Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov
Axelar’s co-founder shared his views on blockchain infrastructure and adoption at Converge22 in San Francisco. Go to Source Powered by WPeMatico
Circle
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Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with Circle’s crypto solutions. Circle Reveals … Read more
Robinhood and Circle Partner to Let Exchange and Wallet Users Utilize the Stablecoin USDC
After Robinhood Markets launched the company’s beta Web3 wallet on Tuesday and listed the stablecoin usd coin on the exchange platform Robinhood Crypto last week, the company announced a strategic partnership with Circle Financial. The deal revealed on Wednesday will provide Robinhood Crypto and Robinhood Wallet users with the ability to purchase and sell usd … Read more
Circle Product VP: USDC chain expansion part of ‘multichain’ vision
Speaking with Cointelegraph, Circle’s vice president of Product Joao Reginatto emphasized that devs soon won’t care what blockchain they build on, as interoperability will be key. Go to Source Powered by WPeMatico
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto … Read more
Circle CEO says blockchain industry is transitioning from dial-up to broadband phase
Allaire believes that privacy and identity are two fundamental pillars of a new Web3. Go to Source Powered by WPeMatico
3 reasons why USDC stablecoin dropping below $50B market cap is Tether’s gain
The stablecoin’s top-rival Tether has witnessed growth in its market cap, on the other hand. Go to Source Powered by WPeMatico
Bybit expands spot USDC trading pairs as support for stablecoins grows
The crypto derivatives exchange has partnered with Circle to expand its suite of USDC offerings; traders will also have access to auto conversions between the stablecoin and U.S. dollars. Go to Source Powered by WPeMatico
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Tether’s recently published blog post about the subject says the company is waiting for instructions from law enforcement. Tether … Read more
USDC whale holdings percentage lowest in almost two years
USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets. Go to Source Powered by WPeMatico