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Binance will make USDC more available to its customers and adopt the stablecoin for its own corporate treasury.

The partnership will bring more USDC trading pairs, special promotions on USDC across trading and other products, Binance CEO Richard Teng said.

As new stablecoin rules take effect in Europe, Coinbase announced the end of USDC rewards for European users.

Security concerns have surfaced regarding Sky's Lite PSM system, where $756 million in USDC is controlled by an externally owned account, raising questions about potential vulnerabilities and withdrawal risks.

Circle announced this week that USDC became the first stablecoin to gain compliance with new Canadian digital asset regulations. Canada's new regulations call for delisting noncompliant stablecoins after December 31st.

Circle's USDC became the first stablecoin to meet Canada's Value-Referenced Crypto Asset (VCRA) framework requirements.

Sui, the layer-1 blockchain platform, has seen its native token's value rise to a new all-time high of $4.40, with gains of over 16% in the past 24 hours. The blockchain network, which has witnessed significant growth across its DeFi, gaming, and real-world assets ecosystems, ranks as the 20th largest cryptocurrency by market.

Circle and Pockyt partner to simplify global commerce with USDC integration.

Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.

Copper, a digital assets custody and collateral management platform, has integrated support for the USDC stablecoin on Sui. The platform announced on Dec. 5 that USDC (USDC), a U.S.

Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.

Less than 6% of Circle's workforce has been slashed following a review of its operations.

Circle, the issuer of the USD Coin stablecoin, has partnered with Pockyt, a global payments platform, to offer USDC-based pay-in and payout solutions for merchants worldwide. This collaboration also incorporates Circle's programmable wallets, creating a “Web2.

Circle has reduced its workforce by less than 6%, saying the layoffs are part of a routine review of investments and expenses as the company continues its global expansion.

The job cuts amount to "less than 6% of Circle's workforce," according to a company spokesperson.

Circle's compliance milestone promises streamlined cross-border transactions, reduced costs, and a strengthened trust framework for Canadian users.

USDC issuer Circle has announced that its regulated subsidiary is the first stablecoin issuer to meet the new regulatory requirements set by Canadian authorities. The move allows Circle's U.S. dollar-backed stablecoin, USDC, to remain available on registered crypto asset trading platforms in Canada.

The developer reported being locked out of Coinbase after attempting to make a transfer using its native stablecoin.

Turkey's crypto regulator reports 14 companies, including QNB Digital Assets, have filed for liquidation.

The top US-based crypto exchange by trading volume is ending its USDC Rewards program for European users. According to a screenshot shared by Marina Markezic, Coinbase is letting European Economic Area (EEA) clients know that USDC staking is coming to an end due to Markets in Crypto-Assets (MiCA) regulations.

With the full application of MiCA anticipated in December 2024, Coinbase is working to ensure its offerings in the EEA are compliant.

Coinbase has made waves in Europe after announcing that it would no longer offer its rewards program for USD Coin (USDC), a decision driven by new crypto regulations in the region.

USDC rewards will continue until Nov. 30, with final payouts by mid-December. MiCA's new rules require e-money token issuers to be licensed as electronic money institutions.

The European Union's Markets in Crypto-Assets (MiCA) laws are forcing the exchange to shut down its USDC rewards program. This change affects the European Economic Area (EEA), a group of 30 countries that includes all EU member states, Iceland, Norway, and Liechtenstein.