Tagged: usdc

July 23, 2024 @ 10:28 pm By Omar Faridi  |  

Circle reveals that CCTP, a permissionless protocol, has moved over $10 billion in the stablecoin USDC between blockchains since May of last year. As reported previously, the Cross-Chain Transfer Protocol (CCTP) continues to grow and “power an ever-expanding network of apps, bridges, wallets, exchanges, and… Read More

July 23, 2024 @ 1:10 pm By JD Alois  |  

The stablecoin market, which involves digital assets tied to another asset, such as fiat currency, has surpassed $160 billion in value. The market is led by Tether (USDT), which hoovers up much of the market at over $114 billion. USDC, issued by Circle is in… Read More

July 22, 2024 @ 4:23 pm By Omar Faridi  |  

Exodus and Syrup have revealed a new partnership. Users of the Exodus wallet can now access Syrup and “earn 18% net APY on USDC as well as ‘double Drips’ on their deposit, boosting SYRUP token rewards.” Exodus’ multi-chain desktop and mobile wallet “enables secure peer-to-peer… Read More

July 4, 2024 @ 11:25 pm By Omar Faridi  |  

Bitcoin Suisse has removed the crypto custody fee on USDC holdings, effective immediately. This move follows a collaboration with Circle, the issuer of USDC, announced in January 2024. The partnership aims to expand USDC liquidity in Europe “by maximizing its usage across all Bitcoin Suisse… Read More

June 27, 2024 @ 5:25 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has revealed a partnership with global e-commerce enabler Stripe.  According to a blog post on Coinbase, Stripe will now support Base – a level II Ethereum-based network incubated by Coinbase and open source. Coinbase describes Base as their “all in” commitment to onchain,… Read More

June 27, 2024 @ 3:23 pm By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has recently announced that it has joined Adan. Adan, an association bringing together professionals in the digital asset and blockchain sector throughout France and Europe, reportedly has “over 200 member companies and… Read More

June 24, 2024 @ 6:18 pm By JD Alois  |  

Republic, an online investment platform, recently listed a securities offering for shares in Watford FC – a professional football club in the UK. The share offering is also being listed on its subsidiary Seedrs. In an X today, Republic said that investors may now purchase… Read More

June 1, 2024 @ 11:15 am By Omar Faridi  |  

Chainlink, the “decentralized” computing platform, and Circle, a global financial technology firm and the issuer of USDC and EURC, have partnered in order “to expand stablecoin utility for enterprise institutions with Circle’s developer platform and Chainlink services.” Chainlink and Circle will work together “to educate… Read More

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