By integrating the USDC for users in Chile, Circle will be hoping to offer them the stability of the U.S. dollar while also creating diverse payment options for them.
While the exact start date of Tether’s partnership with the bank remains undisclosed, the crypto-focused company has historically been discreet about its banking relationships.
The wallet holds a significant amount of ETH alongside other cryptocurrencies worth around $80 million in its portfolio.
At the heart of this transformation lies Axelar’s innovative Satellite Bridge, a technology that simplifies the transfer of assets between different blockchain networks.
Both companies are also planning to launch three types of Bitcoin Futures ETFs.
In total, more than 16 trillion tokens were moved on Thursday, August 24, which had a noticeable impact on the market. The amount represents 3.8% of the token’s total market supply.
The nCOP is Num’s third answer to the extremely high demand for stablecoins in Latin America and other regions.
Pantera Capital believes that the recent XRP ruling, possibility of a BlackRock ETF and the next Bitcoin halving will spike prices.
Although the application of the Howey test to staking Ethereum and many other cryptocurrencies can be complex and subject to different legal interpretations, the SEC insists that staking qualifies as an investment contract under the Howey test.
All eyes are on the Fed’s Jackson Hole meeting ahead this week as Fed Chair Jerome Powell is likely to announce interest rate hikes.
In addition to aiding USDC payments on Shopify, the integration will allow businesses to design their respective loyalty programs.
Amidst the legal battle and regulatory scrutiny, July 2023 witnessed a seismic shift in the narrative surrounding the case.
While the BTC and Ether prices try to stabilize, altcoins like XRP, Cardano, Solana, and Polygon continue to extend losses further.
Both parties will continue to generate revenue from USDC reserves interest income.
While there is still no word from Vitalik Buterin, the Ethereum co-founder’s ETH move connects with a poor market and possible ETH ETF.