RLUSD, Ripple Labs’ stablecoin, was launched a month ago but has not yet managed to stand out in this niche of the digital currency market. Although there was great expectation in the community for XRP, the cryptocurrency issued by Ripple, its market capitalization remains low, which shows that It still has a long way to … Read more
Circle, the company issuing the stablecoin USD Coin (USDC), released a report on the performance of the stablecoin during the recently completed 2024, highlighting that this cryptocurrency had greater growth in terms of circulation compared to USD Tether (USDT) and others. “important stablecoins”. According to him reportshared by Circle CEO and founder Jeremy Allaire, in … Read more
Starting December 30, the European Union will fully implement the Regulation for the Cryptoasset Market (MiCA Law), leaving one of the most used stablecoins globally out of the game: USDT. This change opens the doors to USDC and EURC, issued by Circle, consolidating a new balance in the European market of cryptocurrencies. With a market … Read more
USDC is the second largest stablecoin, with a market capitalization of $40.6 billion. Circle will provide technology, liquidity and “other necessary tools” to Binance. Binance and Circle have formed a strategic alliance to expand adoption of the stablecoin cryptocurrency USD Coin (USDC) and support the development of global digital assets and the broader financial services … Read more
USDC seeks to be a strong competitor against USDT, which dominates the market. Galaxy anticipates that this could be a new standard for stablecoins. Coinbase, the world’s second-largest bitcoin (BTC) and cryptocurrency exchange, announced that Coinbase Wallet users can earn a base annual yield (APY) of 4.7% on their USDC holdings. According to a press … Read more
By depositing USDC-ERC20 into Ethereum, Tron creates an equivalent amount in the new currency. The TRON-Peg USD Coin is audited by the ChainSecurity firm. Tron DAO announced the launch of TRON-Peg USD Coin on the Tron blockchain, opening “new doors for cross-chain transactions and expanding our stablecoin ecosystem.” As reported by the DAO in a … Read more
The stablecoin USD Coin (USDC) as of today, October 8, is natively hosted on Sui, a cryptocurrency and token network supported by the Ethereum Virtual Machine (EVM). That USDC is natively in Sui means that It is officially issued by the Circle company on that network and it is not a “wrapped” token issued by … Read more
Coinbase, the largest cryptocurrency exchange in the United States, announced today that it will remove from its platform any stablecoin that does not comply with the rules established by the Regulation for the Cryptoasset Market, better known as the MiCA Law of the European Union, which enters effective December 30, 2024. This decision directly affects … Read more
The southern US state of Louisiana has taken a significant step toward adopting emerging financial technologies by accepting bitcoin (BTC) and USD Coin (USDC) payments for state services. State Treasurer John Fleming announced a plan to integrate digital currencies into public operations, allowing residents to pay for services from their digital wallets. This move materialized … Read more
Circle announced today that its stablecoin, USD Coin (USDC), is now available in Brazil and Mexico through the national real-time payment systems, PIX and SPEI, respectively. This integration allows direct access to USDC using local currency, reals in Brazil and pesos in Mexico, without the need to first convert to US dollars. According to the … Read more