USDC | ForkLog

ForkLog 20 13.01.2025

New York attorney-general to serve suspected crypto fraudsters with NFTs

As part of a fraud probe, New York attorney-general Letitia James will send suspected offenders notice of the proceedings in the form of an NFT. According to investigators, from January to June 2024 a group of scammers sent US residents messages offering remote jobs on behalf of real companies. The “work” consisted of writing online […]

AI translated

ForkLog 240 31.12.2024

Coinbase’s Advantage and Traders’ Revenue Decline Amid Potential USDT Ban in the EU

Cryptocurrency exchanges registered in the EU are gradually phasing out the stablecoin USDT as the MiCA regulation comes into effect, given that its issuer, Tether, has yet to obtain the necessary license. Experts consulted by ForkLog suggest that Coinbase could emerge as the primary beneficiary of this market shift. Its partner company, Circle, already holds […]

AI translated

ForkLog 12 13.12.2024

Polygon Community to Consider $1.3 Billion Allocation on Ethereum Bridge

The Polygon community will evaluate a proposal to leverage over $1.3 billion in reserves held in DAI, USDC, and USDT for profit generation. These funds are currently locked on the PoS Chain and Ethereum bridge. The initiative has been put forward by Web3 risk providers Allez Labs and the teams from Morpho and Yearn. The […]

AI translated

ForkLog 10 11.12.2024

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 […]

AI translated

ForkLog 90 10.12.2024

Tether Reveals USDT Holder Statistics

As of the start of the fourth quarter of 2024, there were 109 million USDT holders, more than double the number of Bitcoin holders and close to Ethereum’s 128 million. These figures were reported by Tether. The company noted that these numbers make USDT one of the most widespread digital assets. For their analysis, specialists […]

AI translated

ForkLog 20 10.12.2024

Stablecoin Market Capitalization Surpasses $200 Billion

The combined market capitalization of stablecoins has reached $204 billion, marking a 3% increase over the past seven days. Coinbase attributed this trend to a sharp rise in on-chain lending rates. USDT ($138.45 billion) accounts for 67.8% of the total token supply. The share of USDC is 19.9% ($40.69 billion). Data: CoinGecko. “[The increase in […]

AI translated

ForkLog 21 11.10.2024

Stripe Introduces USDC and USDP Payment Service

Payment service provider Stripe has incorporated stablecoins USDC and USDP as payment options on its checkout page, reports Bloomberg. On the first day, customers from over 70 countries utilized this option. “We are doing what internet businesses need, which is to reach more customers at lower costs. ‘Stablecoins’ are showing early signs of being able […]

AI translated

ForkLog 24 19.09.2024

Louisiana Approves Bitcoin and USDC for State Services

John Fleming, the Treasurer of Louisiana, USA, has integrated Bitcoin and the Lightning Network, as well as the stablecoin USDC, into state operations. Residents will be able to pay for services from any wallets. A special service will convert incoming digital assets into US dollars, which will then be credited to state accounts. This will […]

AI translated

ForkLog 8 17.09.2024

Circle to Launch USDC Stablecoin on Sui Blockchain

Circle, the company behind the second-largest stablecoin by market capitalization, USDC, is integrating with the high-performance Sui blockchain.

AI translated

ForkLog 42 26.08.2024

Stablecoin Market Capitalization Reaches Record $168 Billion

The combined market capitalization of stablecoins has reached a new all-time high of $168 billion, marking an 11-month streak of growth. And just like that, we’re at a new all-time high. Total stablecoin market cap, excluding algorithmic stables, is now at the highest point ever, surpassing its previous high from early 2022. New money is […]

AI translated

ForkLog 8 15.08.2024

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, […]

AI translated

ForkLog 36 08.08.2024

Jump Trading Withdraws Additional $32.6 Million in USDC from Binance

On August 8, trading firm Jump Trading withdrew $32.6 million in USDC from the cryptocurrency exchange Binance. Analysts at Lookonchain highlighted this transaction. Jump Trading withdrew 32.6M $USDC from #Binance after they transferred $ETH to #Binance to sell yesterday. These $USDC may be deposited in #Coinbase (will likely be exchanged for USD).https://t.co/leaQYUaY0C pic.twitter.com/XfKNief7wl — Lookonchain […]

AI translated

#USDC