Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe's payment services and the stablecoin USDC. Stripe's payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.
The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.
Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.
TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.
Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.
Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.
The strategy of Coinbase to consolidate leadership in the stablecoin market
USDC is a type of cryptocurrency that is linked to the U.S. dollar, meaning it keeps its value steady. For the first time, Coinbase Wallet users can earn 4.7% APY (Annual Percentage Yield) simply by holding USDC in their wallet.
Coinbase Wallet launches a 4.7% APY rewards program for USDC holders worldwide, featuring monthly payouts, zero fees on Base network, and multi-chain compatibility.
For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.
Coinbase Wallet has begun letting users of its USDC stablecoin earn rewards. USDC Rewards, announced Wednesday (Nov. 20), lets Coinbase Wallet users earn 4.7% APY just by holding USDC on-chain.
Global Coinbase Wallet users can access the new USDC reward, while those in the U.S. should see the feature this week.
Coinbase Wallet's USDC rewards program could enhance global crypto adoption by offering competitive yields and seamless cross-border transactions. The post Coinbase Wallet launches USDC rewards with 4.7% APY appeared first on Crypto Briefing.
Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."
Dogecoin's (DOGE) market cap has overtaken XRP and USDC. It is now above both coins in the market.
Maker's exchange reserve and exchange supply ratio hits a yearly high signaling potential correction.
Circle is making this possible with a system that lets AI agents handle work, payments, and even trade on their own. By combining advanced AI with secure, automated payments on the Circle Developer Platform, Circle is opening doors to a new world.
While many places are dealing with conflict and polarization, the UAE is thriving, attracting top talent from all over the globe. People from finance, tech, media, culinary arts, and more call the UAE home – and now, you can join them with the help of your crypto.
Analysts are predicting further Dogecoin gains after a rare "golden cross" signal.
The Dogecoin network has attracted significant attention from crypto investors since the profound victory of pro-crypto US candidates led by Donald Trump.
If there's one cryptocurrency that benefitted the most from Donald Trump's victory last week, it's the meme coin king Dogecoin (DOGE). With a staggering 92% gain on the weekly chart, DOGE overtakes XRP and USDC as the sixth-largest cryptocurrency with a market cap of $42.3 billion.
Binance introduces a promotional offer for Fixed Rate Loans, giving suppliers up to a 50% yield boost in USDC during the promotion period from November 12 to November 30, 2024.
The leading canine-themed cryptocurrency, Dogecoin (DOGE), today overtook Ripple-promoted XRP and Circle's USDC stablecoin to become the sixth-most valuable crypto in the world. DOGE's upsurge is fueled by positive sentiment around the crypto's endorsement by tech billionaire Elon Musk following Donald Trump's landslide win in the U.S. Presidential elections.
As USDC reaches a 2024 high, looking at reasons for behind growth and its ongoing stablecoin dominance.
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar.
A new milestone less than 2 months after its launch.
Maker (MKR), the governance token of the MakerDAO ecosystem, has been showing impressive upward momentum, recently breaking out of a long-standing bearish pattern. Despite its 11.20% surge in the past 24 hours, reaching $1,416.32, the cryptocurrency faces some resistance and market dynamics that could limit its progress in the short term.
The DeFi project Sky has retained its new brand identity rather than revert to MakerDAO following a community vote. Polling data revealed that 79.3% of votes supported maintaining the Sky brand as the core protocol name.
Trader bids are fueling the uptrend, with a 13.67% rise in Open Interest to $120.30 million.
Sky's USDS is now the third-largest stablecoin, replacing the original DAI which held that position for years on the charts.
The Maker price has jumped ~10% over the past day, resulting in this altcoin successfully recording a bullish reversal. Moreover, with the technical sentiments and on-chain data favoring the project, the MKR coin hints at a promising bullish month.
Maya is requesting ₱226,000 from a trader who profited after a pricing error let users buy USDC at just ₱1 per token. With accounts restricted and funds withdrawn, affected users are now left with demands and frustration as Maya responds to the glitch.
Binance launches a promotion offering up to 7 days of interest-free loans for users borrowing USDT, FDUSD, or USDC through team formation.
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.
The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on Nov.
A well-known Polymarket trader under the name “zxgngl” has withdrawn an additional $3.1 million USDC to increase his bet on Donald Trump winning the upcoming U.S. elections. This latest wager brings the trader's total withdrawals to an eye-popping $17.3 million USDC since October 11, further cementing his commitment to a Trump victory.
Circle advances its expansion into Hong Kong to position USDC at the forefront of Asia's digital finance landscape, aligning with upcoming IPO plans and new stablecoin regulations. The post USDC Issuer Circle Outlines Expansion into Hong Kong, Readies for Public Listing appeared first on Cryptonews.
Circle, the issuer of the second-largest stablecoin USDC has now declared its intentions to expand into the Asian market just as it gears for its IPO plans. The company is now eyeing an expansion into Hong Kong, amid plans for the region to become Asia's crypto hub.
USDC issuer Circle sees Hong Kong as an important market and intends to expand there.
Bitcoin's rally slows down near the weekend, top altcoins record double digit gains.
Historically, the fourth quarter often brings notable gains for cryptocurrencies, and with November underway, crypto whales are strategically positioning themselves for potential profits.
This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.
Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol's governance token as the community prepares to vote on whether to revert its brand or not on Nov. 11.
MKR may finally be ready for a recovery after dancing with the bears since April.
Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.
Maker (MKR) has staged a significant comeback, revitalizing interest and ignite predictions that it could potentially climb as high as $3,000. Given its central role within the decentralized finance (DeFi) ecosystem, Maker (MKR) has captured investor interest, primarily because of the demand for decentralized stablecoins like DAI and the protocol's recent technological strides.
