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USDC Stablecoin Issuer Considers Moving Legal Home From Ireland to US

USDC Stablecoin Issuer Considers Moving Legal Home From Ireland to USCircle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the United States. The decision is believed to be a response to the Organization for Economic Cooperation and Development’s (OECD) proposal for a minimum tax of 15% on the profits of larger multinational corporations. Republic […]

Kraken adds 15 new margin collateral currencies

Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain

Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron BlockchainThe U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank. Despite discontinuing support for USDC on Tron, Circle said it is still committed to growing […]

Kraken adds 15 new margin collateral currencies

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below ParityOn Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin. Additionally, around five other stablecoins have dropped below the U.S. dollar parity during the early morning (ET) […]

Kraken adds 15 new margin collateral currencies

Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter

Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With TwitterOn April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform is Stripe’s first partner. Stripe and Twitter Partner to […]

Kraken adds 15 new margin collateral currencies