Browsing Tag
Circle
237 posts
USDC crosses $16 trillion in volume, driven by Solana’s market share
Circle’s USD Coin (USDC) stablecoin has crossed the $16 trillion mark in total cumulative volume. While this number…
PayPal’s PYUSD stablecoin hits $1B market cap
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
Circle proposes new capital-risk framework for stablecoins
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets…
Tether crypto exchanges balance hits record high as Treasury prints $1B USDT
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their…
Tether’s USDT is dominant, but for how long?
With the rise of the Markets in Crypto-Assets Regulation in Europe, questions have risen whether Tether’s USDT stablecoin…
Binance to convert Monero, Bitcoin Gold to USDC, delist Loom Network
Binance is set to convert over a dozen tokens into the USDC stablecoin while also delisting six additional…
Circle to discontinue USDC support on Flow blockchain
Circle, the issuer of the stablecoin USDC, has announced that it will end support for its stablecoin on…
Tether profits hit $5.2b in H1 2024, new record
USDT issuer Tether disclosed net profits of $1.3 billion in the second quarter of the year, adding to…
Bybit’s USDT reserves soar by 18% as BTC shows signs of local bottom
Cryptocurrency exchange Bybit has released the twelfth proof of reserve, featuring a 17.8% increase in USDT holdings. Crypto…
Circle minted $250m USDC on Solana
In the past week, Circle has injected nearly $1 billion in fresh liquidity into the Solana ecosystem.