USDC

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Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

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Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing their onchain holdings up to … Read more

Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel Rewards

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Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to enhance the crypto travel experience and incentivize users with up to 10% of booking value back in SOL. Travala Integrates Solana for … Read more

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

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In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than … Read more

BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges

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BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported. Key partnerships with exchanges like Binance, … Read more

Tether Treasury Mints $1B USDT On Ethereum Ahead Of Anticipated FED Rate Cut

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Approximately three hours ago, the Tether Treasury minted 1 billion USDT on the Ethereum network. This minting activity comes just before the highly anticipated Federal Reserve interest rate cut, scheduled for September 17-18. Over the past year, the Tether Treasury has issued a staggering 35 billion USDT, playing a key role in Bitcoin’s price surge … Read more

Circle Partners With Sony to Introduce USDC on Soneium

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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

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