April 18th, 2025
USDC News - Page 22
Coinbase Weighing Up Listing Solana Ecosystem Tokens in Near Future
By Kofi Ansah
January 27th, 2022
Reports also suggest that Solana-native USDC, which currently has a $4.8 billion circulating supply, would be among the supported assets.
US Banks to Form Consortium and Roll Out USDF Stablecoin
By Sanaa Sharma
January 13th, 2022
Provenance Blockchain, a proof-of-stake network, will support the USDF, allowing it to be cashable on a one-is-to-one ratio from any of the consortium’s banks.
Fantom-based DeFi Project Grim Finance Loses $30 Million in Hack
By Bhushan Akolkar
December 20th, 2021
As per the details, the hackers managed to exploit Grim Finance’s vault contract via five reentrancy loops. Following it, Grim Finance paused all vaults immediately to prevent fund transfers to the hacker’s address.
Deel Expands Crypto Payment Options with Addition of USDC and Solana
By Tolu Ajiboye
December 14th, 2021
Payroll services provider Deel says contractors now have the option of choosing to receive salary payments in USDC and Solana.
Voyager Digital Launches Debit Card Linked to USDC
By Tolu Ajiboye
November 16th, 2021
Voyager Digital has launched USDC-linked debit card in an attempt to appeal to a broader customer base with annual rewards.
Circle Plans for Expansion in Asia, Will Invest in Japanese Efforts Towards Yen Stablecoin
By Gladis Monteiro
November 15th, 2021
The principal reason behind Circle expanding in Asia is the expected growth of stablecoins in the borrowing and lending markets.
Circle Launches $50M Venture Fund to Invest in Blockchain Projects
By John K. Kumi
November 10th, 2021
Circle has a larger mission of advancing innovation in financial services, and the newly launched Venture Fund will be a corporate activity that fits into this vision.
BitPay Partnership with Wix: Wix Merchants Can Accept Crypto Payments
By Bhushan Akolkar
October 13th, 2021
The BitPay integration will boost sales for Wix merchants while offering broader crypto payment options to customers. BitPay will facilitate payments in 12 different cryptocurrencies.
MoneyGram Partners with Stellar to Launch Instant Money Transfer via USDC Stablecoin
By Sanaa Sharma
October 7th, 2021
The eventual refurbishing of the ledger-based stablecoin bridge between crypto and local currencies will begin in early 2022, with an aim to reconnect MoneyGram’s 150 million consumers.
US FDIC in Process of Analyzing Deposit Insurance for Stablecoins
By Juhi Mirza
October 7th, 2021
FDIC is also assessing what direct deposit insurance would look like for banks who that to issue stablecoins in near future.
Fears of SEC Lawsuit Forces Coinbase to Drop Launch of Its Lend Product
By Bhushan Akolkar
September 21st, 2021
To avoid a further scuffle with the US SEC, Coinbase decides to drop its plan of crypto lending services with the USDC stablecoin.
SEC Threatens Legal Action Against Coinbase over Crypto Firm’s Proposed Lending Scheme
By Tolu Ajiboye
September 8th, 2021
Coinbase CEO Brian Armstrong disagrees with the SEC threat, adding that the Commission is simply threatened by the lending program.
Centre Consortium Introduces New Team Members to Push Adoption of Digital Assets
By Babafemi Adebajo
August 31st, 2021
The Centre hopes to sustain the growth momentum by bringing on new staff and opening up the Consortium to eligible organizations.
USDC Reserves to Be Held in Cash and US Treasury Bills Only, Centre Says
By Sanaa Sharma
August 23rd, 2021
The future attestation reports published by Grant Thorton, who is Centre’s auditing authority, will reflect the new changes of the USDC’s $22 Billion reserves.
Bitcoin, Altcoin’s Surge Pushes Global Crypto Market Cap Closer to $2T
By Godfrey Benjamin
August 12th, 2021
The growth of the thousands of digital currencies and its impact on the global crypto market cap is fast pulling the new range of asset classes from their nascent stages.