April 18th, 2025
USDC News - Page 5
Stripe Announces Strategic Partnership with Robinhood-backed Bitstamp to Expand Operations in Europe
By Steve Muchoki
August 7th, 2024
The partnership between Stripe and Bitstamp will initially support Bitcoin, Ethereum, Solana, XLM, and USDC.
Nexera Halts NXRA Trading amid $1.5M Exploit Investigation
By Leon Okwatch
August 7th, 2024
News of the hack has caused a dramatic drop in the NXRA token’s value, plummeting 40%.
Blast-based USDB Stablecoin Loses Dollar-Peg by 6% amid Crypto Market Selloff
By Bhushan Akolkar
August 5th, 2024
The massive liquidations in the crypto market and the market instability caused the USDB value to drop to $0.94. However, it bounced back later to regain its peg to $1.
Terra Blockchain Sees $3M Loss after Vulnerability Attack
By Godfrey Benjamin
July 31st, 2024
Once Terra blockchain discovered the attack, the team launched emergency measures to contain the situation. This helped prevent further damage and ensure that more tokens are not siphoned.
PayPal’s Solana-Based Stablecoin PYUSD Sees Rapid Growth
By Anisha Pandey
July 30th, 2024
Currently, PYUSD has a trading volume of $16.7 million, up by more than 140% in the last 24 hours.
Stablecoin Market Cap Surge to $164B after Year-Long Strain
By Godfrey Benjamin
July 25th, 2024
USD-pegged USDT is leading the bullish sentiment with an individual market capitalization of $114.26 billion.
Ferrari to Accept Crypto Payments for European Dealers, Eyes Global Expansion
By Bena Ilyas
July 24th, 2024
Ferrari’s foray into crypto space shows a growing confidence in the technology’s potential for secure and efficient transactions, particularly among high-net-worth individuals.
Bank of International Settlements Implements Stricter Regulations on Stablecoins
By Leon Okwatch
July 18th, 2024
The new rules require banks to provide detailed disclosures about their crypto activities and meet stringent liquidity standards.
Asset Manager DWS Plans to Release First EUR Stablecoin by 2025
By Bhushan Akolkar
July 12th, 2024
DWS said that the stablecoin coin will operate under the regulatory purview of Germany’s top financial regulator BaFin.
Bank of Italy to Issue New Guidelines for Crypto Regulation in Preparation for MiCA
By Chimamanda U. Martha
July 9th, 2024
The upcoming MiCA law recognizes Electronic Money Tokens (EMTs) and Asset-reference Tokens (ARTs) as viable payment methods. However, the instruments must meet certain criteria before they can be used for payments.
Number of Bitcoin Wallets Holding 10+ Coins Hits All-Time High
By Leon Okwatch
July 3rd, 2024
The future movement of Bitcoin’s price largely depends on stablecoin holders, especially those holding USDT and USDC.
Kraken Co-founder Jesse Powell Donates $1M in Crypto to Trump’s Campaign
By Steve Muchoki
June 28th, 2024
Trump’s presidential campaign has garnered more crypto support through donations since the recent legal battle.
Coinbase Joins Hands with Stripe to Onboard USDC on Base Network
By Bhushan Akolkar
June 28th, 2024
Under this partnership, Coinbase will also be integrating Stripe’s fiat-to-crypto on-ramp thereby allowing its users to purchase crypto with credit cards and Apple Pay.
Circle Increases Employee Count, Hiring 137 People: Report
By Anisha Pandey
June 19th, 2024
Having around 882 employees, Circle has added 137 new members and now plans to hire over 140 more.
Uphold Delists Several Stablecoins Ahead of EU’s Landmark Crypto Regulation
By Mayowa Adebajo
June 18th, 2024
Uphold’s announcement follows similar actions from other popular exchanges, including Binance, Kraken, OKX, and others.