Category: USDC
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Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain
Licenced Stablecoin on/off Ramp Yellow Card to Introduce USDC on Stellar Network
Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees
Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth
Return Of Tether To Exchanges Sparks Speculation of Bullish Trend
In a surprising turn of events, approximately 4% of Tether’s available supply has returned to exchanges within just five weeks. This movement contrasts with the ongoing trend of Ethereum and Bitcoin supplies moving off exchanges following the adoption of the ETF. 📊 As #Bitcoin’s & #Ethereum’s respective supplies have continued moving off exchanges after the #ETF approvals, an interesting development has been #Tether seeing nearly 4% of its available supply come back to exchanges in 5 weeks. The increase in buying power implies (Cont) 👇 pic.twitter.com/hQrBhZchEu — Santiment (@santimentfeed) January 30, 2024 The influx of Tether onto exchanges signals an
The post Return Of Tether To Exchanges Sparks Speculation of Bullish Trend appeared first on The Merkle News.
USDC/USDT Stablecoin Pair Experiences Brief Dip In Value Amidst Market Turbulence
In a recent bout of market turmoil, the trading pair involving Circle’s USDC dollar and Tether’s USDT on Binance witnessed a sudden drop to $0.76 and $0.8 at UTC+8 20:00 and 20:15, respectively. Shortly thereafter, the values swiftly normalized. A similar dip was observed on OKX, with the trading pair reaching $0.955 around 20:00. In today’s panic drop, the USDC/USDT trading pair on Binance dropped to $0.76 and $0.8 at UTC+8 20:00 and 20:15 respectively, and then quickly returned to normal price level. The price of the trading pair also fell to $0.955 around 20:00 on OKX. https://t.co/asYaZGmJma pic.twitter.com/l0yCg2efx2 —
The post USDC/USDT Stablecoin Pair Experiences Brief Dip In Value Amidst Market Turbulence appeared first on The Merkle News.
Bitcoin to surge to $80K as stablecoins overtake Visa in 2024: Bitwise
Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars.
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.
Circle to phase out consumer accounts, but business and Mint will remain
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.