Tag: usdc

Jan 25 2021

Stablecoins and Types of Stablecoins

Jan 25 2021 Published at Altcoin Buzz under tags  ampl crypto education dai dgx paxos

The demand for stablecoins has been constantly growing in the crypto ecosystem. If cryptocurrencies have to be used as mode of payment, price stability would be the most important parameter. This is where stablecoins like Tether come into picture. Stablecoins have been created to replicate the role of fiat currencies built on blockchain. Stablecoins derive their value from the underlying collateral. Depending on...

Jan 16 2021

Why Tether’s Reserves Probably Don’t Contain Bitcoin

Jan 16 2021 Published at Crypto Briefing under tags  bitcoin deltec markets nyag reserves

Tether has strongly implied that its USDT stablecoin is not backed by Bitcoin, following unclear statements from its banking partner Deltec. Deltec Invests In Bitcoin Hugo Rogers, Chief Investment Officer of Deltec Bank, recently announced that his firm invests some customer funds in...

Dec 16 2020

Market Wrap: Bitcoin Solidly Trades Above $20K; Ether Jumps on Positive BTC, CME’s New ETH Product

Dec 16 2020 Published at CoinDesk under tags  bitcoin bitcoin $20k cardano ether ether futures

Bitcoin is now solidly above $20,000 and a short supply and rising demand could push the price higher.

Dec 03 2020

Visa Embraces USDC as U.S. Congressional Officials Take Aim at Stablecoins

Dec 03 2020 Published at Blockonomi under tags  ethereum finance fintech stablecoin usdc

U.S. card payments giant Visa is among the most influential and far-reaching companies in the world. Circle's USDC is among the most popular stablecoin projects in Ethereum's booming decentralized finance ecosystem. Take note, then, because the two entities are partnering up to bring USDC payments into Visa's sprawling network of +60 million merchants. Announced Wednesday, [...] The post Visa Embraces USDC as U.S....

Dec 02 2020

VISA Partners with Ethereum Startup USDC

Major payments card company Visa today declared that it is joining hands with the U.S. Dollar Coin (USDC). The payment giant is connecting its payments network of 60 million merchants to the U.S. Dollar Coin (USDC) developed by Circle Internet Financial on the ethereum blockchain. The USDC is now estimated at $2.9 billion....

Visa Issuing Card for USDC Payments on Ethereum

Dec 02 2020 Published at Crypto Briefing under tags  business circle usdc visa

Visa is doubling down on stablecoins. The credit card giant has announced a collaboration with Circle, the team behind the Ethereum-based token USDC. The partnership will give Visa's network of 60 million merchants access to the dollar-pegged digital currency. Visa Launches USDC Payments...

Visa May Issue USDC Credit Card After Adding Circle to ‘Fast Track’ Program: Report

Dec 02 2020 Published at CoinDesk under tags  business markets news usdc visa

Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.

Dec 01 2020

USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO

Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.

Nov 20 2020

US Government Enlists USDC for ‘Global Foreign Policy Objective’ in Venezuela: Circle CEO

Nov 20 2020 Published at CoinDesk under tags  circle news policy & regulation usdc venezuela

The U.S. government is sending USDC payments to Venezuela using Circle and Airtm to bypass Nicolas Maduro, the nation's dictator.

Nov 04 2020

DAI Experiences 623% Growth in Q3

Messari, a crypto market data aggregator, reveals that the supply of MakerDAO DAI stablecoins experienced a 623% growth in the third quarter of 2020. The feat achieved by DAI pushed the value of the token above $1 for four successive months. An estimated 65% of the...

Nov 03 2020

Coinbase Launches Debit Card in the U.S.

Popular cryptocurrency exchange Coinbase announced that the Coinbase debit card will be launched in the U.S. this winter. From the time of the announcement, U.S. customers can join the waitlist so that whenever the Coinbase Card is ready, it will be made available to them. The Coinbase debit card has already been launched in the U.K. and in 30 other countries. How the...

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