USDC | ForkLog

ForkLog 19 09.08.2022

Circle freezes USDC on Tornado Cash addresses amid U.S. sanctions

Circle has blacklisted USDC addresses of the Tornado Cash mixing service following OFAC sanctions.

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ForkLog 9 26.07.2022

Arcane Research: USDC to overtake USDT in market capitalization this autumn

Arcane Research forecast continued growth in USDC's market capitalization from Circle and a further decline in the market share of the largest stablecoin — USDT from Tether.

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ForkLog 18 15.07.2022

Circle releases first monthly report on USDC reserves

$42.12 billion of the USD Coin (USDC) collateral was held in U.S. Treasuries, $13.58 billion in cash at regulated banks. Such data are contained in Circle's unaudited co-emitter report as of the end of June.

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ForkLog 22 04.07.2022

Circle CEO reveals details of USDC backing

Co-founder and Circle CEO Jeremy Allaire presented details of how USD Coin (USDC) operates. The initiative aims to bolster trust amid industry difficulties following the Terra collapse.

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ForkLog 33 17.06.2022

USDT market capitalisation slides below $70 billion

The total market value of issued Tether stablecoins USDT fell to $69.3 billion. The last time such a figure was seen was in October 2021.

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ForkLog 10 08.06.2022

Circle adds Polygon network support for USDC

Circle, the operator of USD Coin (USDC), added Polygon on its payments platform to enable use of the stablecoin on Polygon’s Layer 2.

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ForkLog 16 24.05.2022

Muse frontman invests in Pebble, a crypto startup

The frontman of the British rock band Muse, Matthew Bellamy, has invested in Pebble, which has raised $6.2 million in seed funding.

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ForkLog 23 23.05.2022

Circle begins weekly reporting on USDC reserves

Circle, the operator of the second-largest stablecoin USD Coin (USDC), published reserve data. The firm intends to disclose information weekly, its chief executive Jeremy Allaire said.

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ForkLog 22 14.05.2022

Circle: USDC fully backed by dollars and US Treasuries

Circle published information on its reserves and the issuance dynamics of USDC.

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ForkLog 16 03.05.2022

Jane Street to raise $25 million in USDC through the crypto-lending platform Clearpool

One of the largest market makers, Jane Street, has agreed with the crypto hedge fund BlockTower Capital to secure a USDC loan of about $25 million through the institution-focused lending protocol Clearpool.

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ForkLog 23 12.04.2022

Circle announces $400 million funding round with Fidelity and BlackRock

The Circle Internet Financial, the company behind the stablecoin USD Coin (USDC), said it was in talks to raise $400 million with the participation of BlackRock, Fidelity Management and Research, Marshall Wace and Fin Capital.

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ForkLog 25 01.04.2022

BNY Mellon named primary custodian of USDC reserves

Circle has named BNY Mellon as the primary custodian for the reserves of the USD Coin (USDC) stablecoin.

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