USDC

Global internet finance company Circle, which is set to go public via SPAC merger later this year, on Tuesday announced a funding round led by BlackRock.

Circle Announces $400M Funding Round Led By BlackRock: What You Need To Know

The move highlights a growing appetite for connections between fiat and crypto-native payment systems. The post Worldpay to offer merchants direct settlement in USDC appeared first on The Block.

Worldpay to offer merchants direct settlement in USDC

The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.”

Circle Enlists FIS, Crypto.com for Merchant Payments Settled in USDC

Rising costs are driving investors to rethink where to put their money. Interest rates are rising, but the rates you can get at your local bank are still not very attractive.

How You Can Fight Inflation With USDC

Cryptocurrency has taken the world by storm and by many accounts, “gone mainstream.” There are plenty of use cases for digital currency in the modern world: easy international transfers without having to worry about forex exchanges, private transactions, and more.

How Circle And Jeremy Allaire Are Shaping The Future of Currency With USDC

Bitcoin

Dogecoin

Chainlink

Shiba Inu

The largest Ethereum (CRYPTO: ETH) wallets appeared to be loading up on stablecoins on Thursday.

These 10 Crypto Tokens Were Most Favored By Ethereum Whales Today

Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm's usd coin (USDC) reserves. The company's dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC's Primary Custodian Circle has chosen America's oldest investment bank to custody the […]

Circle Chooses BNY Mellon to Custody USDC Reserves

USDC stablecoin issuer Circle, valued at $9 billion, chooses BNY Mellon as primary custodian for its reserves.

USDC Reserves Will Be Custodied With BNY Mellon, Says Circle

Circle Internet Financial has selected Bank of New York Mellon Corp as primary custodian for its reserves of USD Coin, a stablecoin cryptocurrency whose value is directly pegged to the U.S. dollar, the crypto operator said on Thursday.

BNY Mellon chosen as custodian for Circle's stablecoin reserves

The relationship likely carries publicity upside for both financial brands.

BNY Mellon to Custody Assets Backing Circle's USDC Stablecoin

Stablecoins, which are virtual tokens pegged to traditional currencies such as the U.S. dollar, held gains on Thursday in the midst of a sell-off in risk assets such as stocks and bitcoin after Russia launched a full-scale invasion of Ukraine.

Stablecoins gain as bitcoin, ether fall after Russia invades Ukraine

At the end of December 2021, the stablecoin economy's market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled by more than 20% since the […]

Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

The start of 2022 has seen SPAC mergers called off and the valuation of some deals lowered. On Thursday, a previously announced SPAC merger announced an increased valuation.

USD Coin Founder Circle Doubles Valuation Ahead Of SPAC Merger

Circle was valued at $4.5 billion in its initial agreement with Concord Acquisition Corp. in July 2021.

USDC Stablecoin Backer Circle Doubles in Value to $9B in New Deal With SPAC

Cathie Wood led Ark Investment Management on Tuesday raised its exposure in Concord Acquisition Corp (NYSE: CND), a black-check firm that is expected to take blockchain-focused payments company Circle public in a $4.5 billion merger.

Cathie Wood Loads Up $2.9M In This Cryptocurrency-Linked SPAC On Tuesday

Stellar

Crypto exchange Okcoin now supports the Stellar USD Coin (USDC) on-ramp after inking a partnership deal with Stellar Development Foundation (SDF), the non-profit organization behind Stellar (XLM). The SDF says that USDC on Stellar enables fast and cheap cross-border financial transactions on the decentralized network focused on cross-currency payments. “This integration marks a step in […] The post XRP Rival Scores New Partnership as US Crypto Exchange Adopts Its Stablecoin On-Ramp appeared first on The Daily Hodl.

XRP Rival Scores New Partnership as US Crypto Exchange Adopts Its Stablecoin On-Ramp

Ethereum

Cryptophilanthropy exploded last year despite a lack of regulation, according to a company that helps nonprofits leverage crypto. The Giving Block says in a new 2021 annual report that their total donation volume last year skyrocketed to more than $69.44 million, an increase of 1,558% compared to 2020. The annual report examines fundraising data from […] The post Crypto Philanthropy Explodes in 2021 As Bitcoin Loses Most-Donated Digital Asset Crown to This Coin: Report appeared first on The Daily Hodl.

Crypto Philanthropy Explodes in 2021 As Bitcoin Loses Most-Donated Digital Asset Crown to This Coin: Report

As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The […]

Stablecoin Economy Continues to Balloon as USDC's Market Cap Crosses $50 Billion

Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow blockchain. Flow is a blockchain project made to host NFT and game-based initiatives, aiming for low fees and a high volume of transactions. With this launch, USDC aims to keep […]

Circle Launches USDC on Flow Blockchain

Cardano

Polkadot

Terra

Polygon

A panel of cryptocurrency experts told Finder what their top cryptocurrency choices would be in a prolonged bear market.

Crypto Experts On The Best Coins To Hold In A Bear Market

The move is a bet on where the next wave of growth is going to be, said Dapper Labs co-founder Mik Naayem. It is USDC's eighth chain.

Flow Blockchain Gets Circle's Full USDC Treatment

Taiwan's banking sector is rich with dollar liquidity. India's has a shortfall.

This Taiwanese Fintech is Building Dollar Liquidity Pipes with USDC, DAI and Tether

USD Coin (USDC) has emerged as the most popular stablecoin on the Ethereum (CRYPTO: ETH) ecosystem.

USDC Emerges As Most Popular Stablecoin On Ethereum — Why Is USDT Taking A Backseat?

The auction house sold a diamond for $12.3 million in cryptocurrency last July. Now Sotheby's is doubling down on its outreach to the crypto nouveau riche.

Sotheby's to Accept BTC, ETH or USDC in Auction of Rare Black Diamond Called ‘The Enigma'

On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy's value. This week, the current total supply of usd coin surpassed tether, in terms […]

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