Tag: usd coin

May 19 2022

USDC Increasingly Becoming Preferred Stablecoin Over USDT

Latest data from Glassnode suggests USDC may be becoming the crypto market's preferred stablecoin over USDT. USDC's Supply Surged Up Recently, While USDT's Plunged Down As per the latest weekly report from Glassnode, USDT has observed a large amount of redemptions recently, taking its supply down. The relevant indicator here is the the "circulating...

May 18 2022

USDC Exchange Reserves Start Fall, Dry Powder For Bitcoin?

On-chain data shows the USDC exchange reserves have started to trend downwards recently, a sign that buyers may be exchanging the coin for Bitcoin and other cryptos. USDC Reserves On Exchanges Have Fallen Down Over The Past Few Days As pointed out by an analyst in a CryptoQuant post, investors may have started to exchange their USD Coin for other cryptos like...

May 03 2022

Leading Argentinian Private Banks Add Support for Bitcoin, Ethereum, and USD Coin

Banco Galicia, one of Argentina’s largest private banks announced on Monday the rollout of cryptocurrency trading functionality that will allow its 4.2 million clients to buy, sell, and store Bitcoin, Ethereum, USD Coin, and XRP.

Apr 13 2022

USDC Issuer Circle Announces $400M Funding Round, Strategic Partnership with BlackRock

Circle, a global payments technology company and the issuer of USD Coin (USDC), has announced it is raising $400 million in new capital in a funding round that is slated to conclude sometime in the second quarter of this year.

Apr 01 2022

BNY Mellon, the World’s Largest Custodian Bank, Will Custody USD Coin Reserves

Circle, a crypto-focused financial services company behind the USD Coin stablecoin, has announced it chose BNY Mellon as a custodian of its USDC reserve holdings.

Mar 30 2022

Axie Infinity’s Sidechain Ronin Network Hacked for $615M Worth of ETH and USDC

Ronin Network, the Ethereum-linked sidechain of the popular crypto game Axie Infinity has been exploited for $625 million worth of Ethereum and USD Coin. The team wrote in a statement that the attacker gained access to five of the nine Ronin chain's validator nodes (4 Sky Mavis validators and 1 Axie DAO), which granted the attacker the ability to sign transactions and ultimately...

Mar 28 2022

[Updated] Cheap Crypto to Buy in April 2022

There are tons of digital assets out there that cost less than $1 — they even have their own name, “penny cryptocurrencies.” Despite their low price, many of those coins and tokens have proven to be good additions to investors’ portfolios and made many people crypto millionaires. The price of an asset does not play such a big role in determining how valuable...

Mar 23 2022

[Updated] Cheap Crypto to Buy in April 2022

There are tons of digital assets out there that cost less than $1 — they even have their own name, “penny cryptocurrencies.” Despite their low price, many of those coins and tokens have proven to be good additions to investors’ portfolios and made many people crypto millionaires. The price of an asset does not play such a big role in determining how valuable...

Mar 18 2022

Cheap Crypto to Buy in April 2022

There are tons of digital assets out there that cost less than $1 — they even have their own name, “penny cryptocurrencies.” Despite their low price, many of those coins and tokens have proven to be good additions to investors’ portfolios and made many people crypto millionaires. The price of an asset does not play such a big role in determining how valuable...

Feb 24 2022

USDC Issuer Circle Launches New Enterprise-Oriented Service to Help Businesses Transact in Crypto

Circle, the issuer and operator of USD Coin (USDC), the second-largest stablecoin in terms of market cap, has revamped its business-oriented service called Circle Account. The updated service will provide enterprise clients with an opportunity to store and settle transactions in USDC.

Feb 18 2022

Circle’s Valuation Doubles To $9B, Set To Go Public Once Merger With Concord Is Finalized

According to Thursday’s press release, Circle has terminated its existing business agreements with Concord, and has entered a new merger deal that is expected to be finalized by December of this year.

Feb 02 2022

Leading Tether Rival USD Coin Surpasses $50 Billion in Circulating Supply

Circle’s USD Coin has reached a significant milestone on Tuesday, having surpassed $50 billion in circulating supply for the first time since launching in May 2018. With its recent expansion to the Flow platform, USDC is now providing liquidity and stable value transfers on eight different blockchain ecosystems, including Ethereum, Avalanche, Tron, and Solana.

Feb 01 2022

Solana Labs Launches ‘Pay’ Product to Boost Digital Commerce

Solana Labs, the creators and developers of the leading proof-of-stake (PoS) blockchain Solana, have launched Solana Pay, a new payments service that allows merchants and customers to use crypto as a payment method. Sheraz Shere, the head of Payments at Solana Labs, explains:

Circle’s USDC Stablecoin Launches on Flow Blockchain

Circle announced the launch of its USD Coin (USDC) on Flow, one of the most widely used Web3 platforms. The expansion to Flow comes roughly two months after USDC launched on one of the leading decentralized finance (DeFi) networks, Avalanche (AVAX).

Jan 17 2022

USD Coin Overtakes Tether’s USDT as the Largest Stablecoin on Ethereum

The total supply of USD Coin on the Ethereum blockchain has surpassed Tether’s total supply for the first time last week. According to data from blockchain analytics firm The Block, USDC’s supply now amounts to $40.2 billion, while USDT’s Ethereum supply comes in second with $39.8 billion.

Jan 14 2022

Tether Blacklists Three Ethereum Addresses and Freezes $150 Million Worth of USDT

Tether, the owner and operator of the largest stablecoin network in the world, has blacklisted three Ethereum addresses on Thursday, and effectively froze $150 million in USDT split among them.

Dec 15 2021

USD Coin (USDC) Launches on Avalanche (AVAX) to Boost Liquidity of the Decentralized Ecosystem

Circle, the developer of the market’s second-largest stablecoin, has launched its flagship digital asset and widely used USD Coin (USDC) stablecoin as a native asset on Avalanche (AVAX). The company believes native USDC support will increase liquidity and boost the popularity of decentralized applications deployed in the Avalanche ecosystem.

Dec 02 2021

Crypto Adoption Grows In Croatia: Supermarkets, Post Offices, Car Dealerships, +

Croatia is embracing crypto at an exponential rate. Earlier in the week, Konzum announced it will accept cryptocurrency payments in its online store. This is phase one for Croatia’s largest supermarket chain, the company plans to roll out the service in all of its stores. The country is quickly becoming one of the friendliest for cryptocurrency enthusiasts. One could probably already live on...

Sep 21 2021

These Investor Advocates Groups Wants the SEC to Accelerate Crypto Crackdown

Sep 21 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

This week started with a bloodbath on Satoshi Street with Bitcoin and altcoins eroding investors' wealth after rallying for past few weeks. Amid the strong volatility this month, a group of investors' advocates wrote to the U.S. SEC on Monday, to amp up the crackdown on the crypto market. These groups include the Americans for The post These Investor Advocates Groups Wants the...

Aug 05 2021

Know a good blog/source that is not listed? Contact us or fill the form below to add one: