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Circle discontinues the support of USDC on TRON blockchain, halting USDC minting immediately.

Circle announced that it will phase out support for USDC on TRON and has immediately ended USDC minting services on the blockchain.

The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.”

Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday "aligned with its efforts to ensure that USDC remained trusted, transparent and safe".

Stablecoin issues Circle has published an update, entitled State of the USDC Economy. A new internet financial system is emerging, according to Circle.

The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the adoption of digital assets.

Solana Mobile, Solana Labs' smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2's payments were completed using USDC, with no payment processing fees associated.

TL;DR Moonwell launches “USDC Anywhere”, facilitating cross-chain lending of USDC across multiple Ethereum networks. The feature utilizes Circle's Cross-Chain Transfer Protocol (CCTP) and Socket technology to simplify and secure DeFi transactions. It allows users to lend and borrow USDC within minutes from major Ethereum networks like Arbitrum, Optimism, Polygon, and Avalanche.

In the rapidly evolving world of digital finance, a groundbreaking innovation has emerged, poised to redefine the landscape of decentralized finance (DeFi) and blockchain technology. Today marks the official launch of “USDC Anywhere,” a revolutionary feature from Circle, the creators of the highly popular stablecoin USDC.

The Cardano Founder isn't keen on inviting centralization into the network by integrating asset-backed stablecoins.

The tool, powered by Base, also lets users leverage their digital assets to send USDC throughout the Ethereum ecosystem.

Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively.

Zeitgeist, a prominent decentralized predictions platform, has announced the integration of USDC, a leading stablecoin, into its ecosystem, aiming to bolster stability and accessibility for users.

As the #2 stablecoin, USDC is important to the crypto space. Today, we find out more about what the team behind USDC has in store for it in 2024.

The Celo Foundation is pleased to announce that Circle will launch USDC natively on Celo to further everyday adoption of digital currencies and assets. Celo claims it is a carbon-negative, mobile-first, EVM-compatible blockchain “built for the real world.

ADA stands tall above $0.5, USDC pressures gets to Hoskinson, and more on Project Catalyst Fund 11.

The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo's stablecoin offerings but also positions USDC to become an official gas currency on the blockchain.

In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in their supplies, with increases of 4.8% and 7.2% respectively.

The Celo Foundation recently announced that Circle's USD Coin (USDC) will launch natively on the Celo blockchain. This move is expected to enhance the functionality of USDC and extend its convertibility into various fiat currencies.

Circle filed for an initial public offering (IPO) on Jan.

Stablecoin-issuer Circle says it's bringing USDC to the Celo (CELO) blockchain, according to a new press release from The Celo Foundation. The Celo protocol is an Ethereum Virtual Machine (EVM) compatible blockchain that bills itself as “mobile first,” and is in the process of migrating into becoming a layer-2 solution.

The hookup between Celo and Circle will benefit both sides as Celo continues to advance real-world use cases and Circle expands its reach.

The fee rates vary according to transaction amounts and will be directly assessed from the conversion amount.

Circle's USD Coin (USDC) stablecoin has expanded to the Celo Network to enhance cross-border payments and peer-to-peer transactions. The Celo Foundation, in a Jan. 30 statement shared with CryptoSlate, highlighted the potential of this expansion to facilitate local currency conversions seamlessly.