USDC / GBP Kraken🗗
Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation.
Jan 30, 2023 07:59
The stablecoin market in general is going through hard times, though it's the algorithmic coins that suffered the most.
Jan 26, 2023 10:53
A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having "blamed" the SEC for its "jettisoned" public listing plan.
Jan 26, 2023 02:02
In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s...
Jan 25, 2023 19:00
Circle CEO Jeremy Allaire on Tuesday said the crypto market will witness more insolvencies in 2023 as companies continue to struggle in the early. However, he remains optimistic about technological...
Jan 17, 2023 13:14
One area where U.S. regulators are keeping a close watch is the widely expanding crypto stablecoin market. The stablecoin market has already grown to more than $200 billion in size last...
Jan 13, 2023 05:27
After a brutal sequence of events led to the collapse of several crypto-related firms in 2022, FTX’s bankruptcy dealt a massive blow to public trust in centralized crypto entities. The post...
Jan 10, 2023 19:52
Curve 3pool’s liquidity currently stands at roughly $600 million, down approximately 90% from $5.5 billion recorded at the start of January 2022, according to Kaiko data. The post Curve...
Jan 10, 2023 11:30
Tether's USDT and Circle's USDC were last printed in May and June respectively.
Jan 2, 2023 19:22
Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging...
Dec 27, 2022 05:50
Japan’s Financial Service Agency (FSA) will lift the ban on the local distribution of foreign stablecoins like USD Coin (USDC) in 2023, Nikkei reported on December 26. The post Japan to lift...
Dec 26, 2022 15:25
None of the 31 crypto exchanges registered with Japan's Financial Services Agency are currently offering trading in stablecoins like USDT or USDC.
Dec 26, 2022 11:25
Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. What seems to have caught people’s attention is the fact that...
Dec 26, 2022 04:19
The ongoing bear market did little to curb the rising use of stablecoins. The post Adoption grows as more than $7T settled with stablecoins in 2022 appeared first on CryptoSlate.
Dec 23, 2022 11:30
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things.
Dec 22, 2022 10:44
America’s largest crypto exchange, Coinbase, has launched tools to help users that have mistakenly sent the wrong tokens to their address. The post Coinbase Launches ERC-20 Token Recovery Tool (For...
Dec 16, 2022 04:25
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects.
Dec 16, 2022 01:04
On Wednesday, December 14, the broader cryptocurrency market came under selling pressure with Fed raising interest rates by 50 basis points. However, this selling remains contained as the rate hike...
Dec 15, 2022 05:39
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange.
Dec 15, 2022 02:17
Binance USD’s (BUSD) supply declined by over 15% to $18.8 billion from $22 billion within the last 24 hours after Binance experienced a surge in withdrawals. The post BUSD’s supply...
Dec 14, 2022 12:25
Pro traders aren’t buying ETH’s recent rally to $1,350 and data shows they expect Ether price to retrace if Fed chair Powell takes a hawkish tone on Wednesday.
Dec 13, 2022 21:31
Binance CEO Changpeng ‘CZ’ Zhao blamed banks for the exchange delay in processing USD Coin (USDC) withdrawals in a December 13 tweet. The post Binance clarifies USDC withdrawals were...
Dec 13, 2022 09:33
Coinbase is incentivizing its users to convert their Tether (USDT) holdings for USD Coin (USDC), according to a December 8 blog post. The post Coinbase asks users to convert their USDT to USDC for...
Dec 9, 2022 10:30
Coinbase’s request comes just a couple of months after Binance ceased support for USDC.
Dec 9, 2022 10:04
Coinbase wants customers to use its own stablecoin USD Coin (USDC) instead of Tether (USDT).
Dec 9, 2022 08:11
Crypto exchange Coinbase has asked users to switch from Tether (USDT) to Circle’s USD Coin (USDC), referring USDC as a “trusted and reputable stablecoin.” While the major reason...
Dec 9, 2022 06:29
Reflexity Research cofounder Will Clemente tweeted on December 5 that stablecoins were one of the few crypto use cases that have found product market fit despite the current market condition. The...
Dec 5, 2022 21:00
The collapse of crypto-exchange FTX hit the crypto world like a tropical storm. It bears asking once again: How stable are stablecoins?
Nov 29, 2022 14:23
During the second quarter of the year alone, CertiK registered 290 phishing attacks, up 170% from 106 in the first quarter.
Nov 26, 2022 00:44
General partner at Fenbushi capital Bo Shen tweeted on November 23 that malicious players stole $42 million from his personal wallet on November 10. The post Hackers steal $42M from Fenbushi...
Nov 23, 2022 20:02
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.
Nov 23, 2022 15:28
Exchanges like Binance, BitMEX, and OKX are limiting deposits and withdrawals for Solana’s top stablecoins, without explanation.
Nov 17, 2022 16:20
The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based stablecoins.
Nov 17, 2022 14:08
The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence.
Nov 11, 2022 20:29
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize.
Nov 11, 2022 04:24
The issuers of the two largest stablecoins, Tether and Circle, have distanced themselves from the FTX situation, saying they have no exposure to the struggling crypto exchange or Alameda Research....
Nov 9, 2022 10:00
Binance USD (BUSD) is the best-performing stablecoin among the top three stablecoins, as its supply dominance increased by 6% on the year-to-date metrics to 16%. The post BUSD supply dominance...
Nov 8, 2022 19:36
The crypto community fears FTX might cause another Terra-like crash after the stablecoin reserves on the exchange fell significantly over the last 24 hours. The post FTX stablecoin reserves plunge...
Nov 7, 2022 10:00
The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come.
Nov 3, 2022 06:01
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers.
Nov 2, 2022 06:02
USDC stablecoin issuer Circle Internet Financial receives in-principle approval as a Major Payments Institution License holder from the Monetary Authority of Singapore (MAS). The company will...
Nov 2, 2022 05:37
Volatility is one of the distinguishing attributes of the crypto market that springs surprises in several observers. It creates a desirable environment for traders and investors in the crypto...
Nov 1, 2022 14:33
Special purpose acquisition company Concord Acquisition Group plans to further delay USDC issuer Circle’s acquisition to January 2023. Circle’s CEO Jeremy Allaire earlier confirmed...
Nov 1, 2022 11:53
Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence.
Oct 31, 2022 19:15
The individual who exploited the protocol intends to keep a 10% bounty of the stolen funds.
Oct 31, 2022 18:00
TRIP protocol enables ride-sharing companies and drivers to compete for riders, as blockchain enables disruption in existing markets.
Oct 27, 2022 21:30
The extended bearish trend caused panic and massive sell-offs in the crypto space. But it seems that the industry still records progressive moves. For example, a recent report shows a new...
Oct 26, 2022 14:57
Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week.
Oct 26, 2022 13:16
In the crypto winter, even some stablecoins suffer. Circle's USDC has lost billions of dollars of capitalization in a couple of weeks.
Oct 26, 2022 03:06
The aim behind stablecoins development was to provide stability over the highly volatile nature of crypto assets. This means that stablecoins hedge your funds against the impact of macroeconomic...
Oct 25, 2022 18:59
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