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ForkLog 16 21.07.2023

Utopia Labs launches USDC-based B2B solution

The Paradigm-backed firm Utopia Labs launched an Ethereum-based solution that allows companies to 'transfer USDC to any US bank account in the United States'.

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ForkLog 7 27.06.2023

CEO Circle: Hong Kong to Become a Hub for the Digital-Asset Market

Hong Kong will strengthen its position in the digital-asset and stablecoin markets. This view was expressed by Circle CEO Jeremy Allaire, the USDC co-emitter, Bloomberg reports.

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ForkLog 14 26.06.2023

MakerDAO trims reliance on USDC as collateral

The DeFi project MakerDAO has sharply reduced its share of USD Coin (USDC) in the total collateral for borrowing DAI.

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ForkLog 19 13.06.2023

CEO Circle to urge US Congress to pass stablecoin law

CEO Circle Jeremy Allaire: passage of the stablecoin law would support the dollar's competitiveness.

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ForkLog 18 01.06.2023

Circle launches USDC on Arbitrum network

Circle, a member of the Centre consortium, planned to launch the USDC stablecoin on the Layer-2 Arbitrum network on June 8.

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ForkLog 9 29.05.2023

Rising economic uncertainty strengthens Tether at USDC’s expense

USDC's share over the past year declined from 34.9% to 23.1%, while Tether's share rose from 47% to 65.9%. CoinGecko reports these figures.

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ForkLog 11 18.05.2023

USDC issuer channels $8.7 billion into repos as a hedge against a US default

Circle, the issuer of USD Coin (USDC), transferred $8.7 billion into the stablecoin's collateral from T-Bills maturing after May 31 into an overnight repo.

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ForkLog 15 11.05.2023

Circle increases stake in US Treasury bills amid US default risk

The issuer of USD Coin (USDC), Circle, revised the collateral structure of the stablecoin in favour of short US Treasury bills to mitigate potential technical default risk.

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ForkLog 18 26.04.2023

Circle launches cross-chain USDC transfers between Ethereum and Avalanche

Circle, the issuer of {{AOPEN_1}}USD Coin (USDC){{ACLOSE_1}}, launched on mainnet the Cross-Chain Transfer Protocol (CCTP) to move {{AOPEN_2}}stablecoin{{ACLOSE_2}} across blockchains. The solution is initially implemented for Ethereum and Avalanche.

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ForkLog 12 26.04.2023

Circle CEO attributes USDC’s decline in market capitalization to regulator actions

Regulatory actions against crypto firms have been the main factor behind the decline in {{AOPEN_1}}USDС{{ACLOSE_1}}'s market capitalization. In an interview with Bloomberg, Circle CEO Jeremy Allaire said.

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ForkLog 23 11.04.2023

USDC supply stabilises after Silicon Valley Bank collapse

Following a wave of USDC redemptions linked to the SVB collapse and the loss of dollar parity, the coin's supply slowed its decline.

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ForkLog 18 29.03.2023

Circle to launch USDC stablecoin in the Cosmos ecosystem

The USD Coin (USDC) stablecoin from the issuer Circle will be launched in the Cosmos ecosystem. The issuing platform will be the Noble project.

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