USDC


Markets

Former US Treasury Secretary Laurence Summers Expects 'a Ton of Innovation' Around Stablecoins

Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example of their usefulness.

Former U.S. Treasury Secretary Lawrence Summers (The Money Movement/YouTube)

Markets

Circle, Coinbase Bring USDC Stablecoin to Algorand's Blockchain

The CENTRE consortium is teaming up with the Algorand Foundation to launch the USDC stablecoin on the Algorand network.

Circle CEO Jeremy Allaire.

Finance

Crypto Payroll Startup Bitwage Lets Earners Sidestep Volatility With Stablecoin Payments

Offering the option to receive wages in the USDC stablecoin removes the volatility risk for earners.

Credit: Shutterstock/ESB

Finance

Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America

Ledn is now offering USDC stablecoin savings accounts through a partnership with the crypto lending and trading conglomerate Genesis.

Credit: Shutterstock

Markets

Market Wrap: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day

Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.

Source: CoinDesk BPI

Tech

Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether

Coinbase has put $1.1 million in USDC into the pools powering two of the more popular DeFi applications on Ethereum: Uniswap and PoolTogether.

DIVE IN: The Coinbase funding provides liquidity for two of the more popular DeFi dapps on Ethereum. (Credit: Shutterstock)

Tech

MakerDAO Adds USDC as DeFi Collateral Following 'Black Thursday' Chaos

MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.

(HFA_Illustrations/Shutterstock)

Markets

Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals

Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD.

dollar bill

Markets

Circle Rolls Out Stablecoin Business Accounts, Preps SeedInvest for Sale

Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot.

Circle Jeremy Allaire

Markets

Coinbase Adds Support for 2 More Cryptocurrencies in New York State

The exchange has now added the privacy-enhancing cryptocurrency zcash and its own USDC stablecoin in New York state.

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