Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain

Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron BlockchainThe U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank. Despite discontinuing support for USDC on Tron, Circle said it is still committed to growing […]

Go to Source

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET) […]

Go to Source

Powered by WPeMatico

Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter

Payments Giant Stripe Rolls out Pilot to Test Crypto Payouts With TwitterOn April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform is Stripe’s first partner. Stripe and Twitter Partner to […]

Go to Source

Powered by WPeMatico

PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle

MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed CircleFollowing the announcement that Circle, a fintech startup backed by Goldman Sachs, plans to launch a stablecoin pegged to the U.S. dollar, the blockchain-based ecosystem MoneyToken has confirmed the listing of the stablecoin, Circle USDC, on its lending platform and decentralized exchange.

The post PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico