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FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic conversion of USD Coin (USDC) into USD upon deposit for a seamless experience.
Robinhood is making USDC available on Polygon and Ethereum networks.
FV Bank, a digital/digital asset bank, has integrated USDC, Circle's dollar-based stablecoin. The new service enables account holders the ability to instantly convert USDC into US dollars at the moment of deposit.
Retail trading giant Robinhood just added top stablecoin USD Coin (USDC) to its list of supported digital assets as the platform sees reduced trading activities due to the crypto winter. In a new announcement via Twitter, the company says that the second largest dollar-pegged stablecoin is now included in its trading roster, effective September 21st.
FV Bank and Circle announced an integration enabling USDC deposits into customers' bank accounts. The post FV Bank and Circle announce integration for USDC deposits appeared first on The Block.
Several companies have added USDC to their platforms.
Robinhood has announced that it has listed the market's second-largest stablecoin, USDC, on its trading platform. Robinhood's First Stablecoin Earlier today, Robinhood announced that it had adopted the first stablecoin into its trading platform - USD Coin (USDC).
Apart from USDC support, FV Bank also plans to launch a custody service in Q4 2022, targeting major coins like Bitcoin and Ethereum.
Binance and then WazirX delisted the stablecoin, but the US platform decides to do the opposite
After top crypto exchange Binance announced plans to soon end support for USDC transactions, the stablecoin made a big move. Circle, the company behind the second largest stablecoin, has now joined hands with investment platform Robinhood.
Robinhood hasn't been shy about it's desire to be a player in crypto. The platform has had a few years of ups and downs as it's navigated it's crypto offerings.
Robinhood, a renowned stock and cryptocurrency brokerage, listed the second-ranking stablecoin in terms of market capitalization-USDC earlier today as part of the digital assets currently listed on the brokerage.
USDC is the first stablecoin among Robinhood's 18 other supported crypto assets.
The USDC crypto is enjoying its status as the first stablecoin listed on Robinhood's rapidly growing crypto trading platform.
Users will be able to transfer the stablecoin from the Polygon and Ethereum networks on Wednesday.
Online brokerage platform Robinhood Markets Inc (NASDAQ: HOOD) announced on Tuesday the listing of the second-largest stablecoin by market capitalization, USD Coin (CRYPTO: USDC), on its platform. Robinhood also began listing Cardano's native cryptocurrency (CRYPTO: ADA) on Sept.
Robinhood today announced that it would be adding the industry's second-largest stablecoin as part of its crypto push.
Popular trading app has announced it now supports USD Coin
WazirX, which is the largest crypto trading platform in India, has followed suit in Binance's footsteps and removed the USDC stablecoin from its listings. USDC To Be Exchanged For BUSD India's leading crypto platform is mirroring the world's largest crypto exchange in removing the USD Coin from its listings.
WazirX, India's largest cryptocurrency exchange by trade volume, is following in the footsteps of Binance and has delisted three stablecoins.
The exchange has decided to also delist USDP and TUSD
Coinspeaker WazirX Announce USDC Delisting, Auto-Converting to BUSD
WazirX, India's largest cryptocurrency exchange by transaction volume, said that it will no longer accept deposits of the stablecoins USDC, USDP, and TUSD and will convert users' existing balances to Binance's USD-backed stablecoin BUSD at a 1:1 ratio. WazirX will start auto-conversion on or before October 5 and may alter the list of stablecoins eligible
India's largest crypto exchange WazirX has announced that it'll stop supporting USDC, USDP, and TUSD on September 26 to “enhance liquidity and capital efficiency.
