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
Key facts: The USDC Bridge token is compatible with the Ethereum Virtual Machine and is a proxy for native USDC. According to the companies, the association aims to promote “fast, secure and borderless” transactions. Tech giant Sony and USD Coin (USDC) issuing company Circle have partnered to integrate the stablecoin into the recently launched Soneium … Read more