September 15th, 2025
USDC News - Page 11
Circle Denies Allegations that USDC Was Used to Fund Terrorism and Money Laundering
By Steve Muchoki
December 1st, 2023
Circle Chief Strategy Officer and Head of Global Policy Dante Disparte wrote a formal letter to Senators Sherrod Brown and Elizabeth Warren to refute claims that USDC has been used for funding the Hamas terror group.
Coinbase-backed bitsCrunch Announces Two-Week Registration for Community BCUT Token Sale on CoinList
By Steve Muchoki
December 1st, 2023
The BCUT token sale will begin on December 14, 2023, via CoinList with up to 65 million tokens up for grab at discounted prices.
Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users
By Steve Muchoki
November 30th, 2023
Paxos received the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to offer USD-backed stablecoins among other crypto services.
KyberSwap Recovers $5.7M from $47M Hack, Gives Hackers 10% Bounty
By Mercy Tukiya Mutanya
November 27th, 2023
KyberSwap has stated that it will continue to cooperate with law enforcement and cybersecurity experts to recover user funds and track down the perpetrators of the attack.
Stablecoin Issuer Circle Partners SBI Holdings for USDC Adoption in Japan
By Chimamanda U. Martha
November 27th, 2023
In addition to securing a new banking partner for its USDC stablecoin, Circle said that SBI will adopt its other business offerings, providing end-to-end development, deployment, and operations platforms for building and operating Web3 apps across blockchains.
Alchemy Pay Secures Money Transmission License in Iowa
By Tolu Ajiboye
November 23rd, 2023
Alchemy Pay is continuing its expansion in the United States and has now gotten a money transfer license in Iowa.
Bakkt Relaunches Its Crypto Custody Platform, Adds Support for Six New Cryptocurrencies
By Chimamanda U. Martha
November 16th, 2023
Bakkt added support for Dogecoin (DOGE), Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Shiba Inu (SHIB), and USD Coin (USDC), giving traders more options to invest in.
Cboe Digital Set Sight for Bitcoin and Ether Futures Trading in 2024
By Godfrey Benjamin
November 14th, 2023
Cboe Digital’s planned launch of margin Bitcoin and Ethereum futures is set to complement its existing spot crypto market, which includes trading pairs for Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USDC
Yield-Bearing Stablecoin Midas Backed by US Treasuries to Introduce stUSD Token
By Bhushan Akolkar
November 13th, 2023
The newly introduced Midas stablecoin, set to integrate with DeFi platforms in the current quarter before a retail launch early next year in 2024.
Stablecoin Issuer Circle Considers Going for IPO in 2024
By Mayowa Adebajo
November 8th, 2023
A Circle spokesperson confirmed that a public listing is not exactly far from the firm’s aspirations.
Circle (USDC) Report: Stablecoins Real World Utility Rises as Speculative Trading Drops 90%
By Steve Muchoki
November 8th, 2023
A recent research paper concluded that the use of stablecoins for speculative activities in the crypto assets industry has dropped by 90 percent since 2019.
Moody’s Analytics Finds over 600 Stablecoin Depegs YTD Triggered by High-Interest Rates
By Steve Muchoki
November 7th, 2023
Moody’s Analytics launched its AI-enabled Digital Asset Monitor meant to track the volatility and risk in DeFi amid the mainstream adoption of stablecoins by institutional investors.
Circle Announces Closure of Individual Consumer Accounts on November 30
By Steve Muchoki
November 1st, 2023
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts.
Magnificent Seven Stocks Lose $280 Billion as Crypto Market Spikes
By Tolu Ajiboye
October 26th, 2023
The crypto market’s largest assets have noted significant increases even as giant Magnificent Seven tech stocks plunged yestereday.
Mastercard Eyes Potential Web3 Partnerships with MetaMask, Other Wallet Providers
By Mayowa Adebajo
October 25th, 2023
Mastercard will release a set of franchise rules for wallet providers.