3 reasons why USDC stablecoin dropping below $50B market cap is Tether’s gain
The stablecoin's top-rival Tether has witnessed growth in its market cap, on the other hand.
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Robinhood Adds USDC to Crypto Listings
Trading platform Robinhood is adding USD Coin (USDC) to its selection of tradable assets. Robinhood Introduces USDC Robinhood customers will soon have access to USDC. According to a tweet from...
Circle CEO Thinks Binance’s USDC Exit is a Good Thing
Jeremy Allaire – CEO and co-founder of Circle – isn’t sweating over Binance’s latest decision to stop supporting trades for USD Coin (USDC). In a thread on Tuesday, Allaire broke…
Circle Onboards Bybit as a Partner to Promote USDC Access and Adoption
Crypto derivatives exchange, Bybit announced a partnership with Circle, the company behind the second-largest stablecoin by market cap, USDC. As per the press release shared with CryptoPotato, the agreement states…
Bybit expands spot USDC trading pairs as support for stablecoins grows
The crypto derivatives exchange has partnered with Circle to expand its suite of USDC offerings; traders will also have access to auto conversions between the stablecoin and U.S. dollars.
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company…
USDC whale holdings percentage lowest in almost two years
USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets.
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia.…
Compound Labs Deploys Smart Contracts for USDC Market on Ethereum
Compound Labs has announced the first smart contract deployments for Compound III, which will create a USDC market on Ethereum. The contracts await activation by Compound governance but are now…
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