In 3 Months

[Sep 20, 2023 7:00 PM] On-chain data reveals that whales and new wallets are scooping more Maker (MKR), which seems to be propping the token, fanning demand. As of September, MKR is one of the top-performing tokens, adding roughly 120% in three months from June 2023…

Report Reveals The Stablecoins That Have Suffered The Most De-Peg Events

[Sep 12, 2023 5:30 AM] Amidst the constant price swings and uncertainties that plague the crypto market, stablecoins have become an invaluable asset for investors and traders. However, analysts have revealed several stablecoins that have been struggling to maintain the…

Stablecoin de-pegging plagued USDC and DAI more than others: Analysts

[Sep 11, 2023 10:25 PM] Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of years, according to a new report from S&P Global.

Why is Stellar (XLM) price up this week?

[Sep 8, 2023 2:05 PM] Stellar’s pre-announcements may have caused traders to create multiple scenarios for potential XLM developments, but their impact on the XLM price could be short-lived.

USD Coin officially expands to Base and Optimism networks

[Sep 5, 2023 10:39 AM] Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time.

Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

[Sep 5, 2023 8:55 AM] The company said it is one of the first major payment institutions to use directly the Solana network for settlements.

Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers

[Sep 5, 2023 8:30 AM] Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to…

Visa taps into Solana to widen USDC payment capability

[Sep 5, 2023 8:17 AM] The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain.

Latam Insights: Worldcoin Breaks Records in Argentina, Circle Brings USDC to Chile

[Sep 4, 2023 3:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Worldcoin reaches record verifications in Argentina, Circle partners with Mercado Pago to bring USDC to…

This Metric Hinted At The Bitcoin Retrace In Advance

[Sep 1, 2023 1:00 PM] The trend in the total supply of the stablecoins may have hinted in advance that the Bitcoin rally wouldn’t last too long. Bitcoin Stablecoins Supply Hasn’t Moved Much Recently An analyst in a CryptoQuant Quicktake post explained that…

Circle Partners With Mercado Pago to Offer USDC to Chilean Customers

[Sep 1, 2023 2:30 AM] Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to…

August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction

[Aug 31, 2023 8:30 AM] Over the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125…

USDC will launch natively on Base network 'next week' — Jeremy Allaire

[Aug 29, 2023 1:10 PM] Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version.