Circle announced the selection of BNY Mellon, one of the oldest U.S. banks and one of the first to embrace custody of digital assets, as the principal custodian for USD Coin (USDC) reserves. BNY Mello...
Tag: USDC
USDC Reserves Will Be Custodied With BNY Mellon, Says Circle
Circle has selected Bank of New York Mellon as its primary custodian for USD Coin (USDC) reserves. In the past six months, Circle has seen its valuation double to $9 billion and the market cap of its...
Circle Taps BNY Mellon to Serve as Custodian for USDC Stablecoin Reserves
The Bank of New York Mellon Corporation, popularly known as BNY Mellon, has been selected to serve as the “primary custodian” for the reserve assets behind the USDC stablecoin, a cryptocurrency whose ...
Circle Chooses BNY Mellon to Custody USDC Reserves – Bitcoin News
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the secon...
BNY Mellon to become primary custodian for Circle’s USDC stablecoin reserves
Peer-to-peer payments processor Circle Internet Financial today announced that it has chosen the Bank of New York Mellon Corporation, also known as BNY Mellon, to become a primary custodian for its US...
Circle Picks BNY As Custodian Of USDC Reserves
Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circ...
BNY Mellon Becomes New Custodian of USDC Reserves Via Partnership With Circle
Circle, a global Internet financial payments company and issuer of the USDC stablecoin, announced today that the Bank of New York Mellon Corporation (BNY Mellon) has become the primary custodian of US...
America’s Oldest Bank to Become Primary Custodian of Circle’s USDC
Circle has tapped BNY Mellon – one of the Wall Street giants leading the cryptocurrency adoption – to serve as the primary custodian of its stablecoin USD Coin – USDC. Circle Cooperates With BNY Mello...
Hacker steals over $625 worth of Ether and USDC from Ronin network
Ronin network has suffered from what could be termed the largest exploit ever in the decentralized finance sector. On Tuesday, the network announced that more than $625 million worth of the USDC stabl...
Axie Infinity’s Ronin Network Exploited, $625m In USDC and ETH Stolen
Axie Infinity’s Ronin Sidechain has been exploited, with a yet unidentified threat actor stealing away an estimated $625 million in USDC and ETH. According to a community alert posted by the Ron...
Largest Crypto Hack Ever? Ronin Bridge Exploited for $600M+ in ETH and USDC
Ronin – an EVM blockchain for play-to-earn games – recently fell victim to one of the largest hacks in the history of crypto. A whopping 173,600 ETH was drained from Ronin bridge within the last week,...
New #1 On DeFi Hack Leaderboard -Axie Infinity’s Ethereum Sidechain Ronin Hit By $600 Million Exploit
The Block Crypto first reported that the Ronin Exploit is the largest DeFi exploit of all-time. theblockcrypto.com, https://www.theblockcrypto.com/post/139761/axie-infinitys-ethereum-sidechain-ronin-h...
Circle’s Accountant Tweaks Fine Print of USDC Attestation
“Most auditors and attestors do not use the word ‘correct,’ and it would only be used where a precise measurement is available,” said Michael Shaub, an accounting professor at Texas A&M University...
USDC, USDT, WXRP, and GALA » CryptoNinjas
GateHub, a cryptocurrency platform built on XRP Ledger protocol, announced today that it has added support for 4 new crypto-assets, all of which are ERC20 tokens. USDC, USDT, WXRP, and GALA are newly ...
Bitrue Looks To Become The Number One Exchange For USDC Support
Given the current state of the world, it can often be difficult to successfully navigate through highly volatile markets, and this is especially true for the cryptocurrency sector as these digital ass...
USDC Inflow Spikes Up, Will It Act As Dry Powder For New Bitcoin Rally?
On-chain data shows the USDC exchange inflow has spiked up. Historically, stablecoins have provided dry powder for kicking off new Bitcoin rallies. USDC Exchange Inflow Sharply Rose To High Values Rec...
Deribit begins rollout of its USDC priced suite of perpetuals with BTC-USDC » CryptoNinjas
Deribit, the popular crypto derivatives exchange, has announced the commencement and first instrument launch date of its USDC-based set of margined products. Coming up this Wednesday, March 9th at 1 P...
Know how Binance USD (BUSD) flipped United States Dollar Coin (USDC)
In February, the United States Dollar Coin (USDC) lost ground to Binance United States Dollar (BUSD), which had a 51 percent rise in actual volume over USDC. In contrast to USDC, the TRV has dropped b...
BUSD Surpasses USDC in TRV for February 2022
United States Dollar Coin (USDC) took a backseat in real volume (TRV) during February as Binance United States Dollar (BUSD) saw a 51% increase in real volume over USDC. February proved to be a diffic...
Circle Launches New Account for Business Growth
Global financial technology firm, Circle recently announced the launch of a new Circle Account for the growth of businesses around the world. The company termed the recently launched account a startin...
Circle Launches Corporate Account to Support USDC Transactions
The issuer of stablecoin USD Coin (USDC), Circle, has launched a new account service that enables corporate customers to deposit, withdraw, receive and store cryptocurrencies through their account and...
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps – Altcoins Bitcoin News
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued mo...
USDC scales new monthly high in terms of supply in smart contracts, thanks to…
USD Coin (USDC) issued by Circle Inc is the second-largest stablecoin by market capitalization. It achieved significant milestones over the years. In fact, on 1 February, USDC market capitalization su...
USDC Stablecoin Issuer Circle Is Now Valued at $9B
Key Takeaways Circle has signed a new deal for a SPAC merger with Concord Acquisition Corp. The new agreement gives Circle a $9 billion valuation, double its prior valuation from July 2021. The new ag...
USDC Issuer Circle Valued at $9 Billion, Aims to Go Public by December 2022
Circle Internet Financial is a finance firm that’s best known for being the issuer of the second-biggest stablecoin by total market capitalization – USDC. Now, the company reports that it’s valued at ...
You might have searched for ‘What is USDC?’; so your search ends here
If you look closely, you will find out that the stablecoins are more with the practical use cases which a currency is expected to be that too with the advantage of being a blockchain-based cryptocurre...
Circle To Integrate USDC On Flow To Simplify Payments
USD Coin (USDC) stands as the second-largest stablecoin after Tether (USDT). The recent times, USDC has proved to be a great coin through its massive growth achievement that, on some occasions, has ex...
Okcoin Becomes the First in the US to Add Stellar USDC
Stellar Development Foundation’s recent partnership with USDC has been the talk of the market for a while. The collaboration now sees the listing of Stellar USDC on one of the most well-known crypto e...
Stellar USDC integration is on Okcoin exchange, 1st in the USA
Recently, crypto exchanges have announced with SDF that Stellar USDC is now available on the platform. Okcoin is now trading Stellar USDC as they announced Since the Stellar USDC combined, it sought ...
USDC blacklist cost users an extra $3.6 million – per month
Stablecoin USDC is getting increasingly popular among crypto users and ditto institutions, so much so that USDC, the second-largest stablecoin by market cap, is on a steady streak narrowing the distan...
Circle Has Announced the Availability of Flow USDC Integration
In 2021, Non-Fungible Tokens took the world by storm, with initiatives like NBA Top Shot paving the way. This is why Circle is thrilled to announce the release of Flow USDC, which brings USDC liquidit...
Circle Integrates USDC on Dapper Labs’ Flow
Financial services company Circle, the issuer of USDC, has enabled support for the dollar-backed stablecoin on the Flow network, making it the eighth integration for the second-largest stablecoin on a...