Latest News

The growth of Tether (USDT) in Aave V3 on Mainnet

As 2024 swings into gear and crypto volumes ramp up, Binance Futures has decided to throw its traders a bone in the form of $170,000 USDC in rewards. The generous promotional campaign is designed to raise awareness of its new USDC-margined perps.

Circle's USDC, typically pegged to the dollar, experienced unexpected volatility on Binance, dipping as low as $0.76 amidst a market rattled by Bitcoin ETF skepticism and a significant liquidation in derivatives.

Solana-based USD Coin (USDC) transaction volume surpassed that of USDT on the Tron blockchain, according to data from blockchain intelligence platform Artemis. Data from the platform shows that Solana USDC transfer volume reached more than $60 billion on Jan. 1, while that of Tron USDT was around $34 billion.

One of the features of Instant is its compatibility with Solana's USDC, a stablecoin pegged to the US dollar. Zebec Users can now load this digital debit card with USDC effortlessly, providing a stable and reliable alternative to traditional fiat currencies.

Vitalik Buterin, the co-founder of Ethereum, recently executed a transaction that involved transferring 3,300 USD Coin (USDC) amidst a market downturn. This event coincided with Ethereum's price falling by more than 10%, reaching a low of $2,100, and a significant depegging of USDC by 24% against USDT.

Circle's USDC, a prominent dollar-pegged stablecoin, encountered significant volatility today. Notably, the stablecoin's value dipped to as low as $0.74 in three separate instances.

Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.

Vitalik Buterin, the cofounder of Ethereum, the second-largest cryptocurrency by market capitalization, has recently made a significant transfer of USD Coin (USDC), a stablecoin pegged to the U.S. dollar.

Hong Kong recently proposed stringent regulations for stablecoins, signaling its ambitions to become a virtual asset hub. However, the recent development poses potential challenges for popular stablecoins in the market.

Crypto exchange Binance is returning trading pairs with USDC just a year after removing it to concentrate stablecoin liquidity. Cryptocurrency exchange Binance announced in a press release on Dec.

The world's largest crypto exchange Binance on Tuesday said it is listing several crypto in USDC pairs on Binance Spot. Binance plans to add new spot trading pairs for major crypto including Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Polkadot (DOT), and Polygon (MATIC).

Amidst holiday cheer, delve into a festive recap of 2023's top cryptocurrencies, each a unique gift to the industry.

Financial markets regulators in France just granted USDC stablecoin issuer Circle a conditional registration as a Digital Asset Service Provider (DASP).

Circle continues its European push, with conditional French registration and the appointment of former PayPal Coralie Billmann.

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.