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Circle Accelerates USDC Cross-Chain Transfers to Mere Seconds
Circle has unveiled an update to its Cross-Chain Transfer Protocol (CCTP V2), reducing the time for processing cross-network USDC transactions from 13-19 minutes to just a few seconds. CCTP V2 is an enhanced version featuring “a new set of smart contracts and API,” which accelerates asset movement between Ethereum and L2 networks. Circle’s Head of […]Circle CEO Advocates for U.S. Registration of Stablecoin Issuers
Jeremy Allaire, founder and CEO of Circle, stated in an interview with Bloomberg the necessity for mandatory registration of dollar stablecoin issuers in the United States. He argued that the absence of such requirements creates unfair conditions and allows companies to circumvent American laws. Allaire emphasized that rules should be uniform for all market participants. […]USDC transaction volume tops $20 trillion
Improving blockchain infrastructure and clearer regulation made 2024 a positive year for USDC, specialists at the coin’s co-issuer, Circle, said in its annual report. Compared with 2023, the asset’s turnover rose by 78%. The stablecoin’s cumulative transaction volume since launch has exceeded $20 trillion. In November 2024, the monthly figure reached a record $1 billion. […]Circle and Binance Collaborate to Promote USDC
Circle and Binance have forged a strategic partnership to expand the global reach of the USDC stablecoin. BREAKING NEWS: Circle and Binance have entered into a strategic partnership that will accelerate global USDC and crypto adoption. The world’s largest exchange and crypto super app and the world’s largest trusted and compliant dollar stablecoin operator are […]Cryptocurrency Payments to Debut on iPhone
Circle CEO Jeremy Allaire announced the integration of contactless payment functionality Tap to Pay using USDC on iPhone. Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines. https://t.co/D6lsj4saMS — Jeremy Allaire — jda.eth / jdallaire.sol (@jerallaire) August 14, 2024 “[…] Wallet developers, start your engines,” he added. In iOS 18.1, […]Circle to Cease USDC Support on TRON Network
Circle has announced a phased discontinuation of support for its dollar-pegged stablecoin USDC on the TRON blockchain. 1/ We are discontinuing USDC on the TRON blockchain in a phased transition. Effective immediately, we will no longer mint USDC on TRON. Transfers and redemptions of USDC on TRON will continue to operate normally through February 2025. […]We use cookies to improve the quality of our service.
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