Tag: USDC
USDC Issuer Circle Restarts U.S. Treasury Purchases in BlackRock-Managed Stablecoin Reserve Fund
As of June 20, Circle added $2.2 billion of T-bills to the fund, while repos constituted some 90% of the fund’s $24.7 billion in assets, according to [...]
USDT, USDC, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
MicroStrategy (MSTR) shares are well positioned to outperform, given the company’s focus on acquiring and holding bitcoins, as the regulatory clampdow [...]
Circle Rolls Out Support for $USDC Stablecoin on Arbitrum $ARB
Businesses that have an account with Circle can now access Arbitrum USDC and “readily swap USDC across supported chains - avoiding the costs and delay [...]
USDC Issuer Circle Receives Digital Token License in Singapore
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Circle to launch ‘official version’ of USDC natively on Arbitrum
Circle recently announced plans for a June 8 launch of a new native version of its USD Coin (USDC) stablecoin on the Arbitrum network.1/ Circle is lau [...]
USDC Issuer Circle Has Ditched All U.S. Treasuries From Stablecoin Reserve Fund Amid Debt Ceiling Showdown
This is a significant change since the end of April, when the fund held more than $30 billion in U.S. Treasury bonds, according to Circle’s monthly at [...]
USDT market share jumps amid economic uncertainty, USDC shrinks
The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a down [...]
Stargate community proposes removal of Fantom USDC pool to mitigate risks
Stargate, the LayerZero cross-chain bridge protocol, has responded to the recent "force majeure" incident impacting Multichain and the stability conce [...]
USDC Stablecoin Issuer Circle Moves $8.7B to Repo Agreements Amid Risk of U.S. Default
Overnight repo transactions are effectively short-term collateralized loans. The borrower is selling a security – in this case, U.S. Treasurys – for c [...]
Crypto.com adds Pay support for MATIC, USDC and DAI
Singaporean cryptocurrency exchange Crypto.com recently launched an update to its DeFi wallet service enabling support for fiat-to-crypto purchases in [...]
The US should promote USDC — before it’s too late
Ignore the doomsayers. The United States is still the world’s leading economy and will remain so in the future. With its global talent pool and world- [...]
Circle reportedly adjusts USDC reserves to avoid US default risk
Stablecoin issuer Circle has reportedly adjusted its reserves treasury in an effort to reduce the risks of United States debt defaults.According to a [...]
Circle Unveils New Method for Moving USDC Between Blockchains
“With CCTP, developers can simplify the user experience and their users can trust that they are always transacting with a highly liquid, safe and fung [...]
USDC Stablecoin Was Strengthened by U.S. Banking Crisis in March, Allaire Says
“We've successfully navigated this crisis, and have actually upgraded the market infrastructure behind USDC to be by far the strongest, safest digital [...]
Circle launches cross-chain USDC transfer protocol for Ethereum, Avalanche
Circle, the creator of US Dollar Coin (USDC), has launched a mainnet protocol that lets users transfer USDC between Ethereum and Avalanche, according [...]