May 1st, 2025
USDC News - Page 19
Robinhood Taps USDC Issuer Circle to List Its First Stablecoin
By Mayowa Adebajo
September 29th, 2022
Robinhood’s partnership with USDC comes at a time that stablecoins are subject to criticisms and intensified scrutiny.
Payments Company Stripe Announces Deal with Braintrust for Freelancer USDC Payouts
By Mercy Tukiya Mutanya
September 23rd, 2022
Freelancers with Braintrust will now be able to receive payments in their crypto wallets in a matter of minutes.
Celsius Network Reportedly Turning Debt into Crypto IOU Tokens
By Tolu Ajiboye
September 23rd, 2022
A leaked audio file suggests that Celsius Network is resorting to crypto IOU tokens as a way to pay back customers.
Circle Partners with FV Bank for USDC Deposits
By Mercy Tukiya Mutanya
September 22nd, 2022
FV bank integrates traditional banking with digital asset custody services and has products ranging from depository accounts and payment services to digital asset custody.
WazirX Announce USDC Delisting, Auto-Converting to BUSD
By Mercy Tukiya Mutanya
September 20th, 2022
This delisting comes two weeks after global crypto exchange Binance announced its plans to delist USDC.
Algorand Foundation Reveals $35M Exposure to Embattled Crypto Lender Hodlnaut, Commits to Maximally Recovering Its Assets
By Tolu Ajiboye
September 12th, 2022
Following recent Hodlnaut credit woes, the Algorand Foundation says 3% of its assets are tied up with the Singaporean-based crypto lender.
Circle CEO Not Concerned of Binance’s USDC Exit, Calls It Good Thing
By Bhushan Akolkar
September 7th, 2022
Circle CEO Jeremy Allaire said that Binance’s forced conversion will “likely lead to more USDC flowing to Binance”.
Binance to Discontinue Support for Rival Stablecoins Such as USDC, USDP, TUSD
By Bhushan Akolkar
September 6th, 2022
Soon after Binance’s announcement, BUSD’s daily trading volumes by more than 56% to over $6.5 billion.
Tether Continues to Support Tornado Cash Addresses Despite US Sanctions
By Bhushan Akolkar
August 25th, 2022
Tether said that they haven’t received any specific request from law enforcement for freezing the addresses. The USDT issuer said that they refrain from unilaterally freezing secondary market addresses.
Tether (USDT) Sees Market Cap Rise by $2B amid Tornado Cash Sanctions
By Mayowa Adebajo
August 17th, 2022
The market capitalization of Tether (USDT) is finally on the uptrend after nearly three months in an opposite direction.
dYdX Blocks Accounts Associated with Tornado Cash in Compliance with OFAC Sanctions
By Ibukun Ogundare
August 12th, 2022
dYdX explained that the sudden influx of flags affected many account holders that do not have directly engaged with Tornado Cash.
Tether Announces Support for PoS Ethereum
By Mercy Tukiya Mutanya
August 10th, 2022
Tether believes that the Merge is “one of the most significant moments in blockchain history”.
Circle Says Its USDC Stablecoin Won’t Support Ethereum Proof-of-Work Hardfork
By Bhushan Akolkar
August 10th, 2022
The top two stablecoin issuers – Circle and Tether – have distanced themselves from any hardfork in Ethereum. They said that they will continue to support the PoS transition of Ethereum.
Vitalik Buterin Says Centralized USDC Will Tilt Balance in Future ETH Hard Forks
By Godfrey Benjamin
August 5th, 2022
In resolving the potential favoritism that may be shown amongst the two Ethereum protocols in the future, Vitalik Buterin is proposing that the ecosystem should learn to adopt a wide range of stablecoins in order not to concentrate power on just a single protocol.
Dtravel Makes Its First Booking via Smart Contracts
By Sanaa Sharma
August 5th, 2022
In comparison to Dtravel, other booking sites charge around 15-20% and the owners and customers usually share the amount.