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.
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.
The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation's strategy to fund public projects and maintain its financial reserves.
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.
The Ethereum Foundation makes another DAI purchase by offloading 100 ETH on Nov. 12. This is the first time the protocol has sold ETH since releasing its annual report.
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.
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 introduces new APR rewards, offering 16.2% for FDUSD locked products and 7% for EURI flexible products during a limited promotion period.
Binance launches a promotion offering up to 7 days of interest-free loans for users borrowing USDT, FDUSD, or USDC through team formation.
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.
Heavily backed by the Binance exchange, the FDUSD stablecoin was previously available on Ethereum, BSC, and Sui networks.
In a bold expansion, Donald Trump's crypto venture, World Liberty Financial (WLFI), is reportedly planning to develop its own stablecoin—a USD-backed digital asset aimed at creating stability in the volatile crypto space.
Stablecoins are an important part of the cryptocurrency economy and the decentralized finance (DeFi) ecosystem, currently dominated by two corporations. One of them, Circle's USDC, raised its redemption fees for the second time in 2024, driving demand for stablecoin alternatives.
First Digital Labs has announced the expansion of its FDUSD stablecoin onto the Solana blockchain, aiming to bring faster, lower-cost transactions to users worldwide. The announcement was made during Binance Blockchain Week, underscoring First Digital's strategy to increase the utility of FDUSD across multiple blockchain networks.
Hong Kong-based stablecoin issuer First Digital Trust said Thursday it is expanding its FDUSD token to the Solana network.
Circle, società emittente di USDC, has just announced a change in the fees for the redeem of the stablecoin.
Prediction market platform Kalshi introduced USD Coin (USDC) deposits in preparation for the U.S. elections.
The fee structure revision primarily affects institutional investors and high-volume traders.
Kalshi, a CFTC-regulated prediction market, has partnered with crypto platform Zero Hash to streamline account funding using USDC. Zero Hash and Kalshi Collaborate on New Account Funding Solution Kalshi, a prediction market regulated by the Commodity Futures Trading Commission (CFTC), is collaborating with Zero Hash to offer streamlined account funding for its users.
Kalshi, a Commodity Futures Trading Commission-regulated exchange, has announced a partnership with stablecoin infrastructure platform Zero Hash.
Bitrefill, a leading company in the crypto e-commerce world, has just announced the integration of the stablecoin USDC on the Solana network.
Explore the key differences and similarities between USDT, USDC, and FDUSD stablecoins, their market impact, and why BNB Chain is the ideal platform for these digital assets.
Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead.
Circle progresses toward IPO with strong financials and growing stablecoin market presence, while awaiting regulatory developments and SEC approval.