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The agreement was made in a memorandum of understanding, but SBI Holdings must first register as an electronic payment instruments service provider in the country.
November's financial landscape witnessed a remarkable upswing in Solana's ecosystem, particularly in the realm of USDC transactions. Data meticulously gathered from the Solana network indicates an unprecedented volume of $71 billion in USDC transfers.
A Solana (SOL) competitor is suddenly soaring amid news that stablecoin issuer Circle (USDC) is investing in the blockchain project. The Sei Network (SEI), the new layer-1 blockchain that claims to be a blockchain faster than Solana, reached a high of $0.
Circle, the force behind the widely adopted USDC stablecoin, has introduced a groundbreaking development with the launch of its new 'Bridged USDC Standard.'
Circle, a prominent issuer of stablecoins, has introduced a new standard to simplify the process of launching its stablecoin, USDC, on different networks.
Circle has introduced a new and simpler way for any ethereum-virtual machine (EVM) blockchain to deploy a bridged form of USDC on chain.
Circle, the company behind the widely used USDC stablecoin, announced the launch of a new ‘Bridged USDC Standard'. This initiative revealed in a recent blog post, aims to streamline the deployment of USDC across various blockchain networks, marking a notable advancement in the token's accessibility and functionality.
The firm behind the second-largest dollar-pegged crypto asset by market cap is launching a new token standard for their stablecoin. According to a new announcement, Circle is introducing the Bridged USDC Standard, a new standard and process for deploying a bridged form of USDC on Ethereum Virtual Machine (EVM) blockchains.
The standard is a tool developed by Circle to bootstrap USDC deployment across multiple blockchains with a view to keeping up with emerging L1 and L2 networks.
In the continued quest to facilitate the expansion of its USDC stablecoin to new blockchain networks, Circle has taken an innovative step by introducing the “Bridged USDC” standard. This initiative, revealed in a recent statement, seeks to simplify the process of launching USDC on different platforms through a two-phase methodology.
Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.
Circle has unveiled a groundbreaking initiative with the launch of the bridging USDC standard, a strategic solution aimed at expanding the utility of USDC and mitigating fragmentation within the crypto space.
Coinbase has recently upped the ante on interest rates for USD Coin (USDC), a stablecoin pegged to the US dollar. This move comes amid a period of fluctuating supply levels and regulatory scrutiny.
Exploring Coinbase's USDC interest rate surge and the dwindling USDC supply amid evolving cryptocurrency landscapes and investor choices.
Several Coinbase users have reported that the exchange offers up to a 6% interest rate on any USD Coin (USDC) held on the platform.
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.
