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Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

Stablecoin Market Adds B in Six Days as Major Tokens ExpandIn the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Louisiana Announces That State Services Can Now Be Paid For With Crypto

Louisiana Announces That State Services Can Now Be Paid For With Crypto

The Southern Coastal US state of Louisiana is announcing that its services can now be paid for with crypto assets. According to a new press release, the government of Louisiana is collaborating with software firm Envoc and crypto payments platform Bead Pay to revolutionize how payments are made for the state’s services. Residents of Louisiana […]

The post Louisiana Announces That State Services Can Now Be Paid For With Crypto appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems

Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems

Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil. In a new blog post, the payments platform says that it will now be offering local bank transfers via PIX and SPEI – the respective national real-time payment systems of Mexico and Brazil – eliminating the need for […]

The post Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain

Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain

Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains. “SUI enables developers […]

The post Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges

BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and BridgesBNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported. Key partnerships with exchanges like Binance, […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Circle Partners With Sony to Introduce USDC on Soneium

Circle Partners With Sony to Introduce USDC on SoneiumCircle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange. […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto

Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto

Circle CEO Jeremy Allaire says that the US is on the cusp of becoming a global leader in crypto innovation and development. In a new thread on the social media platform X, the co-founder of the USDC stablecoin issuer says that the US is nearing a “turning point” where the government is no longer hostile toward […]

The post Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Fiat-Pegged Crypto Market Expands by .39B in Past Week, Led by USDT and USDCOver the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Circle predicts stablecoins will become mainstream global payment method

Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.

Circle, the issuer of the world’s second-largest stablecoin USDC, feels “confident” that stablecoins will become mainstream money. Simultaneously, regulations should be harmonized globally to ensure compliance for all payment stablecoin issuers.

“Circle is confident that there will be mainstream adoption of stablecoins as the money for the internet age,” Dante Disparte, chief strategy officer and head of global policy at Circle, told Cointelegraph in an exclusive interview. 

“We expect there will be internet payments firms and other financial services companies that (will) attempt to enter or to expand in this space, which is a strong signal that stablecoins are here to stay,” Disparte pointed out.

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

USDC issuer Circle announces HQ move to New York ahead of IPO

2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.

Stablecoin issuer Circle is moving its global headquarters to New York City, ahead of the firm’s planned Initial Public Offering (IPO).

Circle, the issuer of the world’s second-largest stablecoin USDC (USDC), is moving into “one of the top floors of 1 World Trade Center.”

The move was announced by Jeremy Allaire, the co-founder and CEO of Circle, who wrote in a Sept. 13 X post:

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal