Stablecoin – Page 40

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 […]

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WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’

A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed.

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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 […]

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JPMorgan’s CEO feels threatened by disruption in payment systems: Kevin O’Leary

At Converge22, the Shark Tank host said stablecoins are set to lead to a reduction in friction and fees worldwide.

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UFC fighter El Ninja to become first argentinian athlete paid in crypto

Beyond the Octagon, Guido Cannetti fights Argentina’s 78% inflation rate with USDC stablecoin.

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Acala Network to resume operations after burning 2.7B in aUSD stablecoin

A total of 2.97 billion aUSD erroneously minted were recovered after the glitch.

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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.

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Tether Reveals USDT Stablecoin Is Now Supported by Polkadot

Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further follows Tether being ordered by […]

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Digital bank FV Bank integrates USDC stablecoin for direct deposits

Apart from USDC support, FV Bank also plans to launch a custody service in Q4 2022, targeting major coins like Bitcoin and Ethereum.

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Bitcoin still dominates total payments on BitPay despite the bear market

Total crypto payments on BitPay remained stable despite the bear market, with monthly transactions surging from around 58,000 in 2021 to 67,000 in 2022.

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