Arman Shirinyan Interoperability on Cardano has risen with the release of Iagon’s Ethereum-Cardano bridge Investors and users who wish to bridge their USDC from Ethereum blockchain to Cardano ca...
Tag: USDC
Crypto Whales Locomoting Towards USDC Instead Of Tether (USDT) Amid Crypto Havoc
UST failure gave rise to big investors in Ethereum blockchain to leave USDT behind for the perceived security of its greatest rival. As per a data aggregator, wallet addresses on Ethereum holding over...
Crypto Whales Ditched Tether for USDC After Stablecoin Panic
For example, DAI, the largest decentralized and overcollateralized stablecoin, is holding USDC instead of USDT in its treasury. DAI, the currency of the blockchain protocol MakerDAO, has a market capi...
Top Crypto Exchange Adds LUNA Spot Trading Pair Against USDC
– Advertisement – Luna New Trading Pair has been Listed On OKX – Can This Save Terra? It’s good news for the Terra community as Luna scores a new trading pair listing on one of the top...
Tether and USDC to Publish Assurance Reports Weekly – Coinpedia – Fintech & Cryptocurreny News Media
The failure of algorithmic stablecoin TerraUSD earlier this month prompted investors to seek refuge in other crypto assets that try to maintain a one-to-one peg with the US dollar. Tether’s USDT brief...
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report – Altcoins Bitcoin News
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Addition...
The Demand For USDC Spike, Yet It May Delay The Overtaking Of USDT! Here Is Why
After the Tether (USDT) collapsed below $1 recently, all focus has been shifted towards USDC as the investors are reassessing their preference for stablceoin due to USDC’s increased market cap. Here ...
Traders Shift From USDT To USDC Due To These Metrics! What Next ? – Coinpedia – Fintech & Cryptocurreny News Media
Last week as the Terra blockchain collapsed, the turbulence was felt by the whole cryptocurrency market as the major cryptocurrencies collapsed to its lowest level of 2022. In a week, more than $30 bi...
Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT]
Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market cap ranking as investors look at the wreckage of TerraUSD [UST] and re-assess their stablecoin preferences. To...
USDC Increasingly Becoming Preferred Stablecoin Over USDT
Latest data from Glassnode suggests USDC may be becoming the crypto market’s preferred stablecoin over USDT. USDC’s Supply Surged Up Recently, While USDT’s Plunged Down As per the latest weekly report...
The Big ‘Winner’ From the Crypto Crash? USDC Stablecoin
In brief UST stablecoin lost its peg at the start of May’s crypto crash. Tether’s market cap decreased. USDC stablecoin’s market cap increased. When Terra and its UST stablecoin coll...
Stablecoin Preferences See A Shift From USDC To USDT! Here Is Why – Coinpedia – Fintech & Cryptocurreny News Media
Yesterday, the 17th of May, the cryptocurrency market was in green with Bitcoin and other major cryptocurrencies trading positively. However, this bullish trend didn’t last for long as the bearish tre...
USDC Now the Most Purchased Crypto by Top 100 Ethereum Wallets
United States Dollar Coin (USDC) has overtaken Ethereum (ETH) and United States Dollar Tether (USDT) as the most purchased cryptocurrency by the top 100 Ethereum wallet addresses. USDC is one of the ...
USDC Exchange Reserves Start Fall, Dry Powder For Bitcoin?
On-chain data shows the USDC exchange reserves have started to trend downwards recently, a sign that buyers may be exchanging the coin for Bitcoin and other cryptos. USDC Reserves On Exchanges Have Fa...
A Next-Gen Digital Finance Platform offering a 1,288 USDC Free Coupon and Maximum $55 in Referral Incentive – crypto.news
Cryptocurrencies are creating unprecedented opportunities for everyone, regardless of their geographical location. Anyone can make investments in crypto, and it doesn’t matter their experience, geogra...
Falling Bonds Back USDc – Trustnodes
The dollar stablecoin by Coinbase and Circle, USDc, is no longer backed by actual dollars but by volatile treasury bonds. This year, U.S. Treasuries have had their worst start in history, and that may...
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries – Bitcoin News
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since ...
Here’s What Could Be The Reason Behind Ape #6462 Sale Of Just $200 USDC
As with everything on blockchain, mistakes are irreversible too and often prove to be quite costly. We got to witness one example of it quite recently as the owner of Ape #6462 sold the NFT for a mere...
BAYC NFT #6462 Ape Sold For Just 200 USDC, Raising Speculations
5 seconds ago | 2 mins read Editors News The police helmet, pizza, and bone necklace adorn the #6462 Ape. The NFT was sold for more than $7,000 a year ago. At a price of around 200 USDC, the BAYC NFT,...
Someone Just Sold a Bored Ape NFT for 200 USDC
When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from th...
Stablecoin Crash :This is Why USDC is Unaffected With The Panic Sell-Off? – Coinpedia – Fintech & Cryptocurreny News Media
This week, the crypto market touched rock bottom as the drop in Bitcoin, altcoins and stablecoins soured investor sentiment. In at least two years, Bitcoin had its most tumultuous week and the market ...
USD Coin (USDC) on Tron (TRX) Smashes Through Major Milestone Amid UST Drama
Vladislav Sopov His Excellency Justin Sun, founder of Tron (TRX), shares that USD Coin (USDC) expands its bet on Tron (TRX) as technical basis Contents USDC supply on Tron (TRX) surpasses $1 billion f...
Circle Mints 8.4 Billion USDC Within 7 Days, Why?
Circle, the payments technology company behind the digital stablecoin USDC, has revealed, in a blog post, that it has redeemed 6.7 billion USDC and further minted 8.4 billion USDC during the past week...
Here’s what USDC is doing right to maintain certainty amidst Terra’s meltdown
It was only a week ago when the stablecoin economy got awfully close to surpassing the $200 billion mark. But Terra’s recent collapse changed all that. At press time, the stablecoin market capitalizat...
Why did Ethereum Co-founder Vitalik Buterin Donate $4m worth of USDC to the University of NSW?
Regarding the new research and developments, Universities like UNSW across the world receive various funds from donors like Vitalik Buterin Co-founder of smart contract enabled blockchain network Vita...
Vitalik Buterin donates USDC to fight Covid-19
Ethereum co-founder Vitalik Buterin has decided to donate as much as $4 million in USD Coin (USDC) stablecoin to the University of New South Wales (UNSW), to help in the development of a technology to...
Gensler attacks USDT, USDC, BUSD while Do Kwon takes his ‘razor focus to deliver’
The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the crypto market which is currently goi...
As Terra’s UST Loses Its Dollar Peg, Concerns About USDT & USDC Stability Hype!
As the cryptocurrencies like Bitcoin, Ethereum among others are known for their steep volatility, there is another asset class called Stablecoin and this is known for its least volatility due to its p...
What Terra’s Meltdown Means for Centralized Stablecoins Tether and USDC
As the market panics over the implications of Terra’s UST losing its dollar peg, questions have been raised about its asset-backed stablecoin competitors, Tether and USD Coin. Tether (USDT) and USD C...
How Crypto’s Crash Broke The Buck For TerraUSD
Do Kwon, co-founder and chief executive officer of Terraform Labs, in the company’s office in Seoul, South Korea, on Thursday, April 14, 2022. Kwon is counting on the oldest cryptocurrency as a ...
Jane Street makes DeFi play with planned $25 million USDC loan
advertisement Jane Street Capital, one of the world’s biggest market makers, is pushing into decentralized finance (DeFi) as it plans to borrow up to $25 million in the stablecoin USDC. Accordin...