Circle Product VP: USDC chain expansion part of ‘multichain’ vision
Speaking with Cointelegraph, Circle’s vice president of Product Joao Reginatto emphasized that devs soon won’t care what blockchain they build on, as interoperability will be key.
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Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost…
UFC fighter El Ninja to become first argentinian athlete paid in crypto
Beyond the Octagon, Guido Cannetti fights Argentina's 78% inflation rate with USDC stablecoin.
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.
Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD
The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September…
Indian exchange WazirX follows Binance in delisting USDC
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October.
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak,…
Tether USDT stablecoin goes live on Near Protocol to boost DeFi presence
Tether USDT is now live on 11 blockchain networks, including the Near Network, Polygon, Kusama, Ethereum, Omni and others.
Aave devs look set to receive $16.3M via retroactive funding
A proposal to reward members of the Aave Companies with $16.28 million in retroactive funding for the development of V3 of the Aave Protocol looks set to pass.
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was…
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