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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.

TL;DR USDC on Celo: Circle will launch its USDC stablecoin on the Celo network, a strategic collaboration for fast and affordable payments. Celo Governance Vote: Upcoming vote on Celo to decide whether USDC will be the official gas currency on the network, crucial for efficient transactions.

Circle is set to launch its U.S. Dollar-pegged stablecoin, USDC, on the Celo blockchain network.

Imminent vote on Celo governance: USDC could become the official gas currency.

Circle, the entity behind major stablecoins like USDC and EURC, has announced its decision to introduce its USD-pegged stablecoin on the Celo network. Notably, Celo, initially an EVM-compatible Layer 1, is in the process of evolving into an Ethereum Layer 2 scaling solution.

Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.

An imminent governance vote will determine if the stablecoin USDC should become Celo's official gas currency.

Cryptocurrency exchange Coinbase will charge a fee for converting the stablecoin USD Coin (USDC) into USD. According to a Jan.

The changes will be charged to institutional customers for conversions exceeding 75 million dollars.

Crypto exchange Coinbase said Monday that it rolled out a new fee structure for USDC to USD conversions over $75 million.