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In a recent development within the cryptocurrency sphere, Panos Mekras, a renowned blockchain advisor specializing in the XRP Ledger (XRPL), has sparked discussions regarding the integration of USDC onto the XRPL. Mekras, known for his insights into blockchain technologies, took to social media to shed light on the absence of USDC on this ledger.
Robinhood's Europe wing has listed USD Coin (USDC) on its platform recently, expanding its offerings to over 25 cryptocurrencies. In addition, the crypto exchange has rolled out a program for USDC holders that can help them earn up to 10% rewards.
Binance adds Axie Infinity, PAX Gold, Pendle, Render, and USD Coin to its Flexible Rate Loans offerings, enhancing its financial services suite.
KuCoin's latest research highlights a major shift in the crypto market to extreme greed, backed by a $4.55 billion rise in stablecoins USDT and USDC, signaling increased market liquidity.
The Solana network witnessed the minting of $250 million in USDC.
ShapeShift CEO and Founder Eric Voorhees recently raised concerns about the decentralized finance (DeFi) arena by pointing out the extraordinary returns being generated by stablecoins such as Tether (USDT) and (USDC) on platforms like Compound. This statement comes amid the latest update on SEC and ShapeShift fiasco that witnessed the latter paying a fine.
Circle has introduced a new pre-mint address for USDC on the Solana blockchain, streamlining operations in anticipation of the Cross-Chain Transfer Protocol launch.
SafePal, a hardware wallet provider for cryptocurrencies, announced a strategic investment in Swiss bank Fiat24.
TL;DR SafePal Launch: SafePal has introduced a USDC Visa Card in collaboration with Fiat24, offering an in-app banking gateway and a virtual crypto Visa card to merge crypto with traditional banking.
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.
Bitcoin is on fire, smashing through the $65,000 mark for the first time. This surge has triggered a frenzy in the world of altcoins, with investors seeing big gains. Here's what's happening according to Altcoin Buzz: The analyst notices that expert Geoffrey Kendrick thinks Bitcoin will hit $200,000 by 2025.
The stablecoin is becoming an increasingly popular choice among market participants, recovering losses from its rocky 2023 run.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the rally in bitcoin (BTC) and ether (ETH) continues. Plus, insights on the increasing liquidity of Circle's USDC stablecoin.
In Japan, the response to the burgeoning stablecoin sector has been proactive and regulatory in nature. The nation has instituted a new regulatory framework specifically for “Electronic Payment Instruments Services” (EPIS) that deal with stablecoins.
The stablecoin market is experiencing a strong recovery in recent months: the market cap has finally returned above $140 billion.
As the cryptocurrency market is expected to enter into a bullish era soon as it undergoes a new phase in its market cycle, the resurgence of USD Coin aka the USDC, the second-largest stablecoin by market cap, is gaining significant heights. Recent reports show its impressive surge in liquidity, surpassing its competition coins.
TL;DR The Circle's USDC has experienced notable growth in non-US markets in recent months, with a market capitalization surpassing $28 billion. This resurgence in the market is attributed to several factors. A recent Coinbase report indicates renewed interest in the stablecoin, driven by the overall upturn in the crypto market and growth in international markets.
Total market cap of the dollar-linked coin has increased faster than larger rival USDT's in recent months.
Circle announces a new partnership to bring programmable USDC wallets to the Metaverse.
Users of the TRON blockchain network will no longer be able to use USDC natively. The announcement was made by Circle in a blog post.
Stablecoin issuer Circle has teamed up with Krafton-backed Overdare to expand the use cases of programmable USDC wallets. In a blog announcement on Feb.
The cryptocurrency market is deeply intertwined with technological advancements. From the development of new blockchain protocols to enhancements in crypto security, staying informed about tech trends is crucial.
Tron's daily network revenue rallied to an all-time high on the day Circle decided to stop minting USDC on the chain.
