2023-2-11 23:43 |
The USD Coin (USDC) stablecoin has seen a frenzy of activity on Feb. 10, 2023 with many billions worth of the stablecoin burned and minted on the Ethereum (ETH) blockchain.
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The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week.
2022-2-28 00:00 | |
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In what will undoubtedly be the costliest Ethereum approval in February 2021, one user paid $42.2k in a single transaction to move funds from his USDC account to Uniswap V2 on Feb 23. The Error Coincidentally, this is when ETH prices toppled from their highs of around $1.8k, sinking to as low as $1.48k beforeRead More
2021-2-25 20:00 | |
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USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.
