Gamemaker Dapper Labs is using Circle’s dollar-backed stablecoin, USDC, as a global settlement solution for its non-fungible tokens (NFTs).
‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.
Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending Rates Skyrocket
Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.
Financial Service Provider to Coinbase Teams With Circle to Offer Stablecoin Payments in EU
BCB Group will integrate with Circle’s platform in a bid to make the USDC stablecoin more widely available.
Circle Gets $25M From DCG to Drive USDC Mainstream
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
Circle Confirms Freezing $100K in USDC at Law Enforcement’s Request
CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.
Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.
Circle, Coinbase Bring USDC Stablecoin to Algorand’s Blockchain
The CENTRE consortium is teaming up with the Algorand Foundation to launch the USDC stablecoin on the Algorand network.
Crypto Payroll Startup Bitwage Lets Earners Sidestep Volatility With Stablecoin Payments
Offering the option to receive wages in the USDC stablecoin removes the volatility risk for earners.
Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America
Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.
MARKET WRAP: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.
Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether
Coinbase is putting its digital dollars where the traction is. Announced Wednesday, Coinbase has deposited $1.1 million in USDC stablecoins into the pools powering two of the most popular decentralized finance (DeFi) applications on Ethereum: Uniswap and PoolTogether. The investment comes via the USDC Bootstrap Fund, which the company launched in September 2019. “With USDC, […]
MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg. Passed Tuesday at 2:58 UTC, the Coinbase- and Circle-backed USDC is now available for use as collateral on the premiere DeFi platform following an executive […]
Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether’s TUSD.
Circle Rolls Out Stablecoin Business Accounts, Preps SeedInvest for Sale
Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot.
Coinbase Adds Support for 2 More Cryptocurrencies in New York State
The exchange has now added the privacy-enhancing cryptocurrency zcash and its own USDC stablecoin in New York state.
PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K
PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered “no-loss lottery.”
The Prospect of Building a New International Monetary System Is Getting Real
When world leaders gather in Davos next week, they’ll confront an essential question, says Circle’s Jeremy Allaire: Can they seize blockchain’s ability to create value for people around the world?
Kraken Lists USDC the Day After Binance Drops It
Kraken, which considers USDC the world’s fastest-growing stablecoin, adds it a day after Binance removed it because of low trading volume.
BlockFi Adds Litecoin, USDC to Its Lending Product Suite
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin.