Usd Coin Financial News

16.11 / 05:49

Stablecoin Tether Apple Apple Pay Usd Coin Support Crypto stablecoin issuer Circle adds Apple Pay support

Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer together.

11.11 / 23:35

markets Usd Coin Bitcoin crypto market cap Total crypto market cap drops to $850B as data suggests further downside

The total cryptocurrency market capitalization dropped by 24% between Nov. 8 and Nov. 10, reaching a $770 billion low. However, after the initial panic was subdued and forced future contracts liquidations were no longer pressuring asset prices, a sharp 16% recovery followed.

11.11 / 07:39

Stablecoin Tether TRON Usd Coin Redemptions market volatility Major stablecoins destabilized as market volatility and redemptions surge

Plunging cryptocurrency prices are not the only consequence of this week’s FTX-induced crypto contagion.

09.11 / 12:51

business Tether coinbase Usd Coin Tether, Circle and Coinbase deny having exposure to FTX and Alameda

Amid the liquidity crisis that fell over crypto exchange FTX and trading firm Alameda Research, some of the largest crypto companies face calls for transparency to let users know if there are risks. However, executives assured the community that they do not have exposure to either of the troubled firms.

02.11 / 09:19

Blockchain Stablecoin Paxos Usd Coin Stablecoin issuers Circle and Paxos gain approvals in Singapore

Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state's central bank.

01.11 / 00:37

Binance VISA Usd Coin Bitcoin Support crypto market cap 2 metrics signal the $1T crypto market cap support likely won’t hold

Cryptocurrencies broke the $1 trillion market capitalization resistance on Oct. 26, which had been holding strong for the previous 41 days. Despite Bitcoin’s (BTC) modest 5.5% weekly gains, the aggregate value of 20,000 listed tokens increased by 8.5% between Oct. 24 and 31.

01.11 / 00:35

defi Hackers hacks Usd Coin Returns Exploit Team Finance hacker returns $7M to associated projects after exploit

Four projects have received some $7 million worth of tokens from the hacker behind the $14.5 million Team Finance exploit on Oct. 27. Over the weekend, the attacker confirmed in a series of messages that they would keep 10% of the stolen fund as a bounty and return the other tokens to the affected projects.

28.10 / 01:05

business Blockchain Funding Usd Coin Solana-based protocol seeking to decentralize ride-sharing raises $9M

The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the Solana-based protocol TRIP that enables mobility-based applications.

26.10 / 17:39

Blockchain Ethereum Stablecoin Usd Coin network Polygon Network BitPay to introduce USDC and ETH payments on Polygon network

Major cryptocurrency firm BitPay is expanding the scope of supported blockchain networks, preparing to debut payments in ERC-20 tokens on the Polygon network.

24.10 / 06:13

Blockchain Stablecoin Binance Tether Usd Coin A stablecoin's rise in market share has ignited the ‘Second Great Stablecoin War’

FTX CEO Sam Bankman-Fried (SBF) said the rise of Binance stablecoin BUSD could spark the “Second Great Stablecoin War,” given how fast its market cap has surged over recent months.

21.10 / 09:43

business Stablecoin coinbase Usd Coin USDC adoption is lagging outside of the United States: Coinbase

United States-based cryptocurrency exchange Coinbase says the adoption of USD Coin (USDC) has been “more conservative” outside of the U.S., which it believes is a result of international currency conversion fees.

30.09 / 12:51

Blockchain Stablecoin Tether Usd Coin Swiss National Central banks can push DeFi into mainstream: Swiss National Bank official

Central bank digital currencies (CBDC) can work well with decentralized finance (DeFi), and they have a lot of potential to boost DeFi adoption, according to a Swiss central bank official.

29.09 / 15:31

Stablecoin Tether Usd Coin Bitcoin Cross-border Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

Despite Russia pushing the idea of using cryptocurrencies for cross-border payments, it still remains unclear what digital asset exactly the government plans to adopt for such transactions.

29.09 / 07:17

business Blockchain Stablecoin Usd Coin expansion Multichain Circle Product VP: USDC chain expansion part of 'multichain' vision

USD Coin (USDC) issuers Circle have announced that it will soon roll out its stablecoin across five additional networks including Polkadot, Optimism, NEAR, Arbitrum and Cosmos.

28.09 / 01:35

Stablecoin Adoption Usd Coin UFC fighter El Ninja to become first argentinian athlete paid in crypto

Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina's economic deteriorating, announced the crypto payroll company Bitwage on Monday.

26.09 / 15:33

Stablecoin Binance Tether Usd Coin USDC stablecoin 3 reasons why USDC stablecoin dropping below $50B market cap is Tether's gain

The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022.

21.09 / 19:02

markets Hackers Usd Coin Bitcoin The impact of the Wintermute hack could have been worse than 3AC, Voyager and Celsius — Here is why

Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm also provides liquidity to some of the largest exchanges and blockchain projects.

19.09 / 16:59

Stablecoin Binance Tether Usd Coin Indian Indian exchange WazirX follows Binance in delisting USDC

Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD) stablecoin.

08.09 / 14:57

Binance Tether USDC Usd Coin Binance to convert users' USD Coin into its own stablecoin

USD Coin, Pax Dollar and True USD into its own stablecoin, Binance USD. The move is intended to enhance liquidity and capital efficiency for users, Binance said in a statement https://www.binance.com/en/support/announcement/e62f703604a94538a1f1bc803b2d579f. Stablecoins are a type of cryptocurrency designed to maintain a constant value, for example through a 1:1 U.S. dollar peg. They play a crucial role in facilitating crypto trading, and allow traders to store idle crypto cash without converting it back into fiat currency. Binance said it will stop trading on spot pairs which include USD Coin, Pax Dollar and True USD, although users will still be able to withdraw funds in the form of these stablecoins.

31.08 / 22:19

business Stablecoin Adoption Usd Coin Trading Pairs Support Bybit expands spot USDC trading pairs as support for stablecoins grows

Crypto derivatives exchange Bybit has partnered with stablecoin issuer Circle Internet Financial to expand its suite of spot trading pairs denominated in USD Coin (USDC) — a move the company says will increase retail and institutional access to USDC-settled products.

22.08 / 13:37

Stablecoin Adoption Usd Coin Holdings USDC whale holdings percentage lowest in almost two years

The percentage of USD Circle (USDC) stablecoins held by major wallet addresses dropped to its lowest point in almost two years as the cryptocurrency market downturn continues.

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