Circle launches USDC stablecoin on Polkadot Asset Hub
Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned. Go to Source
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Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify
This week’s Crypto Biz explores the latest on Binance’s global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify’s take on USDC and China’s blockchain data exchange. Go to Source
Shopify to accept USDC payments with Solana: Report
Solana Pay has reportedly been added to Shopify’s payment solutions, giving millions of merchants access to cryptocurrencies. Go to Source
Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down
Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity. Go to Source
Circle preps $1B war chest to deal with market threats from PayPal and others
Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down. Go to Source
Binance drops majority of USD Coin reserves — Latest USDC news
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with. Go to Source
USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users. Go to Source
Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
“Issuing a stablecoin pegged to the HK dollar not only helps to solidify HK’s leadership in the blockchain sector but also propels the progress of the digital HK dollar,” said the report. Go to Source Powered by WPeMatico
Curve pool imbalance triggers USDT depeg concerns: Finance Redefined
The top 100 DeFi tokens had another bearish week, with the majority of tokens trading in the red. Go to Source Powered by WPeMatico
Circle hires former CFTC, US Treasury executive as chief legal officer
Heath Tarbert will serve as the company’s chief legal officer and head of corporate affairs, bringing experience with all three branches of government. Go to Source Powered by WPeMatico
