Circle

Circle Unveils Smart Contract Service for Blackrock BUIDL Holders to Convert to USDC

April 11, 2024 Bitcoin.com

bitcoin.com

On Thursday, the financial technology firm and stablecoin provider Circle introduced smart contract capabilities aimed at enabling holders of the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) to exchange their shares for USDC through Circle. Circle Provides BUIDL Off-Ramp This week, Circle announced it is providing a redemption pathway for BUIDL holders through USDC. BUIDL, […]

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Circle Launches Native USDC Stablecoin on the Ethereum Scaling and Privacy Solution zkSync

April 11, 2024 The Daily Hodl

Altcoins

Stablecoin issuer Circle says the dollar-pegged USDC is now available natively on layer-2 Ethereum (ETH) scaling protocol zkSync. In a series of posts on social media platform X, zkSync says that, unlike the USDC that was previously bridged on its platform, native USDC is different. “It’s backed by Circle with additional benefits:  Regulated, fully reserved, […]

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Stablecoins are ‘fundamental’ for the US economy — Cantor Fitzgerald CEO

April 10, 2024 The Crypto Briefing

blackrock

Lutnick claimed at a recent conference hosted by Chainalysis that stablecoins are fundamental for the US economy.

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Circle expands its Web3 Services to Solana as stablecoin transfers surge

April 10, 2024 The Crypto Briefing

Circle

Circle is expanding support for the Solana blockchain and USDC stablecoin integration as a report shows Solana processes 43% of all stablecoin transfer volume.

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Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems

April 4, 2024 Bitcoin.com

Altcoins

Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S. Dollar-Linked Stablecoin, Aiming for Wider Crypto Adoption In a statement released on Thursday, Ripple revealed its intention to introduce a stablecoin token linked to the […]

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Binance to Halt Tron USDC Trading Following Circle’s Move Away

March 25, 2024 Bitcoin.com

Binance

Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase out support entirely, aligning with efforts to maintain USDC’s trust, transparency, and safety. Binance users […]

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Circle Announces Plans To Phase Out Support for USDC on the Justin Sun-Founded Blockchain Tron

February 22, 2024 The Daily Hodl

Altcoins

Stablecoin issuer Circle is ending support for its US dollar-pegged digital coin on the Tron (TRX) blockchain. Circle says it will stop minting USDC on the Justin Sun-founded network effective immediately, though it will continue to support transfers and redemptions until February 2025. “Circle Mint customers may transfer USDC on TRON to other supported blockchains […]

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Stablecoin Wars: Circle Executive Tells Congress That U.S. Treasury Department Should Probe Rival Company Tether

February 17, 2024 The Daily Hodl

Altcoins

A Circle executive told Congress this week that she hopes the U.S. Treasury Department considers taking action against Tether. Caroline Hill, senior director of global policy and regulatory strategy at Circle, testified before the House Subcommittee on Digital Assets, Financial Technology, and Inclusion on Thursday. Circle issues USDC, the second-largest stablecoin by market cap. Representative […]

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Can Circle’s IPO boost USDC in its fight for market share?

January 30, 2024 The Crypto Briefing

Circle filed for an initial public offering (IPO) on Jan.

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Stablecoin Issuer Circle To Launch USDC Natively on Top of Celo Blockchain

January 30, 2024 The Daily Hodl

Altcoins

Stablecoin-issuer Circle says it’s bringing USDC to the Celo (CELO) blockchain, according to a new press release from The Celo Foundation. The Celo protocol is an Ethereum Virtual Machine (EVM) compatible blockchain that bills itself as “mobile first,” and is in the process of migrating into becoming a layer-2 solution. Its native token, CELO, can […]

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