Your Daily Digest of Global Stories
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…
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…
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…
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…
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…
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…
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…
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…
