USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.
Circle
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
A 1976 Treasury bill worth $5000. (Wikimedia/CoinDesk)
Circle to Issue Its Stablecoin USDC on Celo Network to Boost RWA Capabilities
Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.
Chainlink Teams Up With Circle to Allow Cross-Chain Stablecoin Transfers
The integration allows developers to build cross-chain use cases via Chainlink’s CCIP that involve multichain transfers of Circle’s USDC stablecoin.
Circle Highlights Surge in USDC Use for Asia Remittances in New Report
Since its introduction in 2018, USDC has been used to settle over $12 trillion in blockchain transactions.
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
Circle’s USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.
Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”
Circle Curbs Stablecoin Minting for Retail Users, Moving Closer to Tether’s Practice
USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients.
Circle to Let Merchants Pay for Customers’ Gas Fees With Web3 Wallet Upgrade
Southeast Asian super app Grab is currently piloting the “Gas Station” to cover gas fees for its Singaporean users if they use NFT vouchers.
OpenTrade Unveils Tokenized U.S. Treasuries Offering as Tokenization Race Gains Steam
The tokenized Treasuries market has grown sixfold this year to $668 million, according to rwa.xyz data.