Circle issues USDC, the world’s second-largest stablecoin, but guarantees only $1 of value to tokenholders without any yield whatsoever. Nevertheless, operators of …
USDC
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Markets
Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan
by shayaanby shayaanCoinbase’s (COIN) partnership with Circle (CRCL) and exposure to Circle’s USDC stablecoin is generating significant financial upside, both through equity appreciation and …
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Circle, the issuer of the USDC stablecoin, is reportedly exploring a partnership with Ant Group to extend its presence into China, according …
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Markets
Anchorage to Phase Out USDC, Agora USD Citing Risks, Stirring Fierce Backlash
by shayaanby shayaanAnchorage Digital, a crypto custodian and federally chartered bank, said it will start phasing out and direct institutional clients to convert USDC …
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Regulation
USDC, USDT Market Caps Could Grow 30% Annually Under New U.S. Law: Bitget CEO
by shayaanby shayaanBitget CEO Gracy Chen says regulated stablecoins like USDC and USDT could see 20% to 30% annual growth under the newly advanced …
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Finance
USDC Issuer Circle Spikes After Wall Street Firm Initiates With Buy Rating
by shayaanby shayaanUSDC issuer Circle was buoyant in pre-market trading Friday, climbing above $236 ahead of the opening bell. That put it ahead of …
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Analysis
Circle’s USDC and BlackRock’s BUIDL spearhead collateral innovation in derivatives markets
by shayaanby shayaanCrypto trading platforms increasingly adopt blockchain-native assets like the USDC stablecoin and tokenized treasuries such as BlackRock’s BUIDL to enhance collateral efficiency …
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USDC issuer Circle’s “moon landing moment” of its IPO and subsequently soaring stock price do little to change the stability of its …
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Adoption
Shopify to enable USDC payments via Base across its Checkout ecosystem
by shayaanby shayaanShopify is rolling out support for USDC payments, allowing consumers to pay with stablecoins via Shopify Payments and Shop Pay. The feature, …
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Markets
Shopify to Enable USDC Payments on Coinbase's Base for Merchants Worldwide
by shayaanby shayaanE-commerce giant Shopify (SHOP) is bringing stablecoin payments to its merchants over Base, crypto exchange Coinbase (COIN)’s Ethereum layer-2 network, the companies …