The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on Nov.
Circle advances its expansion into Hong Kong to position USDC at the forefront of Asia's digital finance landscape, aligning with upcoming IPO plans and new stablecoin regulations. The post USDC Issuer Circle Outlines Expansion into Hong Kong, Readies for Public Listing appeared first on Cryptonews.
Circle, the issuer of the second-largest stablecoin USDC has now declared its intentions to expand into the Asian market just as it gears for its IPO plans. The company is now eyeing an expansion into Hong Kong, amid plans for the region to become Asia's crypto hub.
USDC issuer Circle sees Hong Kong as an important market and intends to expand there.
In a bold expansion, Donald Trump's crypto venture, World Liberty Financial (WLFI), is reportedly planning to develop its own stablecoin—a USD-backed digital asset aimed at creating stability in the volatile crypto space.
Stablecoins are an important part of the cryptocurrency economy and the decentralized finance (DeFi) ecosystem, currently dominated by two corporations. One of them, Circle's USDC, raised its redemption fees for the second time in 2024, driving demand for stablecoin alternatives.
Circle, società emittente di USDC, has just announced a change in the fees for the redeem of the stablecoin.
Prediction market platform Kalshi introduced USD Coin (USDC) deposits in preparation for the U.S. elections.
The fee structure revision primarily affects institutional investors and high-volume traders.
Kalshi, a CFTC-regulated prediction market, has partnered with crypto platform Zero Hash to streamline account funding using USDC. Zero Hash and Kalshi Collaborate on New Account Funding Solution Kalshi, a prediction market regulated by the Commodity Futures Trading Commission (CFTC), is collaborating with Zero Hash to offer streamlined account funding for its users.
Kalshi, a Commodity Futures Trading Commission-regulated exchange, has announced a partnership with stablecoin infrastructure platform Zero Hash.
Bitrefill, a leading company in the crypto e-commerce world, has just announced the integration of the stablecoin USDC on the Solana network.
Explore the key differences and similarities between USDT, USDC, and FDUSD stablecoins, their market impact, and why BNB Chain is the ideal platform for these digital assets.
Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead.
Circle progresses toward IPO with strong financials and growing stablecoin market presence, while awaiting regulatory developments and SEC approval.
Binance has successfully integrated USDC on the zkSync Era network, allowing users to deposit and withdraw the stablecoin, according to Binance's recent announcement.
Binance Academy launches a new initiative rewarding verified users who complete its beginner track courses with a share of $12,000 USDC in token vouchers and NFT certificates.
TL;DR Seamless Crypto Spending: The Avalanche Visa Card allows users to spend cryptocurrencies like WAVAX, USDC, and sAVAX at any Visa-accepting merchant, with real-time crypto-to-fiat conversion. Advanced Security: Features include multi-factor authentication, biometric verification, spend alerts, and the ability to freeze the card or change the PIN, ensuring user funds and information are protected.
Binance Futures announces updates to its Taker Program, offering up to 20% discounts on USDT and USDC-margined contracts starting October 29, 2024, based on trading volume criteria.
Binance has completed the conversion of several token balances to USDC, affecting users' holdings based on a snapshot taken in April 2024.
A prominent whale has withdrawn an additional $2 million USDC from Binance to purchase more GOAT tokens.
A crypto whale withdrew $2M USDC from Binance to purchase GOAT, sparking market curiosity.
Stablecoins have achieved several milestones since the beginning of the year, hitting a new high of $172 billion in market capitalization.
BlackRock is set to challenge USDT and USDC's dominance with its new proposal for crypto exchanges to adopt its BUIDL token as collateral on the derivatives market. This forms part of the world's asset manager's move to gain a greater hold of the crypto market, seeing as it already holds a significant amount of bitcoins
Radiant Capital, a decentralized finance (DeFi) lender, reported a significant security breach across multiple blockchain networks, resulting in substantial financial losses. On Wednesday, unidentified attackers exploited vulnerabilities in Radiant's blockchain contracts on both the Binance Smart Chain (BSC) and Arbitrum platforms.
Zero Hash processed $18.68 million in USDC to USD conversions for BlackRock's $500 million tokenized fund (BUIDL) in its first 24 hours
Securitize, the platform for tokenizing real-world assets, has integrated Zero Hash to allow qualified investors to easily subscribe to BlackRock's tokenized fund via the USDC stablecoin.
The integration aims to reduce investment costs and ease the subscription process for traditional players investing in BlackRock's BUIDL.
OKX expands USDC support with six new trading pairs, enhancing stablecoin liquidity and promoting its growing role in the digital asset ecosystem.
Cryptocurrency spot and derivatives exchange OKX is rolling out new trading pairs for the dollar-pegged USDC, the second-largest stablecoin by market cap. In a statement, the Seychelles-based exchange says it is going to introduce six new spot trading pairs for USDC on Monday.
Circle has announced the initial recipients of its USDC Grant Program, aimed at supporting projects that integrate USDC and leverage Circle's platform capabilities.
Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This launch supports Circle's multi-chain approach, utilizing Sui's features for fast, secure, and scalable applications.
Payment solutions provider Stripe has introduced global support for USDC transactions, enabling U.S. businesses to accept payments through Ethereum (ETH), Solana (SOL), and Polygon (POL).
Stripe has reintroduced crypto support on its platform through the stablecoin USDC, after discontinuing the feature in 2018.
On 9 October 2024, Stripe announced a new feature, Pay with Crypto, which allows U.S.-based businesses to accept stablecoin payments that automatically settle as fiat in their Stripe balance.
Payments giant Stripe is announcing global support for USDC settlements over the Ethereum (ETH), Solana (SOL), and Polygon (POL) blockchains.
Stripe has announced the reactivation of crypto payments for U.S. businesses, allowing businesses to accept USDC through Ethereum, Solana, and Polygon.
Global payments giant Stripe has officially reinstated crypto payments after a six-year hiatus. Stripe now supports payments in USD Coin (USDC), a stablecoin pegged to the US dollar, on the Ethereum, Solana, and Polygon networks.
It's the first time in six years that Stripe's U.S. business customers can accept crypto payments since it ended support for bitcoin in 2018.
Payment giant Stripe has now joined the likes of PayPal in its pursuit of crypto payments.
The SUI Foundation announced support for native USD Coin (USDC) on the Sui Network (SUI) blockchain.
Stripe has reintroduced cryptocurrency support after a six-year hiatus, now allowing businesses to accept USDC payments across multiple blockchain networks with automatic conversion to fiat currency for merchants.
Stripe's reintroduction to crypto comes after a decision to end support for Bitcoin in 2018, where it cited market volatility concerns.
Stripe will offer crypto payment options after a six-year pause. The fintech app has assisted the Web3 boom, but until now stayed away from handling crypto payments.
The Sui Foundation has announced that Circle's USDC stablecoin will be available natively on the Sui network, with the NAVI Protocol set to integrate the asset from day one. This integration — shared with crypto.
BlackRock HODLs other digital currencies beside Bitcoin and Ethereum.
Circle, issuer of the the second-largest stablecoin by market capitalization, USD Coin, has officially launched USDC on Sui, a Layer-1 blockchain.