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Bank of Korea (BOK) Gov. Rhee Chang-yong highlighted the rapid evolution of the digital financial landscape and its implications for central banks worldwide at a conference, "Digital Money: Navigating a Changing Financial Landscape," last Friday.
USDC stablecoin issuer Circle, based out of the USA, has been facing regulatory scrutiny in its home base, pushing it to look outside and develop partnerships with entities such as Fuze Finance in the UAE,to grow its USDC stablecoin market share in MENA region.
According to initial reports and on-chain data, the attack targeted Aurory's SyncSpace bridge, draining nearly 80% of the AURY-USDC pool's liquidity.
Circle's USDC CCTP goes live on Polygon bringing several benefits to users and developers.
American credit rating agency S&P Global Ratings has revealed its first stablecoin stability assessment report, recognizing USDC and GUSD as ‘strong' assets.
S&P Global Ratings, a leader in providing credit ratings, announced a crucial series of stability assessments for various stablecoins on Dec. 12, rating each asset's stability strength on a five-point scale.
The producer of the S&P 500 assessed eight stablecoins. Tether received the second-lowest rating.
In a strategic move to boost the adoption of its layer-2 network, Base, Coinbase has introduced a groundbreaking feature allowing users to transfer USDC for free. The functionality, accessible through Coinbase's Wallet app under Simple Mode, is part of the exchange's effort to simplify the user experience, particularly for newcomers entering the crypto space.
Recently, the Solana blockchain saw a significant rise in its stablecoin supply, according to DeFiLlama. In just the past week, the total stablecoin supply on the Solana network increased by 8%, reaching around $1.676 billion.
This innovation has opened up a new era for remittances. Allowing users to transact across chains, stabilize their funds, and cash out effortlessly in the Philippines through a range of e-money services.
A bug on an Immediate-or-Cancel order led to the drainage of nearly $700,000 from Lifnity's LFNTY-USDC pool.
Stablecoins like USDC have become a cornerstone in the cryptocurrency ecosystem, offering unique stability and reliability. This article provides an in-depth exploration of the USDC Coin, offering you a detailed understanding of its functions, market dynamics, and the organization behind it, particularly Circle USDC.
Circle and Nubank (NYSE:NU), which claims to be one of the world's largest digital financial platforms serving 90 million customers across Brazil, Mexico, and Colombia, announced a partnership to extend USDC access to Brazilian Nubank customers.
Sui, a cutting-edge Layer 1 blockchain, crafted by the same tech experts behind Meta's Diem blockchain and the Move smart contract language, is making remarkable strides in decentralized finance (DeFi). In just one week, it achieved a significant milestone by surpassing $100 million in bridged USDC, marking a rapid and impressive rise in its influence within the DeFi space.
Sui Network has been rising steadily in DeFi, with $175 million TVL and solidified its position among the top 15 ecosystems by volume.
Jeremy Allaire's stablecoin operator now provides a depot of testnet tokens for blockchain builders to utilize when creating web3 tools and solutions.
Top US-based crypto exchange Coinbase is unveiling instant global transfers of the stablecoin USDC via social media apps. In a new blog post, Coinbase says that users of its crypto wallet can now instantly send money across the world without having to deal with the complexities of bank transfers.
Sui Joins DeFi Leaders, Topping $100M in Bridged USDC
Circle, the issuer of the stablecoin USDC, Nubank, Brazil's leading digital bank, have teamed up to bring USDC to local customers.
In a significant move towards cryptocurrency adoption, Nubank, the Brazilian neobanking unicorn, has partnered with Circle, the issuer of the USDC stablecoin. This collaboration is set to bring enhanced crypto services to Nubank's extensive customer base in Brazil.
Global financial technology firm Circle has collaborated with Nubank, a prominent digital financial platform, to expand the adoption of the US Dollar Coin (USDC) in the Brazilian market.
Tether seems to be emerging as king in the stablecoin race, largely influenced by geography and regulations. As the United States puts further pressure on crypto companies, the rest of the world has decided which stablecoin it wants to use for dollar transactions.
Coinbase Wallet introduced a feature allowing users to transfer cryptocurrencies through a link that can be sent via some of the most popular social media channels and email.
Circle, a global financial technology firm, has joined forces with Nubank, a major digital financial platform, to enhance the reach of the US Dollar Coin (USDC) in Brazil.
