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USD Coin
67 posts
Paxos report: $44.3m PYUSD in circulation are overcollateralized
A Paxos report reveals that the circulation of PayPal’s PYUSD remains low but is overcollateralized
USDT’s market cap drops for the first time in 2023
USDT market cap has declined for the first time in almost a year, signaling a potential shift in…
This Metric Hinted At The Bitcoin Retrace In Advance
The trend in the total supply of the stablecoins may have hinted in advance that the Bitcoin rally…
Circle partners with Mercado Pago to bring USDC to Chile
Fintech firms Circle and Mercado Pago have announced a strategic alliance to introduce the USDC stablecoin to Chilean…
Coinbase to delist USDT, DAI, and RAI for Canadians
Coinbase, a crypto exchange, will discontinue the trading of USDT, DAI, and RAI stablecoins for its Canadian users…
Circle preps $1B war chest to deal with market threats from PayPal and others
Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26…
USDC issuer creates $1 billion cash buffer days after PayPal’s entry
Circle is strengthening its position with a $1 billion cash buffer to counteract challenges posed by dominant non-crypto…
Binance drops majority of USD Coin reserves — Latest USDC news
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of…
USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users.
Tether freezes USDT addresses linked to the $130 million Multichain exploit
Tether Holdings, the issuer of the USDT stablecoin, has frozen two addresses on the Ethereum network that received…