May 1st, 2025
USDC News - Page 20
Aave Secures Overwhelming GHO Stablecoin Approval, Looks to Rollout Creation & Implementation Phase
By Tolu Ajiboye
August 1st, 2022
Over 99% of voters in the Aave DAO have voted in approval of the platform’s over-collateralized GHO stablecoin.
DeFi Platform Portal to Conduct Equity Offering on Republic
By Godfrey Benjamin
July 21st, 2022
As revealed by the platform, the equity offering will be opened to all investors across a wide range of jurisdictions.
Circle CFO Says Company Expects Public Listing by Q4
By Ibukun Ogundare
July 19th, 2022
Fox-Geen revealed that the SPAC process takes longer for crypto companies.
Circle Issues First Monthly Report, Announces $55.7B Worth of Cash and Treasury Reserves
By Kofi Ansah
July 15th, 2022
The total amount of USDC in circulation as of June 30 was $55.57 billion, according to Circle, which has stated that it is completely backed.
Celsius Network Repays $78M in USDC to Aave, Withdraws 6,083 WBTC of Collateral
By Bhushan Akolkar
July 12th, 2022
As per reports, Celsius has repaid more than $300 million of debt since the beginning of July unlocking a major part of its collateral. It still has $140 million in loans left to be paid to Aave and Compound.
Voyager Digital Says Filing for Chapter 11 Bankruptcy Is Part of Reorganization Plans
By Mayowa Adebajo
July 6th, 2022
Many crypto-related firms have recently had their very existence rattled to their cores as a result of the wider market crash, and one of such is Voyager Digital.
Circle Rolls Out Euro Coin Under Similar Reserve Model as USDC
By Ibukun Ogundare
July 1st, 2022
USDC issuer, Circle Internet Financial, has released Euro Coin (EUROC), a euro coin stablecoin backed by full reserves.
Voyager Digital to Issue a Notice of Default to Three Arrows Capital, Share Price Tanks 50%
By Bhushan Akolkar
June 23rd, 2022
Voyager Digital has asked Three Arrows Capital for the entire repayment of its loaned amount of $350 million in USDC stablecoin along with 15,250 Bitcoins (BTC). Failure to do so will result into a notice of default.
Circle to Launch New Stablecoin Backed by Euro Reserves
By John K. Kumi
June 17th, 2022
Euro Coin would be in the custody of the leading financial institutions within the regulatory perimeter in the US.
TRON Native Token TRX Up 27% Following DAO $220M Deployment for Token Purchase
By Tolu Ajiboye
June 16th, 2022
The price of TRX benefitted from a committed move by the TRON DAO to shield its USDD stablecoin from collapsING following the recent dip.
Stablecoin Supply Falls Sharply for 1st Time Ever
By John K. Kumi
June 16th, 2022
According to the report, the most redemption among all centralized stablecoins was experienced by Tether.
Circle Set to Acquire Taiwanese Blockchain Infrastructure StartUp Cybavo to Leverage Web3 Services
By Tolu Ajiboye
June 10th, 2022
Circle wants to use the extensive suite of blockchain services provided by Cybavo for features such as multichain NFT minting.
Circle Brings Its USDC Stablecoin to Polygon Blockchain Network
By Bhushan Akolkar
June 8th, 2022
The addition of a native Polygon USDC will allow traders to instantly convert their fiat deposits to USDC. It will also allow businesses and developers to use Circle’s payments and treasury platform to accept instant payments in Polygon USDC.
Checkout.com Rolls Our Stablecoins Feature to Merchants
By Ibukun Ogundare
June 7th, 2022
Checkout.com announced its stablecoins move amid the general crypto fiasco. Major crypto assets have plunged substantially from their ATHs last year, and Bitcoin has lost over 50% from its record high.
FTX US President: Stablecoins Will Bounce Back after UST Debacle
By Oluwapelumi Adejumo
June 2nd, 2022
According to Harrison, Terra’s issue points to the role of exchanges in investor protection such as screening out assets that appear illegitimate or lack transparency and long-term value.