Usd Coin Financial News

30.05 / 20:45

Cardano cryptocurrency price today Usd Coin Top cryptocurrency prices today: Avalanche, Solana, Cardano, Shiba Inu zoom up to 13%

Barring the stablecoin USD Coin, all crypto tokens were trading sharply higher on Monday. Avalanche zoomed more than 13 per cent, whereas Cardano and Shina Inu posted double-digit gains. Polkadot and Solana advanced 9 per cent each. The global cryptocurrency market cap was trading higher at the $1.26 trillion mark, jumping more than 5 per cent in the last 24 hours. However, the total cryptocurrency trading volume zoomed over 8 per cent to $55.27 billion.

21.05 / 08:55

Blockchain Stablecoin Tether Usd Coin Do you have the right to redeem your stablecoin?

Stablecoins are often discussed with regard to their “stability.” It is usually questioned whether a stablecoin is sufficiently backed with money or other assets. Undoubtedly, it is a very important aspect of stablecoin value. But, does it make sense if the legal terms of a stablecoin do not give you, the stablecoin holder, the legal right to redeem that digital record on blockchain for fiat currency?

20.05 / 08:29

business Stablecoin Usd Coin Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more....

Fallout from the collapse of the Terra ecosystem continues to unfold with the United States-based yield generation app Stablegains facing potential legal action over its losses from the event.

18.05 / 23:07

markets Stablecoin Tether Usd Coin Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?

The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second largest blockchain after Ethereum (Terra), the de-peg contagion seems be spreading wider.

18.05 / 20:43

Stablecoin Tether Usd Coin Bitcoin analysts Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview

Financial commentator Frances Coppola is convinced that algorithmic stablecoins such as TerraUSD (UST) will always be vulnerable to sudden collapses, no matter how much the technology improves.

17.05 / 06:55

business Stablecoin Tether Usd Coin reserves Stablecoin supplies and cash reserves in question amid crypto exodus

Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT) resulting in its market capitalization falling by 7.8% over the past seven days to $76 billion.

15.04 / 22:21

Blockchain Stablecoin Tether Usd Coin Bitcoin Tether is gaining momentum against competing stablecoins, says Tether CTO

Paolo Ardoino, the chief technology officer of Tether and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as USD Coin (USDC).

13.04 / 18:01

Stablecoin Adoption Tether Usd Coin Crypto portfolios: How much of a stablecoin allocation is too much?

Cryptocurrencies are well-known for being volatile assets, which means that experienced traders have plenty of opportunities in the space. Investors can expect to be taken on a wild ride if they plan on holding for a long time.

12.04 / 16:49

business Stablecoin Adoption Usd Coin BlackRock joins stablecoin issuer Circle's $400M funding round

Circle, a major peer-to-peer payments firm and the principal operator of the UDC Coin (USDC), has announced a $400 million funding round and a new partnership with the American investment firm BlackRock.

31.03 / 21:51

Blockchain Stablecoin Adoption Usd Coin BNY reserves Circle selects BNY Mellon as custodian for USDC reserves

On Thursday, USD Coin (USDC) operator Circle announced that it had selected financial institution BNY Mellon as the custodian of its USDC reserves. Founded in 1784, BNY Mellon is one of the oldest banks in America and possesses over $46.7 trillion in assets under custody or administration worldwide. It serves as a single point of contact for clients looking to manage their investments. With the new partnership, BNY Mellon said it will also explore the possibility of using digital cash for settlement purposes. Roman Regelman, CEO of asset servicing and head of digital at BNY Mellon, gave the following remarks:

18.03 / 06:03

cryptocurrency price today Tether Usd Coin Top cryptocurrency prices today: Bitcoin, Avalanche, Ethereum gain up to 9%; Terra drops 2%

cryptocurrencies climbed up to 9 per cent in the last 24 hours, with Bitcoin topping the $41,000 mark and Avalanche and Ethereum seeing big swings. Bitcoin, the largest crypto by market value, was trading 0.69 per cent higher at $41,124.58, taking its seven-day gains to 0.8 per cent. Ethereum surged 2.9 per cent in the last 24 hours to $2,769. The second-largest cryptocurrency by market value has risen 3.9 per cent in the last one week. Tether, the third-largest, was almost flat at $1 and so was USD Coin, which was flat at $0.99. BNB added 1.19 per cent, XRP gained 2.01 per cent but Terra fell 2.12 per cent.

12.03 / 01:57

Ethereum Stablecoin Adoption Usd Coin Utility Altcoin Roundup: DeFi token prices are down, but utility is on the rise

The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 2020 through the first quarter of 2021. Currently, investors are debating whether the crypto sector is in a bull or bear market, meaning, it’s a good time to check in on the state of DeFi and identify which protocols might be setting new trends.

24.02 / 13:43

Usd Coin Bitcoin FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis

The world woke up to a “sea of red” which was not necessarily limited to the financial markets, as Russia declared war on Ukraine early Thursday.

23.02 / 17:17

business Stablecoin Circle Usd Coin Stablecoin issuer Circle launches business accounts for USDC transactions

USD Coin (USDC) operator Circle has launched a new account service aimed at helping businesses transact in cryptocurrencies — potentially opening the door to wider mainstream adoption of digital assets.

18.02 / 00:43

business Stablecoin Circle Usd Coin Concord valuation Circle’s valuation doubles to $9B following revised merger agreement with Concord

USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020.

08.02 / 11:31

cryptocurrency cryptocurrency price today Shiba Inu Usd Coin Bitcoin Top cryptocurrency prices today: Bitcoin near $44,000; XRP, Shiba Inu, Ethereum zoom up to 20%

cryptocurrency market was trading higher on Tuesday on the back of strong volumes. Short term holders have made decent gains lately as the largest crypto token has zoomed more than 12 per cent since Friday. In the broader cryptocurrency market, prices of most tokens also rallied. Altcoins have outperformed behemoths over past trading sessions. Barring the dollar-pegged USD Coin, all other nine out of the top-10 digital tokens were trading with decent gains on Tuesday. Bitcoin rose to a four-week high, climbing for consecutive sessions lately, driven in part by the liquidation of some short positions that have accumulated in the virtual currency's recent three-month downtrend.

01.02 / 08:05

Stablecoin Adoption Tether Usd Coin USDC stablecoin Circle's USDC stablecoin gobbles Tether's market share with 50B milestone

The world’s second-largest stablecoin by market capitalization keeps on growing as it erodes the dominance of the current leader, Tether.

28.01 / 00:05

Ethereum Stablecoin Tether Usd Coin Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance

Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on-chain analytics firm Nansen.

15.01 / 09:35

Blockchain Stablecoin Usd Coin Framework regulatory Hong Kong begins discussions to introduce stablecoin regulatory framework

Hong Kong's central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-backed regulator intends to establish a regulatory framework by 2023-24.

12.01 / 16:33

Stablecoin Tether Usd Coin Bitcoin reserves Hong Kong Monetary Authority aims to oversee stablecoin reserves

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), wants to supervise stablecoin issuance and reserves management.

17.12 / 00:49

business Blockchain Charity Usd Coin Disaster Circle and Endaoment to create USDC-based disaster relief fund for communities impacted by deadly tornado

Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week's deadly tornadoes. The two entities hope to raise $1 million in grants to support the American Red Cross and local non-profits.

Usd Coin Financial News

popular questions about Usd Coin

What is Usd Coin and why is it gaining attention?

Where can I find the latest updates on Usd Coin?

How can I verify the accuracy of information on Usd Coin?