Introduction In a groundbreaking development for the blockchain ecosystem, Wormhole has successfully integrated Circle’s Cross-Chain Transfer Protocol (CCTP), enabling seamless transfers of USD Coin (USDC) across Ethereum, Avalanche, Arbitrum, and Optimism networks. This integration marks a significant milestone in the…
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USDC Native Integration Expands Across the Polkadot Ecosystem
Introduction Welcome to our comprehensive coverage of the recent development in the Polkadot ecosystem. In this article, we will explore the exciting news of the native integration of USDC, the second-largest stablecoin by market cap, into the Polkadot network. This…
Good Tides for Circle USDC Token as It Records a $100 Million Weekly Circulation
Circle USDC is among the most popular stablecoins due to its large trading volume. Besides other larger stablecoins like the USDT, the USDC follows suit. So, there were some recent actions by the issuer of the token. Repurchase of More…
OKX Crypto Exchange and Circle Partner to Introduce Fee-Free USDC Transactions
In the world of cryptocurrencies, partnerships and collaborations often lead to groundbreaking developments. In a significant move, OKX Crypto Exchange and Circle have joined forces to revolutionize USDC transactions by making them fee-free. This partnership aims to enhance the efficiency…
Unlocking the Potential: Coinbase’s USDC Interest Rate Soars to 5%
In the dynamic world of cryptocurrencies, staying ahead of the curve is imperative. In this article, we delve into the exciting development at Coinbase, where they have raised their USDC (USD Coin) interest rate to an impressive 5%. This strategic…
Visa to Send Stablecoin USDC over Solana to Help Pay Merchants in Crypto
As Visa aimed to expand its potential to more clients, there was an urgent need to utilize newer, high-performance blockchains that could send and receive stablecoins at a faster rate and at a lower cost. For these reasons, Visa supported…
Xapo Bank Makes History: Becoming the First Bank to Fully Integrate with USDC Stablecoin
Xapo Bank has achieved a groundbreaking milestone by becoming the first bank to fully integrate with the USDC stablecoin. This pioneering integration aims to provide users with greater flexibility, ease of use, and access to a wide range of financial…
Circle fights to save USDC after Signature Bank collapse: Will they succeed?
Circle, a leading issuer of the stablecoin USDC, has reportedly moved to restore investor confidence after an operational failure at Signature Bank caused some investors to lose access to their funds. Signature Bank’s Operational Failure Causes USDC Disruptions Signature Bank…
USDC Depeg’s, currently at .92cents, Circle Confirms $3.3B Stuck with Silicon Valley Bank
Circle, the company behind USDC, the second-largest stablecoin in circulation, recently confirmed that its cash reserves worth $3.3 billion(alleged 9.8 billion from Deloitte audit ) have been stuck with Silicon Valley Bank (SVB), which was taken over by regulators and…
Coinbase pauses USDC to USD for the weekend – Puts investors in worry
Coinbase temporarily pausing USDC:USD conversions over the weekend possibly due to its Circle’s Silicon Valley bank exposure USDC was one of the most trusted stablecoin and with Circle’s undisclosed exposure puts investors at risk. With no prior warning, Coinbase decided…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
