Circle, the issuer of the popular USD-backed stablecoin USDC, has announced a strategic partnership with Onafriq, Africa’s largest payments gateway, to pilot stablecoin-based settlements across the continent. This collaboration aims to significantly reduce the high costs and inefficiencies associated with cross-border payments in Africa. Currently, more than 80% of intra-African ...
Cryptocurrency exchange giant Bybit has expanded its Bybit Card cashback program by adding USD Coin (USDC), enhancing users’ ability to earn crypto rewards through everyday transactions. Starting April 25, cardholders can now choose to receive cashback in USDC, joining existing reward options such as USDT, BTC, and AVAX. With this ...
Binance is set to expand its USDC offerings by launching new trading pairs and algorithmic trading tools beginning Tuesday, April 8, at 08:00 UTC. According to the announcement published on the Binance Support Center, trading will open for VET/USDC and ZEN/USDC pairs on Binance Spot. The move is part of ...
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 ...
