USDC

First Mover

First Mover: PayPal Rushes In and Bitcoin Breaches $12K, While USDC Gains on Tether

Muyao Shen Omkar Godbole Bradley Keoun Sebastian SinclairOct 21, 2020

PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether.

Stablecoins

Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi

Muyao ShenOct 21, 2020

USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.

USDC

USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

Zack VoellOct 21, 2020

USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.

Stellar

Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances

Nathan DiCamilloOct 15, 2020

The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.

Bitcoin

Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges

Bradley KeounSep 25, 2020

CEO Steve Ehrlich says this quarter's revenue is on track to double what the company produced in all of its last fiscal year.

USDC

DeFi

Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account

Brady Dale

Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.

NFTs

Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June

Paddy Baker

Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).

USDC

‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo

William Foxley

Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.

Stablecoins

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins

Daniel CawreySebastian Sinclair

So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

USDC

Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending Rates Skyrocket

Daniel Cawrey

Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.

Stablecoins

BCB Group Teams With Circle to Offer EU Institutions USDC Stablecoin Settlement

Sebastian Sinclair

BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.

USDC

Circle Gets $25M From DCG to Drive USDC Mainstream

Ian Allison

USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.

USDC

Circle Confirms Freezing $100K in USDC at Law Enforcement’s Request

Nikhilesh De

CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.

Stablecoins

Former US Treasury Secretary Laurence Summers Expects ‘a Ton of Innovation’ Around Stablecoins

Sandali Handagama

Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example of their usefulness.

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