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USDC is fully backed by cash and cash equivalents with independently verified reserves, making it one of the most trustworthy ...
Crypto whales are withdrawing large amounts of USDC, stirring curiosity across the crypto market. HyperInsight reports a single whale has pulled over 15 million USDC in just 24 hours. This flurry of ...
Ant Group, backed by Alibaba Group's co-founder Jack Ma, is in negotiations with Circle Internet Group to integrate the USDC stablecoin into its blockchain platform. This is a crucial first step in ...
The Stablecoin Surge Driving CRCL’s Rise Circle Internet Group (NYSE:CRCL) is the issuer of USD Coin (USDC) that has captured ...
The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.
Binance, the world’s largest cryptocurrency exchange, said Tuesday it is pausing withdrawals of the stablecoin USDC USDC while it completes a token swap involving the asset. Withdrawals in other ...
Polymarket is considering launching its own stablecoin to capture yield from USDC reserves as it resumes operations in the US ...
The market capitalization for USDT stablecoin rose by approximately $200 million since March 1, now surpassing the $600 million benchmark. The post The total supply for stablecoin USDC has risen ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall.
Circle, which operates the USDC stablecoin and shares a regulator with Binance-branded stablecoin firm Paxos Trust Co., alerted the watchdog last autumn to issues its team had surfaced in ...