Liquidity issues affected users on two decentralized finance (DeFi) platforms today, though for different reasons and with widely differing consequences. In what …
USDC
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Adoption
Japan ushers in stablecoin era with SBI VC Trade’s landmark license and planned USDC listing
by shayaanby shayaanSBI VC Trade has become Japan’s first company to receive official approval to handle stablecoins like USD Coin (USDC), marking a significant …
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Circle’s stablecoin’s USDC and EURC got approval for use and promotion within the Dubai International Financial Centre, the company said in a …
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Scams
Coinbase Targets USDT Stablecoin Rival Tether With an $86 Billion ‘Stretch Goal’ for USDC
by shayaanby shayaanCoinbase CEO Brian Armstrong said Thursday that the crypto heavyweight is taking off its gloves for a renewed fight in the stablecoin …
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Markets
Circle's USDC Hits Record Market Cap Over $56B as Stablecoin Demand Soars
by shayaanby shayaanCircle’s USDC, the second-largest stablecoin on the market, rose to a record market capitalization over $56 billion this week as stablecoin growth …
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Markets
Circle’s USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT)
by shayaanby shayaanCircle’s dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos’ native token, APT, is up on the …
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Markets
Crypto Daybook Americas: USDC Takes January Crown as Bitcoin Looks to Core PCE Data
by shayaanby shayaanBy Omkar Godbole (All times ET unless indicated otherwise) The crypto market is treading water and the biggest cryptocurrency, bitcoin, is taking …
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Seamless Protocol launched its USDC Vault on Base, Coinbase’s Ethereum Layer 2 blockchain, utilizing Morpho’s infrastructure and Gauntlet’s risk management capabilities. The …
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Finance
Swiss AMINA Bank removes custody fees for USDC to woo stablecoin holders
by shayaanby shayaanSwiss AMINA Bank has waived custody fees for USDC holders, offering quarterly rewards and asset protection to boost stablecoin adoption. Crypto-friendly AMINA …
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Coinbase has introduced Bitcoin-backed loans, allowing users to borrow USDC stablecoin without selling their Bitcoin holdings. The service, powered by the open-source …