Tagged: usdc

April 15, 2024 @ 5:52 pm By Omar Faridi  |  

Circle is pleased to announce that native USDC is now available on zkSync and accessible to developers and users – no bridging required. Circle Mint and Circle APIs now fully support USDC on zkSync. zkSync is a layer 2 (L2) rollup that “is hyperscaling Ethereum… Read More

April 12, 2024 @ 12:23 pm By Omar Faridi  |  

Circle, a global digital financial technology firm and the issuer of USDC, announced new smart contract functionality that would allow holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to transfer their shares to Circle for USDC. This smart contract reportedly provides BUIDL investors… Read More

April 7, 2024 @ 8:08 pm By Omar Faridi  |  

In the latest Coin Metrics State of the Network, the researchers take a data-driven look at the most important events that impacted the digital assets industry in Q1 2024. The demand and strength of inflows into bitcoin exchange-traded products “have been unprecedented, catching many by… Read More

March 20, 2024 @ 4:49 pm By Omar Faridi  |  

Compass Coffee, a Washington, D.C.-based coffee chain, has announced a partnership with Coinbase (NASDAQ:COIN), a US-based cryptocurrency exchange with global operations. This collaboration allows customers to pay for coffee purchases using crypto, specifically stablecoins like USDC. Compass Coffee, an established business with a presence across… Read More

February 28, 2024 @ 7:45 am By Omar Faridi  |  

Coincheck, Inc. (Headquartered in Shibuya-ku, Tokyo; Satoshi Hasuo, Representative Director & President) and Circle Internet Financial, LLC, a global financial technology firm and the issuer of USDC1, announced plans for a partnership to expand USDC access in the Japanese market. USDC is a fully reserved… Read More

February 26, 2024 @ 11:50 am By Omar Faridi  |  

OVERDARE, Inc., a joint venture backed by gaming/metaverse industry participants KRAFTON, Inc. and NAVER Z Corporation, announced a partnership with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s “largest regulated” US dollar-backed stablecoin. This collaboration is set to… Read More

February 21, 2024 @ 7:14 am By Omar Faridi  |  

Circle is discontinuing support for USDC on the TRON blockchain in a phased transition. Effective immediately Circle will no longer mint USDC on TRON. Circle will support Circle Mint customers’ transfer(s) of USDC “to other blockchains through February 2025.” As Circle only serves business and… Read More

February 19, 2024 @ 9:00 am By Omar Faridi  |  

Stablecoin issues Circle has published an update, entitled State of the USDC Economy. A new internet financial system is emerging, according to Circle. Thanks to the power of USDC, blockchain networks, and some of the world’s best developers and technology companies, the financial system is… Read More

January 18, 2024 @ 10:10 pm By Omar Faridi  |  

Chainlink, which claims to be the “industry-standard” decentralized computing platform, announced today that the Chainlink Cross-Chain Interoperability Protocol (CCIP)—the industry standard for secure cross-chain interoperability— has integrated Circle’s Cross-Chain Transfer Protocol (CCTP) in order “to provide users with a secure and reliable way to transfer… Read More

January 16, 2024 @ 3:11 pm By Omar Faridi  |  

OKX, a Web3 technology company, and Circle Internet Financial, a global fintech firm and issuer of USDC, unveiled a new ‘CCTP Cryptopedia Campaign,’ giving users who swap USDC across different blockchains on the OKX DEX aggregator the opportunity “to qualify for a share of a… Read More

January 16, 2024 @ 8:27 am By Omar Faridi  |  

USDC issuer Circle‘s CEO Jeremy Allaire thinks that there’s a ‘very good chance’ that the US passes stablecoin laws this year. The CEO of Circle, the Fintech firm behind the widely-used stablecoin USDC, is seeing a good chance that laws for stablecoin issuers such as… Read More

January 15, 2024 @ 11:39 am By JD Alois  |  

Last month, Circle, a stablecoin issuer, announced the receipt of a conditional registration as a Digital Asset Service Provider (DASP) or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the Autorité des Marchés Financiers (AMF). When the approval was announced, Jeremy Allaire, co-founder and CEO… Read More

January 11, 2024 @ 8:55 am By JD Alois  |  

Circle has announced it will pursue an initial public offering (IPO). Circle is the issuer of the second largest dollar-based stablecoin, USDC. According to a statement by the firm, the company has filed a confidential draft registration statement (S-1) with the Securities and Exchange Commission… Read More

December 22, 2023 @ 11:30 am By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced receipt of a conditional registration as “a Digital Asset Service Provider (‘DASP’, or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the French Financial Markets Authority (‘Autorité des Marchés… Read More

December 18, 2023 @ 5:46 pm By JD Alois  |  

Circle, the second largest dollar stablecoin issuer with USDC, has posted a case study on a partnership with Lemon – a crypto exchange in Argentina. Typically, stablecoins are mostly used as on/off ramps for digital assets. Stablecoins are largely digital representations of fiat but can… Read More

December 8, 2023 @ 7:41 am By Omar Faridi  |  

Circle and Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial platforms serving 90 million customers across Brazil, Mexico, and Colombia, announced a partnership to extend USDC access to Brazilian Nubank customers. Circle’s USDC is the reported as being one of the… Read More

November 28, 2023 @ 8:24 am By Omar Faridi  |  

SBI Holdings, Inc. announces that it has concluded a Memorandum of Understanding with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s regulated stablecoin, “to circulate USDC stablecoins, establish a banking relationship and promote the use of Circle’s Web3… Read More

November 13, 2023 @ 8:12 am By Omar Faridi  |  

Circle has unveiled a new v2.2 upgrade to USDC and EURC that significantly reduces gas costs, improves support “for account abstraction, and further bolsters security for transactions on EVM blockchains.” The upgrade adds to the momentum of USDC innovation “after its recent expansion to 6… Read More

September 12, 2023 @ 6:47 pm By Omar Faridi  |  

Stablecoins are digital currencies which are pegged to major (and relatively stable) fiat currencies like the US dollar, Euro, the British pound (among others). Recently, the team at S&P Global provided a deep dive report into valuation and depegging of stablecoins. As explained in the… Read More

September 5, 2023 @ 11:10 am By JD Alois  |  

Visa (NYSE: V) says it is modernizing cross-border money movement as it improves its stablecoin settlement capabilities with the Solana blockchain. Simultaneoulsy, Visa reports that it is working with merchant acquirers Worldpay and Nuvei. Visa says it has “moved millions of USDC between its partners… Read More