USDC
USDC Backer Circle to Go Public in SPAC Deal
Amid much debate on the outlook for stablecoin regulation, Jeremy Allaire’s Circle, which issues stablecoin USD coin (USDC), is going public in a special purpose acquisition company (SPAC) deal. “Circle has a huge opportunity to provide more transparency than any other stablecoin issuer,” CoinDesk’s Nikhilesh De said.
Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.
Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk
Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.
Market Wrap: Bitcoin Rangebound Into the Weekend, Lags Crypto Stocks
The cryptocurrency is expected to hold support above $30,000.
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum.
Circle Now Supports USDC Stablecoin on Tron
Tron, which is currently the leading blockchain for Tether’s USDT, is USDC’s fifth network.
Market Wrap: Bitcoin Outperforms Top Cryptocurrencies in June
The outperformance came despite a negative month for the leading cryptocurrency by market cap.
Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
USD coin (USDC), a stablecoin currently on four blockchain networks with a market cap of $25 billion, could soon be on as many as 10 more networks, including Tezos. USDC is an Ethereum-based stablecoin managed by the CENTRE consortium, started by fintech firm Circle and crypto exchange Coinbase.
Jeremy Allaire on the Digital Dollar's Future: 'The Central Government Absolutely Does Not Need to Issue a Digital Currency'
Circle CEO Jeremy Allaire discusses the challenges and significance of USDC potentially expanding to 10 more blockchain networks, the broadest expansion in stablecoin history. "The central government absolutely does not need to issue a digital currency," he said. Plus, breaking down the difference between tether (USDT) and USDC as USDT risks come into focus.