USD Coin (USDC) has reached a new all-time high, surpassing a market capitalization of 60 billion. Over the past three months, it has significantly outpaced its main rival, Tether (USDT), in growth, expanding its supply by 16.3 billion, while USDT’s supply increased by just 4.4 billion, according to data from ...
The Philippines' largest digital wallet, GCash, has added support for Circle’s flagship stablecoin product, USDC. The development increases the number of digital assets the platform supports through its crypto division, GCrypto, to 39. The addition of USDC support means that users now have access to another stablecoin, aside from PayPal’s ...
Binance has announced the addition of new USDC trading pairs to its Spot platform, aiming to enhance users' trading experience. The exchange will open trading for the DF/USDC, EPIC/USDC, GMX/USDC, MKR/USDC, and RPL/USDC pairs on March 18, 2025, at 08:00 UTC. To streamline trading strategies, Binance will also enable Trading ...
Japanese cryptocurrency exchange SBI VC Trade is set to introduce support for Circle’s USDC stablecoin, marking a significant milestone in Japan’s evolving regulatory landscape for digital assets. On March 4, The company announced the successful completion of its initial registration for stablecoin transactions, allowing it to process USDC trades. This ...
Binance Futures has announced the launch of new features for its yield-bearing asset, BFUSD, aimed at enhancing the user experience. These updates will be available starting January 22, 2025. The specialized trading platform stated that users can now purchase BFUSD using USDC in addition to USDT. Also, BFUSD holders can ...
AMINA Bank has removed custody fees for its Stablecoin Rewards Account, allowing clients holding USDC to earn quarterly rewards without the burden of traditional banking fees. The Switzerland-based crypto bank claims that the new offering enables individual and business clients to store their USDC holdings in hot and cold wallets, ...
Brazilian digital banking giant Nubank has launched a new feature offering a fixed 4% annual return for users holding USD Coin (USDC), Circle’s stablecoin. The initiative, announced on January 14, extends the rewards program to all crypto wallet users after a successful trial with a select group last year. The ...
Binance announced a groundbreaking partnership with Circle Internet Group, the issuer of the USDC stablecoin, in a press release at the Abu Dhabi Finance Week on December 11. This collaboration aims to enhance the global adoption of USDC by integrating the stablecoin across Binance’s extensive range of products and services. ...
Coinbase users in the European Economic Area (EEA) are voicing frustration as the exchange announces the end of its USD Coin (USDC) yield program. The move comes in response to the European Union's Markets in Crypto-Assets (MiCA) regulations, which restrict offering interest on stablecoins. In a notification sent on November ...
DeFi protocol Sky, formerly Maker, has launched its stablecoin, USDS, on the Solana blockchain. Announced on November 19, the rollout establishes USDS as Solana's first major DeFi-native stablecoin, broadening opportunities for lending, borrowing, and trading within the ecosystem. Sky described the launch as a pivotal step in its mission to ...
