Circle has launched its cryptocurrency platform, allowing customers to deposit and send bitcoin.
Binance moved its SAFU funds from Bitcoin and its native coin BNB to Circle’s USDC to ensure stability and reliability.
In the absence of a cohesive regulatory framework, these notable coins have taken divergent paths to navigate the stablecoins landscape.
With just 100 employees, Tether’s income per employee is 380 times higher than that of JPMorgan.
The ongoing regulatory scrutiny of Tron (TRX) and Justin Sun by United States agencies has led to the end of an era of Circle’s USDC in TRC20 standard.
BlackRock takes a big more towards asset tokenization through its SEC filing for the USD Institutional Digital Liquidity Fund.
Beyond stablecoins, the report also touches upon the sentiment within the crypto market, noting that the fear and greed index entered the “extreme greed” territory in late February.
The notable growth for Circle’s USDC is an indication of increased buying pressure for digital assets amid the confirmed crypto bull market.
The partnership will see OVERDARE roll out a new UGC mobile gaming platform for users to play their favorite games in Web3.
The Circle STARK proving system is built over the Mersenne prime field M31 and will enable Polygon and StarkWare to achieve greater scalability without compromising on security.
Circle’s decision also follows previous controversies surrounding its alleged connections with Tron founder Justin Sun.