Circle Announces Euro Coin (EUROC) Expansion to Solana Blockchain
USDC issuer Circle announced plans to expand native support of its Euro-backed stablecoin – Euro Coin (EUROC) – to the Solana blockchain in the first half of 2023. Sheraz Shere,…
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Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC…
Circle Starts Investing in BlackRock-Developed Reserve Fund
The issuer of the stablecoin USDC – Circle – announced investing in the Circle Reserve Fund to manage a portion of the USDC reserves. The SEC-registered fund was set up…
Circle starts pouring money into its Reserve Fund, aims to fill it in 2023
The Circle Reserve Fund is managed by BlackRock under the custody of Bank of New York Mellon.
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last…
Circle and Paxos Secure Regulatory Approval in Singapore
The issuer of the stablecoin USDC – Circle – and the blockchain infrastructure platform – Paxos – received licenses from the Monetary Authority of Singapore (MAS) to offer services in…
USDC Lost 20% Of Its Market Capitalization In The Last 30 Days
The market capitalization of Circle’s USDC stablecoin has been dropping dramatically since the Tornado Cash scandal. Over the past month, USD Coin (USDC) has lost nearly 20% of its market…
Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems…
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down…
Is This the Trader Who Exploited Mango Markets for $100M?
One sleuth believes he knows the identity of the person responsible for Mango Markets $100 million attack, but how reliable is his evidence? Mango Markets Exploited Crypto trader Avraham Eisenberg...
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