Tagged: usdc

Wyre, Polygon to Offer USDC Token

Developers can now provide Polygon’s USDC token via the Polygon ecosystem thanks to the use of Wyre’s Checkout API. This integration provides one of the only fiat to USDC on-ramps for customers around the world and in 43 US states, with the conversion process taking less… Read More

Tether Management Said to be Target of Criminal Investigation by US Department of Justice

Tether, the largest stablecoin by market cap, is said to be a target of a criminal investigation in the US. According to a report in Bloomberg, the US Department of Justice is investigating whether, or not, executives committed bank fraud. Rumblings have long swirled around… Read More

Global Fintech Circle, which will Go Public, Explains how DeFi Lending Is Similar to Traditional Lending Processes

The team at global Fintech Circle, which will go public in a $4.5 billion SPAC deal, notes that the promise of decentralized finance (DeFi) is to transform or fundamentally improve financial services by offering greater transparency, security, and community governance by leveraging blockchain or distributed… Read More

DeFi focused Wealth Management Platform YIELD App Reports Strong H1 2021, with 45,000+ Users

The team at YIELD App, the developers of a fast-growing wealth management platform for digital assets, has published their second progress report – which reveals that users for their app have doubled while assets have increased by 3x since the last update. The YIELD App… Read More

Digital Asset Exchange Liquid Group and Stellar Development Foundation Offering Stellar USDC to Liquid’s Clients

Digital currency exchange platform Liquid Group, Inc. and the Stellar Development Foundation (SDF) have revealed that Stellar USDC, a major stablecoin, is now available to Liquid’s exchange clients. Liquid is adding multi-chain support for USDC by expanding its products into a Stellar-enabled version. By bringing… Read More

tZERO Crypto App Adds DOGE, Two Others

tZERO announced today the tZERO Crypto app, a cryptocurrency trading platform, now supports Dogecoin (DOGE), USD Coin (USDC), and 0x (ZRX), bringing its number of cryptocurrencies on offer to 10. “Today’s announcement in supporting three new coins comes off the heels of the tZERO Crypto app… Read More

Crypto Exchange Platform Liquid Adds Stellar USDC

Asian cryptocurrency exchange platform Liquid this week announced Stellar USDC is now available on Liquid. This will include multi-chain support for USDC by expanding into a Stellar-based version. Users will see fee-free USDC withdrawal capabilities, Liquid COO Seth Melamed said. “Liquid focuses on increasing cryptocurrency… Read More

New Bitcoin Fund with High-Interest Returns Introduced by DeFi Platform YIELD App

YIELD App, the decentralized finance (DeFi) wealth management platform that’s focused on combining the best of traditional and digital finance, is pleased to confirm that they have launched a Bitcoin Fund, enabling users to earn “high-interest” returns on the world’s leading cryptocurrency, Bitcoin (BTC). As… Read More

Digital Asset Firm Circle to Go Public in $4.5 Billion SPAC Deal, SeedInvest Along for the Ride

Circle, a digital asset firm that has gone big into stablecoins and services, will become a publicly traded firm in a SPAC deal. Circle is the principal operator of the dollar based stablecoin USD Coin (USDC). Of interest is the fact that Circle also owns… Read More

Stablecoin Report: Greater Risks Posed by Stablecoins Using Only Fractional Reserves or Higher-Risk Asset Allocations

The dramatic growth of stablecoin issuance may eventually have implications for the overall functioning of short-term credit markets, according to Fitch Ratings. The statement by Fitch follows comments late last month by Boston Federal Reserve President Eric Rosengren stating that Tether is a looming risk for… Read More

Decentralized Monetary Authorities Protocol ICHI Partners 1inch Network to Launch New Stablecoin

ICHI, the protocol for developing the very first Decentralized Monetary Authorities (DMAs), has teamed up with the 1inch Network in order to launch an in-house stablecoin for the 1inch community. As noted in an update shared with CI, the 1inch community will be leveraging ICHI’s… Read More

Average Bitcoin Network Block Times Drop Back Below 20 Minutes, but Still Abnormally High: Report

Nate Maddrey and the Coin Metrics research team notes in their latest State of the Network report that the cryptocurrency markets plummeted again this last week after more news surfaced about stricter Chinese regulation, including the People’s Bank of China (PBoC) instructing the nation’s financial… Read More

Crypto.com Teams Up with Global Fintech Circle to Offer USD Deposits and Withdrawals in 30 Countries

Crypto.com revealed on Monday (June 28, 2021) that they are teaming up with global Fintech firm Circle, in order to offer USD deposits and withdrawals to more than 30 different countries. Crypto.com clients may now transfer USD from their bank accounts and get USD Coin… Read More

Global Fintech Circle to Offer Competitive New Yield Product, Developed on Major Stablecoin USDC

Global Fintech Circle is now providing what it claims to be a “market-leading” Yield product developed on major stablecoin USDC. The new product is currently available for certain clients through an Early Access Program, the Circle team confirmed in a recent blog post. As mentioned… Read More

Recent Bitcoin, Ethereum, Wider Crypto Market Crash Was “Big Test” for Nascent Stablecoin Market: Report

The cryptocurrency market has really been tested during the past few weeks following “a cascade of negative news,” the Coin Metrics team notes in its latest report. The resulting crypto market price crash has also been “a big test” for stablecoins, which are becoming a… Read More

Digital Asset Firm Coinbase has Unlocked Stable (Stablecoin) Pair Trading, Company Focused on Increasing Economic Freedom

Digital asset firm Coinbase (NASDAQ:COIN) announced on Monday (May 31, 2021) that it has unlocked stable (stablecoin) pair trading. Crypto exchange Coinbase says its mission is to “increase economic freedom in the world.” According to the company that recently went public, an open financial system… Read More

Digital Asset Payment Service Provider Banxa Integrates its Crypto to Fiat Gateway with Bancor

Banxa, an established payment service provider (PSP) for the crypto-asset sector, has reportedly integrated its crypto-to-fiat gateway with Bancor, a liquidity protocol enabling automated cross-chain swaps and liquidity provision to various digital tokens. Through this latest integration, Bancor users will have the option to buy… Read More

Circle Partners with FTX Crypto Exchange, Integrates Payment Support Including USDC

Circle has entered into a global partnership with FTX, said to be the world’s fastest-growing crypto exchange. According to Circle, FTX has integrated its APIs and launched fiat and USD Coin (USDC) payments support across  FTX and Blockfolio services. By incorporating Circle API Services FTX… Read More

Digivault Now the First Stand-Alone Digital Asset Custodian to Get UK FCA Approval to Store Bitcoin, Ethereum, USDC

Digivault, the “secure” digital asset custody business of Nasdaq listed Diginex Limited (Nasdaq: EQOS), has reportedly become the “first” stand-alone crypto custodian to receive approval from the UK Financial Conduct Authority (FCA) in order to register as a custodian wallet provider “under the Money Laundering,… Read More

Coinbase Pro Adds New Order Books for Basic Attention Token (BAT), Cardano (ADA), Decentraland (MANA), USDC

On Tuesday, April 20, 2021, Coinbase Pro will be adding support for new order books for several major digital assets including the Basic Attention Token (BAT), Cardano (ADA), Decentraland (MANA) and USDC (USDC). As noted in a blog post by the digital assets firm, the… Read More

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