America’s Oldest Bank to Become Primary Custodian of Circle’s USDC
Circle has tapped BNY Mellon – one of the Wall Street giants leading the cryptocurrency adoption – to serve as the primary custodian of its stablecoin USD Coin – USDC.…
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Crypto Biz: Stablecoins are serious business, Feb. 17–24
The stablecoin market continues to grow and diversify: Circle's USDC, Tether's USDT and Terra's UST all made headlines this week.
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana…
Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen
Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it…
Circle’s valuation doubles to $9B following revised merger agreement with Concord
The Circle-Concord business combination will create a new company that plans to list publicly on the New York Stock Exchange.
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an…
Circle’s USDC stablecoin gobbles Tether’s market share with 50B milestone
The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%.
USDC flips Tether on the Ethereum network
The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time.