USDC
Stablecoin Issuer Circle Scraps Plan to Go Public
Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to go public. The stablecoin issuer had announced plans to go public in July 2021, with a valuation of $4.5 billion. The valuation was later doubled when the firms amended their terms in February. "The Hash" panel discusses what this means for the future of mainstream stablecoin adoption as crypto contagion continues to spread.
Circle, emisor de stablecoin, cancela sus planes para cotizar en la bolsa
La empresa había anunciado sus planes en julio de 2021.
MakerDAO Founder on Community Rejecting CoinShares’ Proposal
MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to invest in bonds with the crypto investment firm.
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance. Plus, details on the community’s voting on increasing DAI stablecoin rewards.
Confusion Abounds As Binance and OKX Suspend Support for USDC, USDT on Solana, Then Backpedal
Binance subsequently resumed deposits for Tether's USDT on Solana, while OKX reworded an original statement saying it delisted the tokens.
USDC Stablecoin Issuer Circle Says Businesses Can Accept Apple Pay
The addition will help crypto businesses by making it easier to take payments, the company said.
Tether Dominates Curve's 3pool Liquidity With DAI, USDC Accounting for Just 15%
Tether accounts for 85% of the total liquidity in Curve's 3pool. While the stablecoin is seeing some volatility, the price remains firmly near the 1:1 U.S. dollar peg,
Crypto.com Halts Solana USDC and USDT Deposits, Withdrawals
The crypto trading platform cited “recent industry events” in an email to users announcing the suspension.
USDC Issuer Circle to Add Solana Support for Euro Coin in 2023
The stablecoin was introduced in June and is backed by a mix of cash and European government debt.
