Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst
Rapidly expanding stablecoin supply shows that “fiat money is being moved into crypto at an accelerated pace,” 10x Research’s Markus Thielen said.
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Diversifying Stability: Stablecoins Finding Home Beyond the Greenback
Following the success of Tether and USDC, a generation of stablecoins are offering new features for investors and holders, says Scott Sunshine, Managing Partner of Blue Dot Advisors.
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.
Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance
The decentralized exchange settled over $500 million in trades on Sunday, briefly becoming the biggest DEX platform.
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.
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.
Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets
Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research.