USDC
This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
Altcoin News
This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
Altcoin News

Just-In: Circle Mints 8.4 Billion USDC Within 7 Days, Why?

Circle, the payments technology company behind the digital stablecoin USDC, has revealed, in a blog post, that it has redeemed 6.7 billion USDC and further minted 8.4 billion USDC during the past week, with 99.3 billion USDC and 61.1 billion USDC minted and redeemed respectively during all of 2021. Circle prides itself at being transparent

Circle, the payments technology company behind the digital stablecoin USDC, has revealed, in a blog post, that it has redeemed 6.7 billion USDC and further minted 8.4 billion USDC during the past week, with 99.3 billion USDC and 61.1 billion USDC minted and redeemed respectively during all of 2021. Circle prides itself at being transparent

bitcoin
Altcoin News
bitcoin
Altcoin News

Bitcoin, Ethereum And Stablecoins Poised For A Massive Takeover: Bloomberg

Bitcoin price has been in a slump since the start of 2022. The crypto market has shed a lot of value along with traditional assets in reaction to several macroeconomics events. Despite this, analysts are still highly bullish on Bitcoin and Ethereum, the two market-leading cryptocurrencies, as well as stablecoins. The fundamentals of these digital

Bitcoin price has been in a slump since the start of 2022. The crypto market has shed a lot of value along with traditional assets in reaction to several macroeconomics events. Despite this, analysts are still highly bullish on Bitcoin and Ethereum, the two market-leading cryptocurrencies, as well as stablecoins. The fundamentals of these digital

Endaoment partners with crypto firm to launch tornado relief funds
News
Endaoment partners with crypto firm to launch tornado relief funds
News

This Crypto Firm Is Partnering With Endaoment To Launch USDC-based Tornado Relief Fund

The company behind the USDC stablecoin, Circle has just announced its collaboration with another charity organization Endaoment as it looks to raise a relief fund, particularly towards last week’s tornadoes that ravaged many mid-western American communities. According to the announcement, the two parties are hoping to raise no less than $1 million in grants to

The company behind the USDC stablecoin, Circle has just announced its collaboration with another charity organization Endaoment as it looks to raise a relief fund, particularly towards last week’s tornadoes that ravaged many mid-western American communities. According to the announcement, the two parties are hoping to raise no less than $1 million in grants to

This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
News
This Stablecoin's Market Cap Skyrockets Amid FUD In Tether, UST
News

Stablecoin News: After Tether, Circle’s $5 Billion USDC Issuance Comes Under scrutiny

Tether’s $1 Billion USDT print this week raised many eyebrows amid US federal agencies’ plan to tighten their scrutiny around stablecoin issuers. The major concern for authorities lies with the issuance backings that have been found misleading in the past. After Tether, now Circle’s latest $5 billion USDC has come under scrutiny. Circle has issued

Tether’s $1 Billion USDT print this week raised many eyebrows amid US federal agencies’ plan to tighten their scrutiny around stablecoin issuers. The major concern for authorities lies with the issuance backings that have been found misleading in the past. After Tether, now Circle’s latest $5 billion USDC has come under scrutiny. Circle has issued

MoneyGram, Ripple, XRP,
Blockchain News
MoneyGram, Ripple, XRP,
Blockchain News

Ripple’s former partner announces exclusive collaboration with Rival Token

The digital P2P payments giant, MoneyGram International, Inc. announced a partnership with Ripple’s competitor, Stellar Development Foundation, a non-profit organization that supports the development of Stellar, an open-source public blockchain network facilitating cross-border transactions. Earlier this year, Ripple and MoneyGram wound down their partnership as MoneyGram suspended trading on Ripple’s platform in lieu of the

The digital P2P payments giant, MoneyGram International, Inc. announced a partnership with Ripple’s competitor, Stellar Development Foundation, a non-profit organization that supports the development of Stellar, an open-source public blockchain network facilitating cross-border transactions. Earlier this year, Ripple and MoneyGram wound down their partnership as MoneyGram suspended trading on Ripple’s platform in lieu of the

SEC argument against Bitcoin ETF seen losing ground
Altcoin News
SEC argument against Bitcoin ETF seen losing ground
Altcoin News

These Investor Advocates Groups Wants the SEC to Accelerate Crypto Crackdown

This week started with a bloodbath on Satoshi Street with Bitcoin and altcoins eroding investors’ wealth after rallying for past few weeks. Amid the strong volatility this month, a group of investors’ advocates wrote to the U.S. SEC on Monday, to amp up the crackdown on the crypto market. These groups include the Americans for

This week started with a bloodbath on Satoshi Street with Bitcoin and altcoins eroding investors’ wealth after rallying for past few weeks. Amid the strong volatility this month, a group of investors’ advocates wrote to the U.S. SEC on Monday, to amp up the crackdown on the crypto market. These groups include the Americans for

Coinbase
News
Coinbase
News

Did Coinbase Lie About USDC to Investors? Here’s How It Could Backfire

Coinbase, the largest crypto exchange in the US had a long-running advertisement on its platform regarding the second-largest stablecoin USDC. The advertisement promised every dollar paid to investors would be used to back the USDC with $1 “in a bank account.” The Coinbase partnership has proven fruitful for the stablecoin as it managed to become

Coinbase, the largest crypto exchange in the US had a long-running advertisement on its platform regarding the second-largest stablecoin USDC. The advertisement promised every dollar paid to investors would be used to back the USDC with $1 “in a bank account.” The Coinbase partnership has proven fruitful for the stablecoin as it managed to become

Hacker
DeFi News
Hacker
DeFi News

$610 Million Defi Hack: Why didn’t Binance and Circle Freeze Hacker Account?

Poly Network became the victim of the largest Defi hack in crypto history as hackers managed to drain $610 million worth of assets on Binance Smart Chain (BSC), Ethereum (ETH), and Polygon. As per the latest development, the hacker behind the attack has agreed to return the fund and has demanded a secure multi-sig wallet

Poly Network became the victim of the largest Defi hack in crypto history as hackers managed to drain $610 million worth of assets on Binance Smart Chain (BSC), Ethereum (ETH), and Polygon. As per the latest development, the hacker behind the attack has agreed to return the fund and has demanded a secure multi-sig wallet

USDC
News
USDC
News

Circle Envisions Becoming a Digital Currency Bank In the U.S.

Blockchain payments infrastructure service provider, Circle has unveiled its vision to become a national digital currency bank in the United States. According to the press release issued by the firm, it has the aim to transform itself into a full-reserve Federal commercial bank, which would operate under the management of U.S. Federal Reserves and other

Blockchain payments infrastructure service provider, Circle has unveiled its vision to become a national digital currency bank in the United States. According to the press release issued by the firm, it has the aim to transform itself into a full-reserve Federal commercial bank, which would operate under the management of U.S. Federal Reserves and other

News
News

Stablecoins USDC and BUSD Are Eating into the Market Share of Tether (USDT)

As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are

As the overall cryptocurrency market continues to expand with more user participation, stablecoin providers have been competing to gain major market share. As it seems, stablecoin Tether (USDT) continues to dominate the market with a $61 billion USDT coins floating in the market. However, it seems that competitors like Circle’s USDC and Binance’s BUSD are

News
News

Stablecoin War: Paxos Calls Out Tether (USDT) and Circle (USDC) for Issuing Non-Regulated stablecoins

Amid the growing demand for regulating the use of stablecoins, Paxos has called out Tether (USDT) and Circle (USDC) for issuing non-regulated stablecoins. Paxos’ General Counsel and Chief Compliance Officer Dan Burstein has lashed out at the two players, in what he claims to be false claims. Recently, Circle claimed that USDC is the “world’s

Amid the growing demand for regulating the use of stablecoins, Paxos has called out Tether (USDT) and Circle (USDC) for issuing non-regulated stablecoins. Paxos’ General Counsel and Chief Compliance Officer Dan Burstein has lashed out at the two players, in what he claims to be false claims. Recently, Circle claimed that USDC is the “world’s

USDC
News
USDC
News

USDC Vs USDT: Amid Tether (USDT) FUD Circle Prioritizes USDC Transparency

Circle issued USDC has become one of the fastest-growing stablecoin in the crypto market. The company is all set to go public on Nasdaq later this year after finalizing a SPAC acquisition deal a couple of weeks back giving it a $4.5 billion valuation. With a clear aim to dominate the crypto market USDC is

Circle issued USDC has become one of the fastest-growing stablecoin in the crypto market. The company is all set to go public on Nasdaq later this year after finalizing a SPAC acquisition deal a couple of weeks back giving it a $4.5 billion valuation. With a clear aim to dominate the crypto market USDC is

Altcoin News
Altcoin News

Just-in: MasterCard Eases Onboarding Process to Boost Crypto Cards Adoption

Mastercard, the payment processor giant today announced the enhancement of its crypto card program just weeks after rival Visa also announced its plans to become a global leader for crypto card payments, promising to make crypto as usable as any other currency. The leading card payment service provider said it is accelerating its crypto exchange

Mastercard, the payment processor giant today announced the enhancement of its crypto card program just weeks after rival Visa also announced its plans to become a global leader for crypto card payments, promising to make crypto as usable as any other currency. The leading card payment service provider said it is accelerating its crypto exchange

Blockchain News
Blockchain News

Breaking: USDC Stablecoin Issuer Circle is Going Public at $4.5 Billion Valuation

Circle, the blockchain firm behind the USDC stablecoin is all set to go public on Nasdaq via a SPAC merger. The blockchain firm will merge with Special Purpose Acquisition Company Concord Acquisition Corp (NYSE: CND). The merger deal would see an Irish company acquire both Concord and Circle and list publically on Nasdaq under the

Circle, the blockchain firm behind the USDC stablecoin is all set to go public on Nasdaq via a SPAC merger. The blockchain firm will merge with Special Purpose Acquisition Company Concord Acquisition Corp (NYSE: CND). The merger deal would see an Irish company acquire both Concord and Circle and list publically on Nasdaq under the

us bank charter stablecoin disruptor
Bitcoin News
us bank charter stablecoin disruptor
Bitcoin News

Tether Flips Bitcoin [BTC] as the Medium of Transfer with a Capital Flight to Stablecoins

After Ethereum’s rising fees due to DeFi boom, now Tether surpasses the 7-day average adjusted transfer value on Bitcoin. Another report by Chainalysis on the east Asian markets shows considerable institutional interest in cryptocurrencies.  As reported earlier on CoinGape, stablecoins and Ethereum have come at par with (even surpassed) Bitcoin [BTC] in terms of volume of

After Ethereum’s rising fees due to DeFi boom, now Tether surpasses the 7-day average adjusted transfer value on Bitcoin. Another report by Chainalysis on the east Asian markets shows considerable institutional interest in cryptocurrencies.  As reported earlier on CoinGape, stablecoins and Ethereum have come at par with (even surpassed) Bitcoin [BTC] in terms of volume of

craig sellars tether founder
Stablecoin News
craig sellars tether founder
Stablecoin News

Tether Founder Shares How Goldman Sachs Shrugged off USDT Back in 2015

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Tether founder, Craig Sellars, shares an interesting story of a billion-dollar opportunity missed by Goldman Sachs. In the aftermath of the Goldman Sachs report on Bitcoin and Gold, Crypto Twitter goes gaga over what was intended to be criticism. Leading Bitcoiners slammed their view and the general consensus was that the multi-national bank was attempting to mislead.

Tether
Stablecoin News
Tether
Stablecoin News

Tether Adds $60 Million to its Inventory, USD Stablecoin Supply Rises over $2.5 bln

The stablecoin supply of cryptocurrencies has been in a strong uptrend in March 2020. Last night, $60 million was added to the inventory of Tether, as the firm prepares for issuance of more USDT. ? ? ? ? ? ? 60,000,000 #USDT (59,854,340 USD) minted at Tether Treasury Tx: https://t.co/TPOhNmxOiq — Whale Alert (@whale_alert) April 2,

The stablecoin supply of cryptocurrencies has been in a strong uptrend in March 2020. Last night, $60 million was added to the inventory of Tether, as the firm prepares for issuance of more USDT. ? ? ? ? ? ? 60,000,000 #USDT (59,854,340 USD) minted at Tether Treasury Tx: https://t.co/TPOhNmxOiq — Whale Alert (@whale_alert) April 2,

usdc
Altcoin News
usdc
Altcoin News

Why Circle’s (USDC) Is Best Placed To Challenge Tether’s (USDT) Stablecoin Dominance

OKEx exchange announces addition of ten USDC crypto pairs including Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). Following a successful start of the year, can Circle’s stablecoin challenge Tether (USDT) as the top stable crypto? On Monday, March 23, 2020, one of the largest crypto exchanges, OKEx announced the addition of top 10 crypto to

OKEx exchange announces addition of ten USDC crypto pairs including Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). Following a successful start of the year, can Circle’s stablecoin challenge Tether (USDT) as the top stable crypto? On Monday, March 23, 2020, one of the largest crypto exchanges, OKEx announced the addition of top 10 crypto to

DeFi Ethereum (ETH) Liquidation
Altcoin News
DeFi Ethereum (ETH) Liquidation
Altcoin News

DeFi Forced Liquidations to Increase as Ethereum (ETH) Prices Free Fall

Two DeFi apps, dydx and MakerDAO, liquidated $3 million of Ethereum (ETH) to cover for issued loans. But the bloodbath may continue. Not because there is now use and demand for loans and above-rate interest rates, but because of sliding ETH prices. Ether is the choice of most DeFi dapps because most are launched from

Two DeFi apps, dydx and MakerDAO, liquidated $3 million of Ethereum (ETH) to cover for issued loans. But the bloodbath may continue. Not because there is now use and demand for loans and above-rate interest rates, but because of sliding ETH prices. Ether is the choice of most DeFi dapps because most are launched from