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 ...
Circle's USDC stablecoin will now be natively available on the Sui network. This integration, announced via separate press releases by Circle & the Sui Foundation, is expected to strengthen the Sui ecosystem by increasing liquidity and improving the overall user experience. Previously, Sui network users had access to a "bridged" ...
Stablecoin issuer Circle has partnered with Sony Block Solutions Labs to introduce USDC to Soneium, the Japanese tech giant’s recently launched public Ethereum Layer 2 blockchain. The partnership, revealed on September 16, will see Soneium integrate Circle's Bridged USDC Standard, establishing bridged USDC as a primary token for value exchange ...
The Spanish multinational banking giant BBVA has begun offering Circle’s USDC stablecoin to its high-profile clients in its Swiss division. BBVA’s institutional and private banking clients in Switzerland can now manage USDC alongside their traditional investments on a single platform, according to a recent press release by the bank. These ...
USDC issuer, Circle, is getting ready to introduce tap-and-go payments on iPhones, CEO Jeremy Allaire hinted in a recent post on X. Tap to pay using USDC on iPhones incoming soon. Wallet devs, start your engines. https://t.co/D6lsj4saMS — Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire) August 14, 2024 Allaire explained ...
Binance has announced its plans to convert a series of delisted tokens to USDC starting September 2. This move affects 15 tokens, including Bitcoin Gold (BTG), Monero (XMR), Tribe (TRIBE), Sologenic (SOLO), Spartan Protocol (SPARTA), and Symbol (XYM), among others. These moves reflect Binance's strategy to streamline its offerings and ...
Circle Internet Financial, the issuer of the widely-used USD-Coin (USDC), has highlighted the significant role of USDC in facilitating Asia settlements in its latest State of the USDC Economy report. Since its introduction in 2018, the stablecoin has emerged as a preferred choice for Asia remittances, facilitating transactions totaling over ...
Utopia Labs is revolutionizing cryptocurrency payments for businesses with the introduction of its groundbreaking service, USDC stablecoin bank transfers. This solution enables companies worldwide to seamlessly transfer USDC to any U.S. bank account, addresses a significant hurdle in the crypto space, and unlocks new business possibilities. Announcing USDC Bank Transfers ...
Cryptocurrencies have gained recognition as a promising substitute for conventional currencies, although their volatility has sparked legitimate concerns. However, a solution has emerged in the form of stablecoins, a novel development within the crypto industry. Stablecoins are specifically designed to tackle the volatility issues commonly associated with traditional cryptocurrencies. These ...
Circle CEO Jeremy Allaire, has stated that the value of stablecoin USD Coin (USDC) has been declining due to the crackdown by US regulators on cryptocurrencies. Allaire made this comment during an interview with Bloomberg TV. During the interview, Allaire stated that there is "a huge amount of concern globally ...
