USDC Stablecoin Momentarily Depegs to $0.74 on Binance

Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.

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Xapo Bank to enable USDC deposits and withdrawals

According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.

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On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg

Trading firms were quick to jump on the USDC long trade over the weekend as the stablecoin slumped to $0.88 amid banking concerns in the U.S.

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USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin

USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. The stablecoin issuer Circle had revealed that it had $3. 3 billion in deposits with the defunct bank, contributing to uncertainty regarding USDC.

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What is USD Coin (USDC), fiat-backed stablecoin explained

USDC is a U.S. dollar-backed stablecoin issued by Circle and Coinbase to combat the price swings of the highly volatile cryptocurrency market.

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USDC v. USDT - Is this stablecoin nearing its 'Circle' of life?

The stablecoin market, like the rest of the cryptocurrency ecosystem, continues to see new updates every day. Things changed rapidly, especially after TerraUSD [UST] came into the picture only to crasThe post USDC v.

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Crypto Whales Ditched Tether for USDC After Stablecoin Panic

After Terra’s collapse, whale addresses on the Ethereum blockchain ditched Tether's USDT, the largest stablecoin, to flock to the perceived safety of its competitor, USDC.

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61% of USDC Reserves in Cash and Cash Equivalents, Reveals Circle’s Transparency Report

With a market cap of nearly $26. 9 billion, USDC is the second-largest stablecoin capturing 23. 57% of the stablecoin market share, up from 9. 15% a year back. This year alone, USDC in circulation has grown by over 2,600%.

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Messari Report: USDC Is The Most Dominant Ethereum-Backed Stablecoin

The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC […]

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1inch to launch dollar-pegged stablecoin with ICHI

The new one1INCH stablecoin will be collateralized by a combination of USDC and 1inch's native token.

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USDC Stablecoin Goes Live on Tron (TRX) Blockchain

Leading USD-pegged stablecoin USDC is now functional on the Tron (TRX) blockchain. USDC Now Live on Tron USDC, a digital currency tied to the price of the U. S. dollar is now available on the Tron network, a report by Coindesk confirms.

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Messari: USDC set to become ‘dominant’ stablecoin on Ethereum

Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows.

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The USDC Stablecoin Will Soon Expand Its Reach To 10 More Networks

The second biggest stablecoin by market capitalization is already a multi-blockchain project. Soon, though, USDC will live almost everywhere. According to Coindesk, it will soon be available in, “Avalanche, Celo, Flow, Hedera, Kava, Nervos, Polkadot, Stacks, Tezos, and Tron.

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Leading Stablecoin USDC to Be Issued on Energy-Efficient, PoS-Based Tezos (XTZ) Blockchain

Tezos (XTZ) has been selected as one of the blockchains for the issuance of leading U.S. dollar-pegged stablecoin USDC. Centre Chooses Energy Efficient Tezos to Issue USDC Tezos (XTZ), a self-upgradable and energy-efficient, proof-of-stake (PoS) public blockchain has been chosen by Centre – the consortium supporting the USDC stablecoin founded by Circle and Coinbase –Read More

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USDC Stablecoin Could Launch on 10 More Blockchains Including Polkadot, Tezos, Tron

Leading U. S. -dollar stablecoin USDC could soon expand to 10 more blockchains. USDC Going Multi-Chain USDC, the USD-pegged stablecoin issued jointly by crypto exchange Coinbase and payments firm Circle via the consortium CENTRE is mulling expansion to 8-10 more blockchains, Coindesk reports.

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Coinbase Launches High Yield USDC Accounts With 4% APY

Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts.

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Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines

Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation.

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Stablecoin ‘yield’ deposits nearly doubled last month even as Bitcoin crashed

During May, the wealth management platform YIELD App, saw net deposits of Tether (USDT) increase 15. 5%, while net deposits of USD Coin (USDC) more than doubled, increasing 155. 5%, compared to April.

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Швейцарский криптобанк Sygnum предложил торговлю и хранение DeFi-токенов

Швейцарский регулируемый криптовалютный банк Sygnum расширил линейку оказываемых услуг, предложив клиентам хранение и торговлю токенами DeFi-проектов. #BreakingNews Sygnum Bank now offers regulated banking services for leading DeFi tokens: #Aave, #Aragon, #Curve, #Maker, #Synthetix, #Uniswap, #1inch, as well as stablecoin, USDC by Circle.

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Coinbase Cuts Down Fees on Stablecoin Pairs as their Market Grows 10x in 6 Months

Coinbase’s own stablecoin USDC is the fastest growing one that captures 21. 4% of the stablecoin market share. According to the Uniswap creator, “Hyper-efficient stablecoin trading on Uniswap v3” has resulted in Coinbase Pro reducing fees.

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Total Stablecoin Supply Surpasses $100 Billion; $70 Billion of it Issued Just This Year

While the dominant stablecoin Tether’s market cap has fallen from 85.63% a year back to now at 62.17%, USDC’s has surged from 6.77% to 21% during the same time period. The post Total Stablecoin Supply Surpasses 0 Billion; Billion of it Issued Just This Year first appeared on BitcoinExchangeGuide.

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USDC Attestations Run Late, Raising Alarms in the Crypto Community

USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks.

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Tether and USDC Hit Milestones as Stablecoin Growth Continues

Stablecoins like Tether (USDT) and USD Coin (USDC) are still growing despite a large-scale cryptocurrency market downturn. The post Tether and USDC Hit Milestones as Stablecoin Growth Continues appeared first on BeInCrypto.

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Stably integrates USDC & USDS deposits/withdrawals for Stellar-based wallets

CryptoNinjas » Stably integrates USDC & USDS deposits/withdrawals for Stellar-based wallets Stably, a stablecoin-as-a-service solution, today announced it has a new stablecoin bridge on the Stellar Network for Stellar’s USDC.

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Binance Smart Chain Partner Receives Funds From 16 Institutions

Built on top of Binance Smart Chain, CryptoTycoon (CTT) is a monopoly game based on Binance Coin (BNB), Binance USDC (BUSD), and stablecoin Tether (USDT). With it, users can play to construct in-game buildings by rolling the dice.

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Biggest one day USDC print in history marks lowest Bitcoin dominance in years

The $3 billion USDC influx puts the total supply of the stablecoin at around $14,4 billion, reaching over a quarter of Tether's market cap.

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USDC v. USDT: Could a 'flippening' be coming soon?

There seems to be no stopping the growth in the supply of stablecoins, but Coinbase-backed USDC, in particular, has reported massive gains this year to become the second-most used stablecoin in the maThe post USDC v.

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USDT, USDC, and BUSD represent 93% of stablecoin market cap

The three largest stablecoins represent a combined capitalization of $60 billion.

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Visa to settle transactions in USDC on Ethereum blockchain

Visa has become the first leading payments network to support the USDC stablecoin and… The post Visa to settle transactions in USDC on Ethereum blockchain appeared first on Coin Journal.

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Visa To Begin Accepting Cryptocurrency To Settle Transactions On Its Payment Network

Visa has today announced that it has successfully processed a USDC payment directly on the ethereum blockchain using crypto stablecoin USDC. The payments giant plans to introduce this new capability to its partners later this year.

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Visa to Settle Payments in USDC over Ethereum; A ‘Major Turning Point in Mainstream Crypto Adoption’

The second-largest stablecoin has added 7 billion to its total supply of almost 11 billion in just the three months of 2021. The post Visa to Settle Payments in USDC over Ethereum; A ‘Major Turning Point in Mainstream Crypto Adoption’ first appeared on BitcoinExchangeGuide.

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Visa Picks Ethereum Over Facebook Libra to Settle Payments; ETH/USD Up

Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which can handle 24,000 transactions per second, announced that it would offer users the option to settle transactions in Ethereum-based stablecoin USDC, becoming the first major payment services provider to have […]

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Payment Giant Visa Integrates USDC Stablecoin Support for Settlement

On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the Ethereum network.

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Stablecoin reserves on crypto exchanges hit new historic high of $10B

Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC.

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MiMo DeFi Protocol: World’s first decentralized lending platform to mint euro stablecoin PAR

Lock up your WBTC, ETH and USDC to mint PAR tokens and earn high-yield APYs through Liquidity Mining Pools. Singapore, 26 March, 2021 - MiMo DeFi has recently revamped its Web App and Wallet with aThe post MiMo DeFi Protocol: World’s first decentralized lending platform to mint euro stablecoin PAR appeared first on AMBCrypto.

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Circle Launches USD Coin on the Stellar Network

Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer.

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First Tether (USDT) Minted on Solana; Stablecoin USDC Launched on Stellar

Stablecoin issues Tether first announced during the summer of 2020 that it had launched its USDT coin on Layer 1 blockchain Solana, which claims to be faster and cheaper than Ethereum. Now, the first USDT has been finally minted on the Solana blockchain, as announced by Paolo Ardoino on Twitter late on Tuesday.

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USD Coin (USDC) Goes Live on the Stellar Blockchain

USD Coin, a stablecoin platform backed by Coinbase and Circle, is now live on the Stellar blockchain, as announced by both the Stellar Development Foundation (SDF) and Circle on Feb 2 in a press release.

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USDC Stablecoin Goes Live on the Stellar Blockchain

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Second-Largest Stablecoin USDC Transitions to the Stellar Blockchain

Circle, the principal financial technology firm behind USDC development, is often cited as a regulatory-friendly organization. In a Tuesday blog post, the SDF explained that users could access the USDC on Stellar’s decentralized exchange and five Stellar-integrated wallets.

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Stellar becomes new home of USDC as integration goes live

The Stellar blockchain can be used to pay with USDC, the second-largest stablecoin.

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Circle’s USDC Stablecoin is Now Running on Stellar’s Blockchain

USDC is now available on the Stellar blockchain. Circle has been using its stablecoin to expand payment processing features across the board. Circle's dollar-pegged stablecoin USDC marks another milestone as it moves to the Stellar blockchain Circle Financial and the Stellar Development Foundation announced that they had partnered on the initiative, bringing the world’s leading […] The post Circle’s USDC Stablecoin is Now Running on Stellar’s Blockchain first appeared on BitcoinExchangeGuide.

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Second-Biggest Stablecoin Goes Live on Stellar Network

USD Coin (USDC) has been officially launched on the Stellar network

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Circle’s USDC Stablecoin Market Cap Grows 50% Year to Date

Data from market monitor Skew has shown that the market capitalization for USDC has significantly risen by 100%. Results also reflected a steady ascent since the beginning of August 2020.   However, this steady growth accelerated at the beginning of 2021.

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Will Coinbase-backed USDC push Bitcoin's price higher?

With Tether’s dropping reserves having an impact on Bitcoin’s price, Coinbase-backed stablecoin USDC’s steadily climbing reserves may do the same. According to USDC's hourly mean inflow charThe post Will Coinbase-backed USDC push Bitcoin's price higher? appeared first on AMBCrypto.

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Circle CEO: USDC circulation has exceeded 3.3 billion

Jeremy Allaire, CEO and founder of digital currency company Circle, took to Twitter to share that the circulating amount of the USDC stablecoin is now over 3.3 billion. According to the CEO:  Just aThe post Circle CEO: USDC circulation has exceeded 3.3 billion appeared first on AMBCrypto.

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Escalating demand: Circle adds 300 Million USDC to circulating supply in six days

The second most popular stablecoin USD Coin has experienced tremendous weekly growth after adding 300 million USDC to the circulating supply, bringing the total to 3. 3 billion USDC. The growth has been linked to high demand for USDC in the crypto market.

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Circle Issues More Than 300 Million USDC in Less Than Week

Jeremy Allaire from Circle tweeted that the circulating amount of USDC stablecoin is now well over 3.3 billion as more than 300 million were added in less than a week

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Visa partners to launch USDC payments

A major card payment service Visa announced its partnership with CENTER to offer USDC linked payments. The company wants to link its payment network of 60 million merchants worldwide to the USDT stablecoin.

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