Circle Internet Financial’s stablecoin, USDC, has experienced a significant rise in transaction volume this year, surpassing Tether’s stablecoin, USDT, to become the market leader. According to data compiled by Visa Inc. in collaboration with Allium Labs, USDC’s growing dominance reflects…
Dogecoin Close to Overtaking USDC in Market Valuation at Over $30 Billion as Price Targets $0.30
Dogecoin, one of the biggest memecoins in the crypto market, and USDC, a stablecoin, are battling out in the crypto market. Apparently, each is trying to go above the other in terms of market valuation, with DOGE getting closer to…
Circle Axes $28 Billion USDC Support on Tron Amid Risk Management
In a significant development within the digital asset sector, the operator of the $28 billion USDC stablecoin has made the decision to discontinue its support for the Tron blockchain. Circle Internet Financial Ltd., the operator of USDC, announced this move…
Circle to Halt USDC Minting on Tron Network with Immediate Effect – What happened ?
Circle, a prominent player in the digital currency realm, has announced the discontinuation of support for USDC (USD Coin) on the TRON blockchain in a phased transition. This decision comes into effect immediately, with Circle ceasing the minting of USDC…
Circle Ventures Makes Strategic Investment in Sei to Activate USDC Use Cases
Sei, celebrated as the industry’s fastest Layer 1 blockchain, has recently become the focus of strategic investment from Circle Ventures. It is a move signaling a pivotal exploration into innovative applications for Circle’s USDC within Sei’s flourishing ecosystem. This collaboration…
Wormhole Incorporates Native USDC Transfers Across Four Blockchain Networks
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…
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…
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…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
