April 30th, 2025
USDC News - Page 7
Cypher Protocol Developer Confesses to Gambling $300K of User Funds
By Bhushan Akolkar
May 15th, 2024
Cypher Protocol core contributor shared on-chain data showing how Hoak transferred $317,000 worth of Solana, USDT, and USDC, to his addresses on Binance.
Stablecoin Issuer Circle to Relocate Legal Headquarters from Ireland to US
By Tolu Ajiboye
May 15th, 2024
Even though a move to the US may cause Circle to incur more taxes, the company has confirmed to move, leaving Ireland.
Binance Launches USDC Flexible Products, Offering Users Up to 8% APR Rewards
By Steve Muchoki
May 13th, 2024
Binance announced a promotional campaign for its USDC simple earn flexible products, which ends on June 30, 2024.
XREX Singapore Secures MPI Licence from MAS for Cross-Border Solutions
By Bena Ilyas
May 13th, 2024
XREX Singapore introduces XREX Pay, offering businesses cross-border B2B payments and money transfer solutions. The platform will support traditional currencies like the Singapore Dollar (SGD) and US Dollar (USD) as well as stablecoins like Tether (USDT) and USD Coin (USDC).
Starknet Foundation Unveils $5M Seed Grant Program for Ecosystem Growth
By Chimamanda U. Martha
May 7th, 2024
The seed grant program will focus on projects associated with Starknet that have already reached the MVP or proof-of-concept stage.
US Government Now Holds $13.82B Worth of Bitcoin
By Chimamanda U. Martha
May 7th, 2024
Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings.
Over 90% of Stablecoin Transactions Are Non-Organic
By Bena Ilyas
May 6th, 2024
Visa’s metric filters out bot-driven and high-volume trader transactions, revealing that only $149 billion of $2.2 trillion in stablecoin transactions were from genuine user activity.
Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance
By Bena Ilyas
May 3rd, 2024
This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned entities and track the activities of major token holders.
DeFi Lending Platform Aave Reveals V4 Protocol Upgrade Plans
By Mayowa Adebajo
May 2nd, 2024
With all the upgrades that the proposal suggests, a notable part focused on growing the protocol’s algorithmic stablecoin GHO.
Visa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume
By Chimamanda U. Martha
April 29th, 2024
Over the years, Tether’s USDT has dominated the industry as the preferred stablecoin among its pairs, trading as the third largest crypto after Bitcoin and Ethereum, with a market capitalization of $110.64 billion.
Stripe to Allow Merchant Payments in USDC Stablecoin This Summer
By Bhushan Akolkar
April 26th, 2024
Stripe said that it would facilitate all of the USDC transactions through Ethereum, Solana, and the Polygon blockchain networks and immediately convert them into fiat.
DAI Hit Record $240B in On-chain Transaction Volume Last Week
By Benjamin Njiri
April 23rd, 2024
DAI’s $240B record weekly transaction volume eclipsed the rest of the stablecoins combined.
Vitalik Buterin’s Wallet Stuck with Over $1M on DeFi Bridge
By Bhushan Akolkar
April 23rd, 2024
Arkham Intelligence taps into several big whale wallets, funds of which are trapped into DeFi bridges such as Arbitrum and Optimism. Crypto exchange Coinbase also has $75,000 worth of funds stuck for nearly six months.
$60 Million Tether (USDT) Already Issued on TON within Three Days after Launch
By Bhushan Akolkar
April 22nd, 2024
Last week at the Token2049 crypto conference in Dubai, Tether unveiled its partnership with the TON Foundation, enabling Tether to mint USDT on the TON blockchain.
Chia Network’s CEO Gene Hoffman Confirms IPO Is Still at Play
By Steve Muchoki
April 19th, 2024
Chia Network confidentially filed an amended S-1 form with the US Securities and Exchange Commission at the end of March 2024.