USDC's Circle Takes a Stand in SEC Lawsuit Against Binance
In a legal twist, Circle challenges the SEC's stance on stablecoins in the ongoing case against Binance.
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In a legal twist, Circle challenges the SEC's stance on stablecoins in the ongoing case against Binance.
More than $20 million in USDT and USDC stablecoins on PulseChain are in the balance, vulnerable to potential blockades by their respective issuers, Tether and Circle.
Circle, the company behind the popular stablecoin USDC, has entered the legal battle between the U.S. Securities and Exchange Commission (SEC) and Binance. In a recent filing, Circle asserted that stablecoins like USDC do not constitute investment contracts and therefore should not fall under the SEC's jurisdiction.
Snook, a multiplayer game, is launching on Arbitrum, an Ethereum layer-2
Snook charts a new course for Web3 games by expanding to Arbitrum.
MoneyGram, a global payments platform, is set to launch a non-custodial wallet, enabling users to seamlessly swap between fiat currency and USDC, a stablecoin tied to the US dollar.
MoneyGram, one of the world's biggest remittance company, has announced plans to launch a stablecoins wallet with the company stating: “The wallet, which will officially debut in Q1 2024, will.
Polygon (CRYPTO: MATIC), the leading layer 2 scaling solution on Ethereum (CRYPTO: ETH), will now enjoy the addition of USDC (CRYPTO: USDC) stablecoin on its blockchain network. It has the largest developer ecosystem and the strongest liquidity among all blockchains.
USDC Polygon Launch is coming soon, powered by $475B transactions, with person-to-person usage up to 40%—wallets holding >$10 USDC surge to 207K.
Circle simplifies identity with USDC and EURC stablecoin rebrand. Previously known as USD Coin and Euro Coin, the stablecoins will now simply go by USDC and EURC.
Top stablecoin issuer Circle adjusted the official names of its dollar and euro-pegged stablecoins to USDC and EURC.
Developers and users can now access Polkadot USDC via Circle, allowing seamless transmission of the stablecoin to Polkadot parachains using the XCM protocol.
Circle, the issuer of USDC, the second-largest stablecoin by market capitalization, has made a significant move by launching USDC natively on Polkadot, a Layer 0 network created by Ethereum co-founder
In a bid to increase its market share, Circle has announced the launch of USDC on Polkadot.
Circle has launched the native version of USDC in the Polkadot ecosystem of parachains, further expanding the reach and use cases of the dollar-backed stablecoin. Polkadot builder Parity Technologies CFO Fahmi Syed discusses the rollout and also shares insights into institutional interest and activity in Polkadot.
Circle announced new Polkadot integration for USDC's versatility, expanding accessibility across cryptocurrency networks.
Wormhole integrated with Circle's Cross-Chain Transfer Protocol, allowing USDC to be sent between Ethereum, Avalanche, Arbitrum and Optimism.
In a groundbreaking development, Polkadot, the innovative blockchain platform, has ushered in a new era of possibilities by integrating USDC (USD Coin) into its Asset Hub. This integration eliminates the need for bridges and empowers parachains to seamlessly access the renowned stablecoin, opening doors to enhanced liquidity and convenience within the Polkadot ecosystem.
Circle emphasized that Circle Account and Circle APIs will exclusively facilitate the use of Polkadot USDC, natively issued within the Polkadot Asset Hub.
The newly launched Polkadot USDC is natively issued on the Polkadot hub, simplifying the process for users to transfer funds to parachains through the XCM protocol.
USDC, the second largest stablecoin after UDST, continues to expand across different blockchains following its launch on Polkadot. The move was officially announced by USDC's issuer, Circle, and mentioned that it would be immediately available for developers and users. The stablecoin can be transferred to parachains in Polkadot via the XCM protocol using the Circle account along with Circle APIs. Polkadot USDC is natively issued on Polkadot Asset Hub in the Polkadot ecosystem.
Circle, the issuer of the USDC stablecoin, has extended its reach by launching on the Polkadot network. This development not only amplifies the stablecoin's interoperability but also provides Polkadot's ecosystem with a robust financial tool.
USDC (CRYPTO: USDC) is now on Polkadot. What Happened: The stablecoin can be transferred to parachains in Polkadot through the XCM protocol using Circle Account and Circle APIs.
Polkadot, a network that facilitates interoperability among multiple blockchains, announced the integration of USD Coin (USDC) into its Asset Hub. According to a Tuesday announcement, the addition of USDC, which is a stablecoin pegged 1:1 to the U.S. dollar, aims to bolster liquidity and provide easier institutional access to Polkadot's ecosystem.