Circle USDC Modifies Stablecoin Reserves to Avert U.S. Debt Defaults
Circle, the issuer of the world’s second-largest stablecoin, USD Coin (USDC), has adjusted its reserves treasury to reduce exposure to potential United States debt defaults...
Tag : usdc
The Collapse of Silicon Valley Bank – A Chain of Events
In a recent development, the crypto friendly Silicon Valley Bank has collapsed, and the events surrounding it have unraveled rather swiftly. Apart from the temporary...
Coinbase Condemns Tether’s USDT, Urging Users to Switch to USDC
As worries about Tether’s USDT’s authenticity and reserves grow, Coinbase, one of the world’s leading cryptocurrency exchanges, has advised its customers to change to its...
Top Crypto Firms Deny Having Exposure to FTX and Alameda
In the wake of FTX’s forced merger with rival Binance, some of the major cryptocurrency companies, including Circle and Tether, have taken to Twitter –...
USDT and USDC Are Seeing A Massive Whale Activity
On-chain data reveals that the world’s biggest stablecoin, Tether (USDT), as well as the second-largest USD Coin (USDC), have both been subject to significant levels...
FV Bank Partners With Circle to Enable Users to Deposit and Convert USDC to USD
The Puerto Rico-based FV Bank has partnered with stablecoin issuer Circle to let its users accept USD Coin (USDC) deposits into their accounts, making international...
Indian Exchange Wazirx Takes Binance’s Lead by Delisting USDC, USDP, and TUSD
WazirX, a leading Indian cryptocurrency exchange, has delisted three popular stablecoins, USD Coin (USDC), Pax Dollar (USDP), and TrueUSD (TUSD), following the lead of the...
Binance to Convert Users’ USDC, USDP, and TUSD into its Own BUSD Stablecoin
Binance exchange will start converting any current user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into the...
Checkout.com Becomes the First PSP to Offer 24/7 Stablecoin Settlement
Checkout.com, a global payment processor, has introduced a new stablecoin settlement system that will allow merchants to receive crypto payments from their customers in real-time,...