USDC volume swells as market seeks more transparent and compliant USD token

USDC volume swells as market seeks more transparent and compliant USD token
фото показано с : blog.circle.com

2018-10-16 21:19

Since it was launched three weeks ago, USD//Coin (USDC) has seen significant increases in daily volumes, growth in its global market cap, and widespread adoption across the crypto industry. These trends have accelerated because market participants are seeking a more transparent and compliant USD token.

Here’s a snapshot of the growth for USDC across the ecosystem (including Circle activity):

Trading volume on exchange platforms in the last 24 hours has surpassed the volume for all of last week, with 2,000% growth week over week Market capitalization has grown 85% in the last week, now surpassing $25M More than 40 companies across the crypto ecosystem support USDC

Dozens of companies across the crypto ecosystem supported USDC when it was launched in late September and more companies announce support each week: In fact, nearly 10 new companies have announced support for USDC since it was launched on September 26.

You can see more USDC supporters here.

Investors and traders need seamless on and off-ramps for fiat currency into the exchange ecosystem, need to hedge in and out of volatile crypto assets, and need to move stable value across exchange venues to seek arbitrage and liquidity opportunities. USDC helps make all of that possible.

Because fiat tokens are foundational requirements for enabling powerful new global financial contracts, products, and services on the internet, we expect to see widespread adoption for USDC in the months and years ahead. USDC is the first of several fiat tokens CENTRE expects to deliver, and Circle is the first of a number of forthcoming CENTRE members to launch USDC issuance.

Learn more about USDC and sign up or sign in to tokenize and redeem USD here.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CK USD (CKUSD) на Currencies.ru

$ 0.2153 (+0.52%)
Объем 24H $0
Изменеия 24h: 0.67 %, 7d: -2.33 %
Cегодня L: $0.2128 - H: $0.2153
Капитализация $0 Rank 3492
Цена в час новости $ 0.9824 (-78.08%)

usd market token usdc compliant across crypto

Источник: blog.circle.com

usd market → Результатов: 126


CEO Of Tron Hints New Partnership, TRX Coin Price Pump Present Again

In a recent News BTC report, it was noted that the crypto market has lost yet another USD$20 billion in its total market capitalization last week. As witnessed via statistical data, Bitcoin’s and Ethereum’s value remained the same more or less, while altcoins found themselves in a fluctuating situation. By the weekend, most of the […]

2018-10-15 08:50


Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

2018-10-11 00:18


Фото:

Decentralizing The Dollar: True USD Distributed Asset Token

Stablecoins: what are they, why do we need them, how do they work? In this three-part series Andrew Ancheta casts an eye over three different economic models for stablecoins. Part one deals with the decentralized version of the current market leader, and examines how TrueUSD (TUSD) attempts to hurdle one of the highest barriers to […] The post Decentralizing The Dollar: True USD Distributed Asset Token appeared first on Crypto Briefing.

2018-10-9 16:40


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Trading for US Poloniex Customers Has Ended

All trading for US Poloniex customers has ended (effective as of November 1, 2019) and US Poloniex customers should stop depositing immediately and withdraw their assets through the new Poloniex US Withdrawal site poloniexus.

US crypto policy needs to change

We announced last Thursday that we plan to geofence some assets on Poloniex from the US and wanted to explain our decision. We are deeply frustrated that we needed to take these steps, but they are the direct result of the signaling from the recent guidance, in which US regulators

Circle celebrates five years of crypto OTC trading

Five years ago today on March 26, 2014, the original Circle consumer app launched in beta - a simple application that allowed people in the US and UK to connect their credit or debit card to buy bitcoin.

Circle 2018 accomplishments and 2019 themes

As we lock focus on 2019 and building the next stage in our vision of an open and connected global digital economy, we first want to take stock of where we are and share a look back at 2018 with all our customers, employees, partners, investors and industry stakeholders. It

Coinbase and Circle co-found the CENTRE Consortium

Circle and Coinbase have co-founded the CENTRE Consortium, a joint venture aimed at establishing a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of fiat stablecoins.