November 3rd, 2025
USDC News - Page 29
Andreessen Horowitz-Backed Basis Stablecoin to Shut Down with $133M in Debts
By Julia Sakovich
December 13th, 2018
Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.
Crypto Exchange Poloniex Opens New Trading Services for Institutional Clients
By Darya Rudz
December 5th, 2018
Poloniex customers will now be able to access the large curated selection of crypto asset trading pairs, dedicated support, and robust API services.
Circle Has Enough USD Reserves to Fully Back Its USDC Stablecoin, Auditors Say
By Julia Sakovich
November 22nd, 2018
According to the first attestation report on Circle’s stablecoin, the firm’s USDC supply is fully backed by its dollar holdings.
Coinbase Finally Takes Ripple’s XRP on Their Custodian Services
By Teuta Franjkovic
November 18th, 2018
Coinbase Custody, the safekeeping arm of the crypto-finance giant, decided to add support for Ripple (XRP) on its institutional-aimed custodian service.
BitGo Banks on Stablecoins in a Bid to Win Over More Institutions
By Bhushan Akolkar
November 16th, 2018
BitGo recently added the Gemini Dollar (GUSD) to its list of stablecoin offering citing huge demand from institutional players.
Yet Another Stablecoin Launched, but This One With Real-time View of Fiat Reserves Balance
By Teuta Franjkovic
November 2nd, 2018
Stably is a venture capital-backed startup seeking to bring stability to the volatile cryptocurrency market through a secure, transparent medium of exchange. Having already raised around $500,000 in seed funding they kickstart the StableUSD project.
Circle’s USDC Stablecoin Becomes the First to Be Listed on Coinbase
By Eugenia Kovaliova
October 24th, 2018
Circle’s USD Coin has recently been listed by Coinbase as the first stablecoin supported by the exchange and the second ERC-20 token available for trading.
Paxos Standard Approaches Tether in the Stablecoin Race with the Market Cap Making over $41M
By Darya Rudz
October 22nd, 2018
The leading stablecoin Tether is challenged by PAX which has seen growth lately and has a market capitalisation of $41.94 million.
As Tether’s Valuation Sinks, Gemini Dollar Takes Lead in the Stablecoin Market
By Bhushan Akolkar
October 17th, 2018
Controversial stablecoin Tether is going through a rough phase losing nearly 20% of its valuation in a week’s time with the decrease in USDT circulation in the crypto market.
Bitcoin Payment Processor BitPay Introduces USDC and GUSD Stablecoin Settlements
By Darya Rudz
October 16th, 2018
BitPay customers may now receive settlement in Gemini Dollar (GUSD) and USD Coin (USDC), USD-pegged cryptocurrency stablecoins, without relying on costly, time-consuming wire transfers.
OKEx Cryptocurrency Exchange Adds Support for Four USD-Pegged Stablecoins
By Bhushan Akolkar
October 15th, 2018
Owing to growing concerns of Tether’s suspicious operations, cryptocurrency exchanges are considering to adopt other secure stablecoin offerings.
Stablecoin Euphoria: Cryptocurrency Finance Firm Circle Releases Its First USD Stablecoin
By Eugenia Kovaliova
September 27th, 2018
A global crypto finance company Circle finally releases its first stablecoin USDC, which is already available on Circle Trade and Circle’s exchange Poloniex.