[PRESS RELEASE – Greenwich, Connecticut, 5th July 2022] Spritz will enable its customers to seamlessly link their credit cards, mortgage, student loans and more monthly expenses directly to their cryp...
Tag: USDC
USDC closing in on Tether
USDC’s market capitalization is getting closer to that of USDT (Tether). USDC and Tether are getting ever closer Circle’s stablecoin is increasingly becoming a dangerous rival to USDT In fact, USDT h...
After Market Turmoil, USDC Issuer Circle Comes Clean Hinting No Liquidity Risks
The cryptocurrency market has been going through a very rough period with several crypto firms reporting insolvencies and bankruptcy. A few hours ago, Voyager Digital announced its bankruptcy, becomin...
Circle releases documents on USDC reserves
The cryptocurrency market has been filled with speculations about the depegging of several stablecoins. Circle’s USDC stablecoin, the world’s second-largest stablecoin by market cap, has displayed a h...
Circle CEO Dismisses Rumors About USDC Stablecoin Collapse
Circle CEO Jeremy Allaire dismisses rumpus about the collapse of USDC stablecoin. Circle is a peer-to-peer payment technology firm. In a Twitter thread published over the weekend, Allaire said he can ...
USDC Shines, While USDT Still Remains Concerned For Traders ! – Coinpedia – Fintech & Cryptocurreny News Media
When compared to its $66 billion rival giant Tether (USDT), Circle’s native stablecoin USD Coin’s growth in the previous two months has been nothing short of amazing. Notably, since May, USDC’s market...
Spritz Finance Launches Direct Wallet Pay, an Easy Way To Pay Real-World Bills With USDC From Any Crypto Wallet
July 5, 2022 – Greenwich, Connecticut Spritz will enable its customers to seamlessly link their credit cards, mortgage, student loans and more monthly expenses directly to their crypto wallet and make...
“We Have Zero Issues,” Circle’s Jeremy Allaire Says As Rumours Of USDC Collapse Surface ⋆ ZyCrypto
Advertisement     Jeremy Allaire, CEO of USDC issuer Circle has moved in to quell rumors of an impending USDC collapse following a crypto market deleveraging event tha...
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022
The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio...
USDC Enjoys Robust Reserve & Redeemed on 1:1 basis with USD, Says Circle CEO
Jeremy Allaire, the founder and Chief Executive Officer of USDC stablecoin issuer Circle took to Twitter recently to share updates about the firm and how it is in a better position financially despite...
Circle CEO Refutes Rumor of USDC Collapse Due to Exposure to Troubled Firms
Circle – the company behind the second-largest stablecoin by market cap, USDC – reiterated its positive financial position amid a rumor calling the company on the brink of collapse. As the reports wen...
Circle denies rumors USDC stablecoin is troubled amid market downturn
Circle’s founder and CEO Jeremy Allaire tweeted a thread of statements and linked blog posts on Saturday addressing rumors that the company’s USDC stablecoin was near collapse amid the crypto market d...
Will USDC collapse? Assessing if the claims hold water
A few weeks have passed ever since the Terra UST stablecoin crash. The incident seems to have triggered more concerns about stablecoins and USDC has found itself in the spotlight. Recent claims sugges...
Circle’s CEO Quells USDC Fears
Circle’s CEO has distributed a Twitter string subduing fears He added that it is reasonable why the crypto local area would stress over USDC He reaffirms Circle is focused on being straightforward wi...
Circle Taps New York Community Bank as its Latest Custodian for USDC Reserves
Circle has tapped a New York state-based community bank as its latest custodial provider for USDC reserves. The move reflects Circle’s strategy to deepen partnerships with Community Banks across the U...
USDC Stablecoin-Issuer Circle in ‘Strongest Financial Position’ Ever
Circle, the company behind USDC, the world’s second-largest stablecoin, is in its “strongest financial position” ever, according to CEO Jeremy Allaire. It comes as stablecoins have come under increase...
Circle, the company behind USDC, launches Euro Coin
Starting today on major exchanges, it will be possible to trade Euro Coin (EUROC), the stablecoin pegged 1:1 to the euro and secured with bank deposits of equal value in euros. Circle officially issue...
USDC Exchange Reserves Rise As Investors Escape From Bitcoin
On-chain data shows the USD Coin exchange reserves have gone up recently, suggesting that investors may be exiting volatile markets like Bitcoin. USD Coin All Exchanges Reserve Has Been Climbing Up Re...
Market Selloffs Lead to Rising Inflows of USDC: Circle CEO
In the latest interview with Fox Business, Circle CEO Jeremy Allaire unveiled his thoughts on the turbulent crypto market with stablecoins being targeted by short sellers partly due to the Luna-UST fi...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves – Finance Bitcoin News
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Communi...
Roger Ver Owes CoinFlex $47 Million in USDC, Says CEO
CoinFlex CEO Mark Lamb has revealed through a Twitter thread that crypto investor Roger Ver owes the company $47 million in USDC. The Bitcoin.com founder’s failure to repay CoinFlex has halted w...
Circle: more transparency on the USDC peg
Circle Internet Financial, which is the issuer of the USD Coin (USDC) stablecoin, yesterday announced a partnership with New York Community Bancorp, Inc. (NYSE: NYCB) to have the group’s subsidiary ba...
USDC Parent Inks Major Pact With New York Bank
Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. Under the agreement, New York Community Bank will become a custodian for US...
Circle Inks Strategy Partnership with Bancorp for USDC Custody
Circle Internet Financials LLC, the blockchain company responsible for issuing the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB), a publicly listed New York...
CoinFLEX CEO claims investor “Bitcoin Jesus” personally owes the exchange $47M USDC
Mark Lamb, CEO of CoinFLEX, tweeted June 28 that Roger “Bitcoin Jesus” Ver owes the exchange $28 million USDC and has been issued a notice of default. Roger Ver owes CoinFLEX $47 Million USDC. We have...
Voyager, 3AC, BTC, USDC in loan; default- Everything unexpected
Many cryptocurrency-based firms have faced the wrath of a crypto meltdown that saw LUNA drop to zero. Interestingly, Three Arrows Capital (3AC), the beleaguered cryptocurrency firm tops the chart. In...
Bybit Launches Futures Contracts Settled in USDC Stablecoin
The Singapore-based digital asset exchange Bybit has expanded the variety of its crypto options trading services to its customers with a launch of new futures contracts settled in USDC stablecoins. By...
Bybit to offer futures contracts settled in the USDC stablecoin
Crypto exchange Bybit announced on Monday that it will offer futures contracts settled in the stablecoin USD Coin (USDC), rather than bitcoin. This is the first time Bybit will offer futures settled i...
Coinbase Users Can Now Send & Receive ETH and USDC on Polygon
In the upcoming month, Coinbase users are likely to be able to send and receive USD Coin (USDC), Polygon (MATIC), and Ethereum (ETH) on Polygon, as per a Twitter announcement. Coinbase for the first t...
USDT and USDC Dominance Reach New Record Highs Amid Massive Crypto Selloffs – crypto.news
Two of the largest stablecoins by market capitalization, USDT and USDC, saw their dominance reach a new all-time high (ATH), an indication that more traders are exiting their crypto positions, althoug...
USDC vs USDT: the differences between the two stablecoins
USDC and USDT are the two main stablecoins available in the crypto markets today. Both are 100% collateralized in US dollars, and convertible at par, but they have different histories behind them. Th...
$100 USDC on Ethereum Now Costs Almost $300 USDC on Harmony, But There’s Catch
Following Harmony’s Horizon bridge $100 million hack, the exchange rates on Ethereum mainnet and the bridge were rigged, offering some users to triple their USDC holdings with a simple exchange....