USDC
USD Coin (USDC) is a stablecoin pegged to the U.S. dollar on a 1:1 basis, backed by a reserve of cash and short-term U.S. Treasury bonds. Launched in September 2018 by the Centre consortium, USDC is issued by regulated financial institutions. It aims to be "digital money for the digital age," facilitating cashless transactions. USDC serves various use cases, including a safe haven for crypto traders, enabling businesses to accept digital payments, and impacting sectors like decentralized finance and gaming. The goal is widespread acceptance across wallets, exchanges, and other platforms.
Circle Publishes Inuagural USDC Reserve Treasury Report for June
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June
Banking Circle Adopts USDC as Currency on its Payment Rails
Banking Circle, an European Union (EU) regulated payments bank has announced that it has integrated the USD Coin (USDC) stablecoin into its payment rail
USDC Enjoys Robust Reserve & Redeemed on 1:1 basis with USD, Says Circle CEO
Jeremy Allaire, the founder and CEO of USDC stablecoin issuer- Circle, shared on Twitter about the firm and how to place in a better position financially, despite the ongoing crypto market meltdown.
Circle Inks Strategy Partnership with Bancorp for USDC Custody
Circle Internet Financials LLC, the blockchain company responsible for the issuance of the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB).
Bybit Launches Futures Contracts Settled in USDC Stablecoin
Bybit is one of the major crypto exchanges offering futures trading services globally. The exchange has launched a new trading service that settles options contracts in the stablecoin USDC.
USDC Issuer Circle to Launch Euro-Backed Stablecoin
The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.
Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement
Checkout.com has launched offering stablecoins as a payment option for its merchants by using Fireblocks’ new crypto payment technology.
Is the Luna stablecoin crash a sign of the entire industry's death?
It is impossible to tell for sure whether the dump was a deliberate act, who stood behind it, or what its purpose was. Transparency in Terra's actions could shed light on these questions.
Bentley University Rolls Out Crypto Payment Option for Tuition Fees
To offer students and their families new methods to pay tuition, US-based Bentley University has started accepting crypto payments.
Will BlackRock monopolize the entire crypto market?
BlackRock Inc., who amassed $10 trillion in assets under management at the end of last year, and was even dubbed the "fourth branch of government" is making headlines with its plans to offer crypto trading via its Aladdin platform, lend money using crypto assets as collateral, and become the primary manager of Circle's USDC cash reserves.