In an unexpected move, the world’s largest cryptocurrency exchange, Binance, has temporarily halted USDC (USD Coin) withdrawals. This news sent a few tremors through the crypto community but doesn’t s...
Tag: USDC
Binance clarifies USDC withdrawals were due to token swap, replenishing hot wallet
Binance CEO Changpeng ‘CZ’ Zhao blamed banks for the exchange delay in processing USD Coin (USDC) withdrawals in a Dec. 13 tweet. CZ added: “These are 1:1 conversions, no margin or l...
Router Protocol’s Circle integration makes USDC interoperable
Router Protocol, a cross-chain infrastructure platform designed to allow communication between blockchains, has integrated Circle’s Cross-Chain Transfer Protocol to make the stablecoin USD Coin (USDC)...
Mazars Releases KuCoin’s Verification PoR Report, Concluded That BTC, ETH, USDT and USDC Reserves Are Overcollateralized
VICTORIA, Seychelles–(BUSINESS WIRE)–Global leading audit firm Mazars has released a report about KuCoin’s Proof-of-Reserves to determine the total collateralization ratio of their asset holdings. The...
Oryen Network may outrun stable coins like BUSD and USDC soon
As the widespread adoption of cryptocurrency tokens soars, other strong contenders using different technologies are making their way into the crypto ring. One of the most notable crypto projects today...
USDC, a sudden ETH whale interest, and what it means for the stablecoin
ETH whales regain interest in USDC as stablecoin wars start to heat up USDC purchases in the last 24 hours increased in the last 24 hours Circle’s USDC stablecoin made it to the list of most purchase...
Coinbase vs Binance – USDC, USDT or BUSD?
Coinbase has waived conversion fees to try and induce customers to switch from USDT to USDC. Meanwhile, Binance has delisted USDC trading pairs and is pushing its own BUSD stablecoin. Stablecoin wars ...
Crypto Twitter reacts to Coinbase’s switch from USDT to USDC
Coinbase started a new campaign to encourage investors to switch from Tether (USDT) to USD Coin (USDC), “trusted stablecoin,” by zero-rating conversion charges in the exchange. Call to dump USDT Coin...
Coinbase takes a shot at Tether, encourages users to switch to USDC
United States-based cryptocurrency exchange Coinbase has asked its customers to convert their Tether-issued USDT (USDT) stablecoin to USD Coin (USDC), a USD-pegged stablecoin issued by Circle and co-f...
More power to USDC: might get ancillary access to Fed’s RRP.
USDC issuers have started investing in CRF. Its increasing use might provide indirect access to Fed’s Reverse Repo Program (RRP). This will make USDC a non-bank hybrid between CBDC and insured deposit...
Coinbase enables free switch from USDT to USDC, adds 1.5% APY bonus
Coinbase pushes the adoption of the digital dollar by allowing customers to seamlessly switch from USDT (USD Tether) to the popular USDC (USD Coin) with zero fees. By adopting the convention of USDT, ...
Coinbase Advises Clients to Convert Tether (USDT) Into Circle’s USDC, Cites ‘Flight to Safety’
Top US-based crypto exchange platform Coinbase is issuing a warning to its customers, advising them to convert their Tether (USDT) stablecoin holdings into USD Coin (USDC). In a new company blog post,...
Coinbase Asks to Switch from Tether to USDC
USD Coin (USDC) is a collateralized USD stablecoin issued by Circle in partnership with Coinbase, while USDT issuance is handled by Tether. It is the second-largest stablecoin in the world by market ...
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’ – Bitcoin News
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset...
Coinbase Waives USDT to USDC Conversion Fees Shortly After Binance Ditched USDC ⋆ ZyCrypto
Advertisement     The USDC stablecoin saga continues as leading cryptocurrency exchange Coinbase attempts to ease the conversion process of USDT holders looking to con...
Controversy Brewing? Coinbase Urges Users To Switch To USDC from USDT!
Recently, there has been a significant amount of worry over the credibility of Tether (USDT). In a most recent turn of events, controversy seems to be brewing in the industry as a result of Coinbase p...
Coinbase Announces Zero-Fee USDT to USDC Stablecoin Conversion
In what may signal the beginning of a new phase in the battle for stablecoin dominance, Coinbase, the world’s second-largest crypto exchange by trading volume, is now encouraging its users to swap fro...
Coinbase Wants Users to Convert USDT to USDC Because It’s More “Trusted and Reputable”
Leading U.S. crypto exchange Coinbase announced Friday that its global retail users can now convert their Tether USD (USDT) holdings into Circle’s USD Coin (USDC) without commission fees. The company ...
Coinbase urges users to switch from USDT To USDC, details inside
Coinbase waived USDT-USDC conversion fees. It is the second CEX to do so after Binance. Coinbase has taken aim at Tether (USDT) with its latest blog post, as it promoted USD Coin (USDC) as a safer sta...
Coinbase users to convert USDT to USDC for free
According to a blog post published on December 8, Coinbase is encouraging its users to exchange their Tether (USDT) holdings for USD Coin (USDC). The US-based exchange claims that recent events have d...
Crypto Exchange Coinbase Advises Users To Convert USDT to USDC
Exchange News Coinbase posted a blog encouraging people to convert their USDT to USDC at no cost. The exchange implicitly targeted Tether (USDT) for the adequacy of its reserves. Coinbase, a cryptocu...
Stablecoin wars heat up as Coinbase offers fee-free swaps from USDT to USDC
Coinbase has called on users to convert their Tether stablecoins to the stablecoin it cofounded, USD Coin — while waiving fees for doing so. “Now more than ever, stability and trust are of...
Coinbase asks users to convert their USDT to USDC for free
Coinbase is incentivizing its users to convert their Tether (USDT) holdings for USD Coin (USDC), according to a Dec. 8 blog post. Switch to a trusted stablecoin: USD Coin (USDC). Now convert Tether (U...
Tether CTO Criticizes Coinbase For Asking Users Convert USDT To USDC
Crypto exchange Coinbase has asked users to switch from Tether (USDT) to Circle’s USD Coin (USDC), referring USDC as a “trusted and reputable stablecoin.” While the major reason remains unclear, Coinb...
Coinbase Encourages Users to Switch From USDT to USDC
In a new blog post, the centralized crypto exchange encouraged users to switch from USDT to USDC by waiving the conversion fees while highlighting the latter stablecoin as a “trusted and reputable dig...
Coinbase Urges Customers to Drop USDT, Zero Fees for USDC
America’s largest crypto exchange, Coinbase, doesn’t want its customers to use the Tether stablecoin. It’s instead offering incentives on its own stablecoin, USDC. In a company blog post on Dec. 8, Co...
USDC could get access to Fed’s RRP via BlackRock partnership
USDC stablecoin could get indirect access to the Federal Reserve’s risk-free liability, as its partner BlackRock is set to apply for the Fed’s reserve repo (RRP) program. Circle CFO Jeremy Fox-Geen re...
Win 8,000 USDC in 1 Hour
Get ready for the Affyn Quiz to Win, coming on December 7, 2022, at 12:00 UTC! 🎉 𝗦𝗛𝗔𝗥𝗘 + 𝗧𝗔𝗚 & 𝗪𝗜𝗡❗ 🎁 Here’s a little incentive to kickstart the season of giving! QUOTE RETWEET 👇 w/ your BES...
USDC Issuer Circle terminates plans to go public
Circle, the cryptocurrency firm behind the stablecoin USDC, has reportedly terminated plans to go public after canceling its special purpose acquisition company (SPAC) transaction with Concord Acquisi...
USDC weekly circulating supply decreases by about 800M raising suspicion
USD Coin (USDC) weekly circulating supply has decreased by about 800 million USDC. Crypto investors are massively redeeming their stablecoin holdings for fiat following the recent market conditions th...
Circle To Stay Private for Now as Rivals Gain Market Share
As Circle reevaluates its plans to go public, USD Coin has been quietly losing stablecoin market share to competitors Tether and Binance USD over the past six months. Circle currently holds about 31%...
USDC Issuer Circle Dissolves SPAC Agreement With Concord
10 seconds ago | 2 mins read Altcoin News The Circle’s upper management is dissatisfied with the timing of the deal’s collapse. Circle planned to list on the Nasdaq as a special purpose acquisition co...