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Circle, a stablecoin issuer, has announced its investment in a new layer-1 blockchain with the goal of broadening the applications for USDC, its digital asset pegged to the dollar.
USDT's rise has overshadowed USDC's struggles this year.
Stablecoin issuer Circle is investing in a new layer-1 blockchain as a means of expanding the use cases for USDC, its dollar-pegged digital asset.
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%.
Circle, the issuer of the stablecoin USDC (CRYPTO: USDC), has introduced the Circle Alliance Program. This initiative aims to unite businesses, institutions, and protocols across various sectors such as fintech, traditional finance, consumer applications, payments, banking, and Web3.
Circle Ventures, the venture arm of the stablecoin issuer Circle, invested in Sei to expand the USDC ecosystem.
In a significant development for the blockchain industry, Sei, the layer-1 blockchain launched in August, has announced a strategic investment from Circle, the issuer of USD Coin (USDC). This partnership signals a major expansion for both entities and underscores the growing importance of stablecoins in the digital asset ecosystem.
The digital currency company Circle recently unveiled Circle Mint in Singapore, a groundbreaking zero-fee minting facility for its USDC stablecoin. This strategic move, aimed at strengthening Circle's foothold in the burgeoning Asian market, marks a significant step in the company's efforts to counterbalance the declining popularity of the USDC stablecoin.
On Tuesday, November 14, Circle, the issuer of the USDC stablecoin, made a big announcement. They introduced a new feature called Circle Mint, which allows people to create USDC with zero fees.
In a major announcement on Tuesday, November 14, USDC-stablecoin issuer Circle introduced its zero-fee minting facility dubbed Circle Mint. Currently, Circle will be launching this facility only in Singapore since it secured the Major Payments Institution (MPI) license from the MAS.
Circle's CCTP was available on Noble's testnet on Nov. 3 and will launch on the network's mainnet on Nov. 28.
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism.
Circle has unveiled a new v2.2 upgrade to USDC and EURC that significantly reduces gas costs, improves support “for account abstraction, and further bolsters security for transactions on EVM blockchains.
Bitcoin's rally continued and a number of other alts experienced powerful gains this week—for a number of reasons.
Circle's v2.2 upgrade for USDC and EURC, features reduced gas costs, improved support for account abstraction, and heightened security on EVM blockchains.
Circle noted that the new upgrade would bring about a 7% increase in gas efficiency. Also, the development would expand to new blockchains apart from the first set.
Yesterday, Circle announced that it planned to release version v2.2 for USD Coin (USDC) and Euro coin (EURC) with the intention of improving certain aspects of these stablecoins.
Circle, the issuer of USD Coin (USDC), has announced a significant upgrade to its stablecoin, aiming to enhance usability and security. The upgrade, known as v2.2, introduces several improvements, including account abstraction, enhanced security, and lower gas fees.
Circle has announced a new v2.2 upgrade for its usd coin and euro coin digital stablecoins. The changes aim to significantly reduce gas costs, enable new use cases, and bolster security. Circle Unveils 2.
Circle confirmed that a new v2.2 upgrade to USDC and EURC will add new features and sharpen the existing ones. What Happened: The new features of the announced upgrade include decreased gas costs, better support for account abstraction, and increased security for transactions on EVM blockchains, as reported by a company statement.
Circle has initiated the v2.2 upgrade for its USDC and EURC stablecoins, promising reduced transaction costs, improved security, and seamless integration for EVM blockchain transactions.
Stablecoin issuer Circle has announced an upgrade to reduce transaction fees by approximately 7%.
New features include decreased gas costs, better support for account abstraction and increased security for transactions on EVM blockchains.
