USDC | ForkLog

ForkLog 9 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 8 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 8 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 10 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 7 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 14 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 10 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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ForkLog 10 18.03.2023

Moody’s: USDC depeg could erode trust in stablecoins

Analysts at Moody’s believe that the recent depegging of USD Coin (USDC) from the US dollar could hamper the development of stablecoins and lead to tighter regulation.

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ForkLog 7 16.03.2023

USDT doubles USDC in market capitalization

USDT's market capitalization rose to $74.7 billion, almost double that of its nearest competitor.

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ForkLog 11 15.03.2023

Circle trims USDC supply by 4.5 billion coins in five days

From March 10, Circle, the co-issuer of the stablecoin USD Coin (USDC), redeemed about 6.2 billion USDC, according to data from Arkham.

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ForkLog 16 13.03.2023

Circle reassures on resolving USDC banking-support issues.

The price of the stablecoin USDC has nearly returned to par amid statements from regulators and the coin’s issuer, Circle.

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