USDC

Ethereum

Circle insists it's doing “the right thing,” advocating for the new chain's development amid growing discussions of yet another Ethereum fork.

Circle's USDC Will Not Support an Ethereum Proof-of-Work Fork

The USD Coin (USDC) issuer has frozen USDC funds in Ethereum wallet addresses held by sanctioned crypto mixer Tornado Cash. The post Circle freezes USDC funds in Tornado Cash's US Treasury-sanctioned wallets appeared first on The Block.

Circle freezes USDC funds in Tornado Cash's US Treasury-sanctioned wallets

Solana

More than 5,000 wallets are reportedly affected, and Solana's price plunged within hours.

Solana, USDC Among Wallets Drained in Unfolding Attack

The news was hailed as a historic event for South American football, but it could bring unexpected consequences for Argentinian club Banfield, amid local FX restrictions. This piece is part of CoinDesk's Sports Week.

Two Soccer Teams Transfer a South American Player Using USDC, But There's Collateral Damage

For years, Circle seemed like an unfocused mess. But making the USDC stablecoin more transparent and regulated than the competition is paying off in a massive way.

Circle's Cautious USDC Approach Has Paid Off, Despite Missteps

As Congress mulls stablecoin legislation, Circle is laying out its wishlist.  The post USDC issuer Circle lays out its hopes for coming stablecoin policy appeared first on The Block.

USDC issuer Circle lays out its hopes for coming stablecoin policy

Stablecoin issuer Circle is unveiling a full breakdown of its USD Coin (USDC) reserves as part of its commitment to increase transparency. According to a new company blog post, Circle is issuing its first ever monthly breakdown of USDC reserve assets to demonstrate the stablecoin's full backing and peg to the US Dollar.

Stablecoin Issuer Circle Reveals Comprehensive Breakdown of USD Coin Reserves in Push Toward Transparency

Circle's latest report follows a move from fellow stablecoin issuer Paxos last week to release a detailed breakdown of all assets held in reserve.

Circle Claims USDC Stablecoin Is Now Fully Backed by Cash, US Treasuries

Jeremy Allaire, co-founder and CEO of global fintech firm Circle, refuted rumors of a potential USDC (CRYPTO: USDC) collapse. What Happened: Following the recent crypto market crash, Allaire addressed the USDC's potential de-peg in a series of tweets on July 2.

Circle CEO Jeremy Allaire Addresses Paranoia Regarding USDC, Rumors Of Collapse

Circle, the company behind the USDC stablecoin, is in its strongest financial position ever, according to CEO Jeremy Allaire.

Circle CEO Says USDC Stablecoin Provider Is in 'Strongest Position' Ever

Circle's founder and CEO Jeremy Allaire tweeted a thread of statements and linked blog posts on Saturday addressing the rumors. The post Circle denies rumors USDC stablecoin is troubled amid market downturn  appeared first on The Block.

Circle denies rumors USDC stablecoin is troubled amid market downturn 

Crypto exchange Coinbase Global Inc (NASDAQ: COIN) plans to merge its U.S. dollar order book with its USD Coin (CRYPTO: USDC) order book. What Happened: In an announcement on Wednesday, Coinbase said it plans to unify the two order books to create “more seamless trading with deeper liquidity.

Coinbase To Merge USD, USDC Order Books For 'Deeper Liquidity'

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB's subsidiary, New York Community Bank, will become a custodian for the company's stablecoin reserves. Circle Partners With New York Community Bancorp On Tuesday, Circle announced that it is collaborating with […]

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

This marks the first time a community bank will serve as a custodian for a stablecoin.

New York Community Bank to Hold Assets Backing Circle's USDC

Crypto exchange Bybit will offer futures contracts settled in USDC stablecoin. The post Bybit to offer futures contracts settled in the USDC stablecoin appeared first on The Block.

Bybit to offer futures contracts settled in the USDC stablecoin

Polygon

Coinbase debuts support for crypto transfers on both Polygon and Solana as part of the company's multi-chain expansion. The post Coinbase rolls out Polygon support for transfers of ETH, USDC appeared first on The Block.

Coinbase rolls out Polygon support for transfers of ETH, USDC

Bitcoin

Uniswap

A robot with a reputation for outpacing the crypto markets is revealing its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) weather high volatility. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest data finds that traders' risk appetite […] The post Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action appeared first on The Daily Hodl.

Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action

Tether's market cap has dropped by 19% since the start of May, while USDC's has climbed by 5%.

As Tether Faces Billions in Redemptions, Circle's USDC Is Gaining Ground

During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether's market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than 12 billion tethers have been removed from circulation […]

The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%

Tron

TronDAO has bought a further 500 million USDC stablecoin today, it announced on Twitter. The post Tron DAO Reserve adds another 500 million USDC to help USDD stablecoin peg appeared first on The Block.

Tron DAO Reserve adds another 500 million USDC to help USDD stablecoin peg

After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron's founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the Tron DAO Reserve would deploy […]

Tron's Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

Terra

The Block contacted Binance.US, the American affiliate of global crypto exchange Binance, for comment but had not heard back before press time.  The post Class action filed against Binance.US for sale of luna and USD Coin on platform appeared first on The Block.

Class action filed against Binance.US for sale of luna and USD Coin on platform

Aave

The biggest 100 Ethereum whales have turned their attention to a slew of altcoins in multiple sectors as ETH and the broader crypto markets continue to move lower. According to blockchain tracking service WhaleStats, decentralized borrowing and lending protocol Aave is the third most purchased crypto asset among ETH whales in the last 24 hours […] The post World's Biggest Ethereum Whales Accumulate Aave, Compound and Four Additional Altcoins: On-Chain Data appeared first on The Daily Hodl.

World's Biggest Ethereum Whales Accumulate Aave, Compound and Four Additional Altcoins: On-Chain Data

Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets, including Canada, Kenya, the Philippines, […]

Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets

This article was originally published in April 2022.  Rising costs are driving investors to rethink where to put their money.

News for USDC Crypto (USDC)