12 / 12 Relevant items tagged with #USDC

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Optimism Sees Spike In USDC And USDT Transactions Eclipsing $1 Billion

[Dec 25, 2022 10:19 PM] Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. What seems to have caught people’s attention is the fact that the Optimism chain seems to be unrivaled and…

Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot

[Dec 22, 2022 6:30 AM] Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent…

UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War

[Dec 17, 2022 1:30 AM] The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the…

Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month

[Dec 16, 2022 2:30 PM] While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of…

Stellar partners with UNHCR to give Ukrainian refugees cash via USDC

[Dec 15, 2022 7:04 PM] One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects.

Only 1% of people can handle crypto self-custody right now: Binance CEO

[Dec 14, 2022 8:17 PM] Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange.

Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US

[Dec 14, 2022 3:30 AM] Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based remittances in the…

Ethereum rallies to $1,350, but derivatives metrics remain neutral to bearish

[Dec 13, 2022 3:31 PM] Pro traders aren’t buying ETH’s recent rally to $1,350 and data shows they expect Ether price to retrace if Fed chair Powell takes a hawkish tone on Wednesday.

Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months

[Dec 7, 2022 9:00 AM] Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of…

Don’t Forget the Importance of Censorship Resistance

[Nov 28, 2022 11:30 PM] Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer…

Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

[Nov 28, 2022 9:00 AM] During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its…

Tether vs. USD Coin on-chain data reveals two very different stablecoins

[Nov 23, 2022 9:28 AM] The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.

EverEarn Ethereum Blockchain Public Presale With USDC Rewards

[Nov 18, 2022 12:00 PM] PRESS RELEASE. As if the cryptoverse needed more reasons for people to be fearful, both FTX and BlockFi rocked cryptocurrency blockchains and investors alike, sending prices spiraling, blockchains congesting, and investors hunkering down for more…

Total crypto market cap drops to $850B as data suggests further downside

[Nov 11, 2022 2:29 PM] The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence.

Major stablecoins destabilized as market volatility and redemptions surge

[Nov 10, 2022 10:24 PM] Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize.

Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

[Nov 9, 2022 10:15 PM] "We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said.