USDC issuer Circle adds Arbitrum to Web3 platform
[Sep 12 8:03 PM] It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.
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BBVA Enhances Institutional Crypto Solutions With USDC Integration
[Sep 10 8:30 AM] BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition…
Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
[Sep 7 2:35 PM] In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin…
Unified Global Framework Crucial for Multi-Trillion-Dollar RWA Market, Says Finance Veteran
[Sep 4 11:20 AM] The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder and CEO of INX. Datika, a…
Coinbase Reports Its First AI-to-AI Crypto Transaction
800 ETH Transferred: Vitalik Buterin’s Latest Wallet Activity Draws Attention
[Aug 30 6:41 PM] Onchain data reveals that Ethereum co-founder Vitalik Buterin recently shifted 800 ether, valued at just over $2 million, from a well-known address. After the initial transfer, 190 ether was reportedly exchanged for 477,000 USDC. Vitalik Buterin…
Former Square, Coinbase execs raise $58M for Bridge stablecoin network
[Aug 30 9:21 AM] Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards.
Coinbase CEO Brian Armstrong Predicts Payments Will Be Crypto’s Next Big Boom
[Aug 28 2:30 AM] Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead…
Sony debuts Soneium Minato testnet, Web3 developer incubator
[Aug 28 1:00 AM] Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.
Critical bug identified and remedied in Circle’s Noble-CCTP
[Aug 27 10:00 PM] Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.
PayPal’s PYUSD stablecoin hits $1B market cap
[Aug 26 8:09 PM] PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
[Aug 18 1:30 PM] The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth…
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
[Aug 16 11:52 AM] Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale.
Does Hong Kong have issues with USDT and USDC? OSL exec weighs in
[Aug 16 11:21 AM] As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
Stablecoin issuance could be key to the next Bitcoin rally — 10x Research
[Aug 14 5:57 AM] Tether and Circle issued more than $2.5 billion worth of stablecoins over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally.
Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline
[Aug 14 3:30 AM] Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of…
Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?
[Aug 13 2:00 AM] Bitcoin buyers might be upbeat after the uptick on August 8. While traders are waiting for a conclusive close above $63,000, confirming bulls of the second half of last week, on-chain data points to risk and traders staying on the sidelines…
Bitstamp and Stripe Collaborate for EU Crypto Onramp
[Aug 8 6:30 AM] Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a…
3 key Bitcoin price metrics highlight traders’ lack of enthusiasm
[Aug 7 8:50 PM] Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders.
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
[Aug 2 1:30 AM] Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a…
Stablecoin growth soars as crypto global mass adoption ramps up
[Jul 31 9:05 PM] Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market.
Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
[Jul 30 1:00 PM] Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system.
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
[Jul 25 6:20 AM] The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by…
Oracle exploit drains $7.6 million from Rho Markets liquidity protocol
[Jul 19 7:00 AM] Rho Markets has already paused its platform in response to the security breach.
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
[Jul 17 11:15 AM] While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days…
Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam
[Jul 17 12:19 AM] Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC…
Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest
[Jul 4 3:45 PM] Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic.
Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet
Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
[Jul 4 12:14 AM] Since launching in September 2023, Opera Mini’s MiniPay app has amassed three million users.
Circle’s Stablecoins Now MiCA Compliant
[Jul 1 7:20 PM] Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins to European customers. The company is also…