USDC


Policy

S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking

USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Consensus Magazine

Jeremy Allaire's Stablecoin Is Building a Real Use Case for Crypto

Circle continued to build out the USDC stablecoin network, spreading access and inclusion to new corners of the world.

Jeremy Allaire (Mason Webb/CoinDesk)

Videos

USDC Issuer Circle Curbs Stablecoin Minting for Retail Users

USDC issuer Circle Internet Financial said Tuesday it is curbing service for individual accounts to mint stablecoins. "Circle is phasing out support for legacy consumer accounts and has notified individual consumers of this decision," a Circle spokesperson told CoinDesk in an email. "Account closures do not apply to business or institutional Circle Mint accounts."

Recent Videos

Finance

Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether's Practice

The action represents a move towards main competitor Tether's practice to limit access for retail users.

Jeremy Allaire, CEO of Circle (CoinDesk)

Videos

[SPONSORED CONTENT] Lisa Nestor of Airtm discusses how they're using Stellar to power the digital dollar economy

Lisa Nestor, Chief Strategy Officer at Airtm, a digital dollar wallet and payment infrastructure, joins us in the studio to discuss how they’re enabling entrepreneurs and enterprises to easily earn, send and receive digital dollar payments. She explains Airtm’s use of the Stellar network and USDC to offer users worldwide access to digital dollars and her prediction for adoption of crypto-enabled financial services.

The Meridian Conversations

Tech

Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade

Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.

Circle booth at ETHDenver (Danny Nelson/CoinDesk)

Finance

Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets

Perimeter Protocol is the first development of Circle Research, the company's new open-source development division.

(Sandali Handagama/ CoinDesk)

Tech

Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds

The median compensation globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.

(PM Images/Getty Images)

Videos

Circle Launches Native Version of USDC Stablecoin on Polkadot

Parity Technologies CFO Fahmi Syed discusses Circle launching the native version of USDC in the Polkadot ecosystem of parachains. EDITOR'S NOTE: Syed also responds to questions over Polkadot's developer metrics. The GitHub data cited in the interview refers to people actually contributing to the Polkadot repository itself. However, according to Santiment data, when tracking all projects built on Polkadot, it has the second-highest developer count after Ethereum.

Recent Videos

Finance

Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

The company said it is one of the first major payment institutions to use directly the Solana network for settlements.

Casa central de Visa en Foster City, California. (Wonderlane/Creative Commons)