USDC


Pananalapi

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Circle's Jeremy Allaire and Coinbase's Brian Armstrong (CoinDesk/Coinbase)

Pananalapi

Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets'

The product is aimed at payments from businesses to customers.

Circle CEO Jeremy Allaire (left) with Michael Casey, chief content officer of CoinDesk (Shutterstock/CoinDesk)

Pananalapi

Latin American Crypto Firm Bitso Joins Stellar Network to Boost International USDC Payments

Companies from all over the world will be able to make transactions to Argentina, Colombia and Mexico.

Payments network built on Sui (Steve Johnson/Unsplash)

Patakaran

Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg

The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Merkado

Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund

Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.

Jeremy Allaire, CEO of Circle (CoinDesk)

Tech

Circle Rolls Out Support for USDC Stablecoin on Arbitrum

Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)

Tech

Turbos Finance Introduces Smart Routing for Stablecoins on Sui

The feature aims to reduce friction for users coming from other ecosystems to Sui and improve liquidity.

(SpaceX/Unsplash)

Tech

New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing

Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).

(Alfred Gescheidt/Getty Images)

Merkado

USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown

The stablecoin issuer now only holds cash and repurchase agreements to back its USDC stablecoin’s value.

Jeremy Allaire, CEO of Circle (Danny Nelson/CoinDesk)

Merkado

Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan

Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.

JP Morgan office (Matthew Foulds/Unsplash)