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.
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.
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 […]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, […]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 […]
Argentina Registers First Company with Bitcoin and USDC Capital
Argentina’s Ministry of Justice has registered a legal entity with a capital of 0.00457621 BTC and $194.99 in USDC. This marks the first instance following the adoption of the relevant regulation. According to Bitcoincom, Argentina’s Ministry of Justice reported that a company has been registered using cryptocurrency, the first in the country after a regulation. […]
Circle Secures First MiCA-Compliant Stablecoin License
Circle Mint France has been granted the right to issue euro-denominated stablecoins EURC and USDC in the EU under MiCA. This was made possible by the firm’s acquisition of an Electronic Money Institution (EMI) license from the ACPR. BREAKING NEWS: @Circle announces that USDC and EURC are now available under new EU stablecoin laws; Circle […]
Stablecoin Market Capitalisation Surpasses $160 Billion
The combined market capitalisation of stablecoins has surpassed the $160 billion mark.
USDC Surpasses USDT in Monthly Transactions
The stablecoin USDC has overtaken the segment leader, Tether’s USDT, in the number of monthly transactions, analysts at Visa have observed. According to their data, in April 2024, there were 166.6 million transactions in USDC compared to 163.6 million in USDT. The stablecoin from the Centre consortium first pulled ahead in December 2023, with 145 […]
Stripe to Reintroduce Cryptocurrency Payments After Six-Year Hiatus
Payment service Stripe has announced plans to support transactions in the stablecoin USDC this summer. Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and automatically convert to fiat. Join the waitlist https://t.co/hws2OsU3Id and watch the demo (h/t @Solana) from Sessions. pic.twitter.com/zGKYW2FM6i — John Collison (@collision) April 25, […]
Binance Converts $1 Billion SAFU Fund to USDC
The cryptocurrency exchange Binance has converted assets from its Secure Asset Fund for Users (SAFU), valued at $1 billion, into the stablecoin USDC. Today, all SAFU assets will be converted to $USDC, bolstering reliability and stability at $1bn. Read more ? https://t.co/Dggl3CdQYU — Binance (@binance) April 18, 2024 The platform established this emergency insurance structure […]
Binance to End Support for USDC on TRON Blockchain
On April 5, Binance will cease accepting deposits and withdrawals of USDC stablecoins issued on the TRON blockchain. This decision follows a month after the withdrawal of support by the issuer, Circle, for the asset on this network. Company representatives explained at the time that the decision was “the result of a corporate-wide approach that […]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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