Tag: usdc stablecoin

Jul 06 2022

After Market Turmoil, USDC Issuer Circle Comes Clean Hinting No Liquidity Risks

The cryptocurrency market has been going through a very rough period with several crypto firms reporting insolvencies and bankruptcy. A few hours ago, Voyager Digital...

May 20 2022

This Stablecoin’s Market Cap Skyrockets Amid FUD In Tether, UST

The crypto market crash last week has vastly shaken the crypto industry, with volatility witnessed in stablecoins too. The de-peg of TerraUSD (UST) and a brief decline in Tether (USDT) saw redemptions of more than $30 billion in top stablecoins in a week. Interestingly, the only stablecoin thriving from the volatility is Circle's USD Coin...

Mar 31 2022

Just-In: Circle Picks BNY As Custodian Of USDC Reserves

Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circle is the creator and the main...

Feb 02 2021

Circle’s Popular Stablecoin USDC Now Available on Stellar Decentralized Exchange

World's second-most popular stablecoin USDC is now live on the Stellar decentralized blockchain network! As per the latest announcement, the USD- pegged stablecoin shall be available in six stablecoin pairs via five Stellar integrated...

Dec 20 2020

Institutions Are Coming for Your Bitcoins (BTC) As USDC Whales Make Massive Deposits on Coinbase

On Saturday, December 19, Bitcoin (BTC) surged past $24,000 levels but has been moving sideways since then and is currently flirting around $23,500. However, the party doesn't seem to end anytime soon....

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