May 1st, 2025
USDC News - Page 13
Coinbase and Circle Dissolve Consortium Partnership as USDC Integrates with 6 New Blockchains
By Mayowa Adebajo
August 22nd, 2023
Both parties will continue to generate revenue from USDC reserves interest income.
Circle Relies on $1B Cash Reserve to Fight Competition
By Godfrey Benjamin
August 11th, 2023
Circle revealed that it is actively pursuing partnerships to promote the adoption of USD Coin.
Circle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy
By Bhushan Akolkar
August 10th, 2023
The Circle CEO said that it’s time for the US to build on-chain dollars and embrace the multichain future, otherwise, the reserve currency could lose market share to China and Europe.
Coinbase’s Base Network Goes Live Pushing Web3 Development
By Bhushan Akolkar
August 10th, 2023
Coinbase Base Network will be home to several dApps and DEXs driving the next phase of blockchain revolution.
Binance Traded USDC In for BTC and ETH Following Silvergate Collapse
By Mercy Tukiya Mutanya
August 8th, 2023
The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1.
Cypher Protocol Halts Smart Contract Following $1M Exploit
By Godfrey Benjamin
August 8th, 2023
Following the attack, the Cypher Protocol team highlighted that an internal investigation had been launched to determine the root cause of the exploit.
Aave’s GHO Stablecoin Launches on Ethereum Mainnet, Here’s All You Need to Know
By Mayowa Adebajo
July 17th, 2023
The algorithmic GHO stablecoin is pegged against the United States dollar and is backed by several digital assets.
Circle Reduces Staff and Non-Core Projects to Strengthen Balance Sheet
By Babafemi Adebajo
July 13th, 2023
Circle is not the only crypto firm that has downsized amid industry headwinds.
Hackers of Multichain Seek Profit with Circle and Tether Stealing Frozen Funds
By Bhushan Akolkar
July 10th, 2023
Stablecoin issuers Circle and Tether have initiated action and blacklisted more than $67 million of stolen funds in USDC and USDT, which is around 50% of the stolen amount from the cross-chain protocol.
Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance
By Temitope Olatunji
July 6th, 2023
Even though Circle already offers USD Coin (USDC), its co-founder and CEO Jeremy Allaire believes that introducing a Yen-linked stablecoin would provide new opportunities.
Voyager Digital Records $134M in Outflows while Celsius Network Remains Dormant
By Tolu Ajiboye
July 5th, 2023
Voyager and Celsius are forging ahead with their bankruptcy plans but only Voyager seems to be making any crypto transfers.
Voyager Creditors Receive $5.1M Bill from Law Firm for March-May Services
By Tolu Ajiboye
July 4th, 2023
McDermott Will & Emery has submitted a new bill of $5 million to Voyager creditors for the third interim, leading to a total over $16 million.
Mastercard Unveils Multi-Token Network (MTN)
By Ibukun Ogundare
June 29th, 2023
Mastercard will utilize the Mastercard Crypto Credentials in the launch of its MTN.
SAP Clients Testing Cross-Border Payments with Circle’s USDC
By Godfrey Benjamin
June 23rd, 2023
Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments.
Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary
By Tolu Ajiboye
June 23rd, 2023
Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT.