April 18th, 2025
USDC News - Page 21
Dubai Hotel Partners with Binance to Accept Crypto Payment
By Ibukun Ogundare
May 31st, 2022
Following the partnership with Binance, anyone can now use Binance Coin (BNB), Bitcoin (BTC), or Ethereum (ETH) to book rooms in The Manor Hotel by JA.
Balenciaga to Accept BTC and ETH in US and Online
By Mercy Tukiya Mutanya
May 24th, 2022
This news comes while the crypto industry is in a bear market. The Paris-based fashion house, however, has made it clear that its crypto plans are long-term.
Crypto Businesses Establish Dominance along Commercial Strip in Davos
By Tolu Ajiboye
May 24th, 2022
Several crypto companies advertising their wares took the stage at this year’s World Economic Forum in Davos despite the recent market crash.
BVNK Generates $40M in Series A Funding Led by Tiger Global
By Ibukun Ogundare
May 12th, 2022
BVNK will use the funds realized from the Series A round to further its push for regulatory approval.
Terra’s LUNA Tanks 15% after Native Stablecoin UST Loses Peg
By Bhushan Akolkar
May 9th, 2022
As per the report, a single whale served millions of UST on Binance and Curve. The Luna Foundation Guard has now initiated some corrective measures for the same.
Tether Launches USDT on Kusama Network
By Babafemi Adebajo
April 14th, 2022
According to the announcement, USDT will trade and facilitate transactions on the network’s first parachain Statemine.
Circle Doubles Down on Its Crypto Bank Charter Plans for ‘Near Future’
By Tolu Ajiboye
April 14th, 2022
Circle has confirmed that it is on course to securing approval for a bank charter and is already discussing with regulators.
BlackRock Eyes Crypto and Blockchain Industry
By Steve Muchoki
April 14th, 2022
BlackRock and Circle have on top of the funding signed a strategic partnership to market the use of the USDC coin.
Circle Announces $400M Funding from BlackRock, Fidelity, Others
By Ibukun Ogundare
April 13th, 2022
Allaire referred to the funding as a milestone moment for Circle. He said the round is part of the “coming of age” of crypto as Circle continues to target the mainstream adoption of USDC.
Circle Selects BNY Mellon as Custodian for USDC Reserves
By Tolu Ajiboye
April 1st, 2022
Circle says BNY Mellon will be its official primary custodian for USDC reserves which would be held in cash and treasuries.
Ola Finance Loses $3.6 Million in Latest DeFi Hack
By Babafemi Adebajo
April 1st, 2022
Commenting on the attack, Ola Finance noted it was still investigating the incident. It promised to provide a detailed report.
Circle Launches New Account to Facilitate Runnig Business with USDC
By Ibukun Ogundare
February 24th, 2022
The Circle Account provides USDC to its customers across the world. With more than $52 billion in distribution on February 23, 2022, USDC is backed fully by cash and equivalents and short-duration US Treasuries. It is exchangeable 1:1 for US dollars.
Luna Foundation Guard Raises $1B to Form UST Forex Reserve in BTC
By Bhushan Akolkar
February 23rd, 2022
Luna said that the Forex Reserve will help it prevent the risk of a “bank scenario” scenario associated with algorithmic stablecoin. The reason for choosing the BTC denominated Forex Reserve is that it is less correlated to the Terra ecosystem.
Circle Says Its Valuation with Concord Doubled to $9B Following Tweaked SPAC Deal
By Tolu Ajiboye
February 17th, 2022
Following a review with Concord, a SPAC, Circle now has a new valuation at $9 billion from the previous $4.5 billion.
Voyager Digital to Allow Customers to Use USDC for Buying Stocks
By Ibukun Ogundare
February 9th, 2022
In addition to accepting USDC, Voyager also plans to offer commission-free equity trades to users.