Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters. Go to Source
Circle
Auto Added by WPeMatico
Circle Partners With Sony to Introduce USDC on Soneium
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange. … Read more
Circle integrates USDC with national payment systems of Brazil, Mexico
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions. Go to Source
Circle partners with Sony’s blockchain lab on USDC expansion
The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. Go to Source
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed … Read more
Circle predicts stablecoins will become mainstream global payment method
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space. Go to Source
USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle’s Allaire. Go to Source
USDC issuer Circle adds Arbitrum to Web3 platform
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT. Go to Source
BBVA Enhances Institutional Crypto Solutions With USDC Integration
BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows previous integrations of bitcoin and ether, expanding BBVA’s digital asset solutions for clients. BBVA Adds USDC to Enhance Institutional Crypto Services in … Read more
Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed. Go to Source
