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FinTech company and issuer of USD Coin (CRYPTO: USDC), Circle introduced the native stablecoin liquidity access on the Layer-1 Blockchain NEAR (CRYPTO: NEAR) protocol ecosystem. Circle has officially issued Native USDC and is always redeemable 1:1 for U.S. dollars.
Effective today, users of USDC sablecoin can natively send and receive it for personal and corporate usage. Circle yet again expands its range of blockchains for USDC by a non-EVM blockchain.
Fintech firm and USDC issuer Circle announced stablecoin liquidity access on the NEAR protocol blockchain. Users can capitalize on NEAR's enhanced scalability and speed to build user-friendly apps with USD Coin using known programming languages such as Rust and JavaScript.
Circle, a prominent stablecoin company, has made a significant announcement regarding its USD Coin (USDC) cryptocurrency. USDC is a stablecoin, and Circle has revealed that it is now natively available on the NEAR blockchain.
Financial technology company Circle, the issuer of USD Coin (USDC), announced the native stablecoin liquidity access on the NEAR protocol ecosystem. The USDC NEAR access can be gained from Circle Account and Circle APIs, the company announced on Wednesday.
As the list of Web3 players is growing, the Kresus crypto SuperApp has extended its crypto cash-out service, allowing users to off-ramp at 0% fees when they withdraw USDC through integrating with Coinflow Labs. On- and off-ramp processes are one of the weak links connecting the crypto economy to the broader financial system.
Kresus collaborates with Coinflow to offer a groundbreaking USDC off-ramp, allowing users to withdraw up to $100K without fees.
Crypto lending firm Ledn announced on Sept. 12 that its interest-bearing Growth Accounts now support both of the crypto market's leading stablecoins.
In a world where financial stability is a prized commodity, the USD Coin (USDC) stands out as a beacon of security and liquidity. As the cryptocurrency market continues to witness its fair share of turbulence, Gordon Liao, Chief Economist at Circle, the company behind USDC, delivered an insightful revelation during a recent webinar.
In the realm of content creation, three fundamental factors come into play: “perplexity,” “burstiness,” and “predictability.
Kresus and Coinflow Labs introduce a USDC off-ramp service, offering crypto conversions with no associated fees.
Qredo has taken a significant step towards addressing the challenges of gas fees in the blockchain space by integrating Circle's USDC stablecoin and unveiling the CIRCLE USDC toolkit.
The Web3 SuperApp, Kresus, has just expanded its crypto cashout service to enable customers to withdraw funds of up to $100,000 into their bank accounts, without incurring any transaction fees.
A recent report from S&P Global highlighted the unpredictability of what are supposed to be the digital currency world's safe havens — stablecoins. Analysts Dr.
Stablecoins from Circle and MakerDAO have been less stable than those from Tether and Binance in the last couple of years, states a new S&P Global report.
The new toolkit allows USDC to be the ultimate gas token on any blockchain.
Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of years, according to a new report from S&P Global.
Visa, a long-established heavyweight in the financial world, is taking a transformative step into the cryptocurrency domain. Recognizing the expansive potential of digital currencies, the company is integrating Solana blockchain and the USDC stablecoin to enhance its cross-border payment system. The primary objective behind this move is to expedite global transactions.
USDC's outflows were averaging around $25 million a day through August, but Circle's chief economist says that the stablecoin provider is maintaining better liquidity coverage than most US banks.
In a significant move that has sent ripples through the cryptocurrency world, Coinbase, the San Francisco-based cryptocurrency exchange, has once again upped the ante by announcing an increase in the interest rates offered to holders of its USD Coin (USDC). The annual percentage yield (APY) on USDC holdings has been raised to an impressive 5%, a noteworthy improvement from the 4% rate introduced earlier this year.
Rewards for holding such coins are regulatory compliant. The Coinbase move comes following confirmation that stablecoins are not regarded as unregistered securities offerings.
Coinbase is now offering up to a 5% interest rate on any USDC held on the exchange, up from the 4% introduced earlier in the year. Based on historical data from the company's website, the increase marks an impressive 150% bump from the 2% reward rate on USDC that was active as of June 9.
Circle has executed a strategic move that has reduced the circulation of its USDC stablecoin by a substantial $200 million.
In a recent revelation, Michael Barr, a vice chair for supervision at the US Federal Reserve, has voiced apprehensions over the growing influence of unregulated stablecoins pegged to the US
