USDC

Crypto Volatility Returns; Big Names Investing in Blockchain
Crypto Volatility Returns; Big Names Investing in Blockchain
Bitcoin and ether hit by inflation concerns. Number of USDC exchange deposits hits 16-month low. Top names invest $6 billion in blockchain despite market wobbles. Those storie...
Crypto Volatility Returns; Big Names Investing in Blockchain

Circle's Cautious USDC Approach Has Paid Off, Despite Missteps
Circle’s Cautious USDC Approach Has Paid Off, Despite Missteps
The USD stablecoin (USDC) issuer Circle reaffirmed its plans to go public later this year. Circle has adopted a more transparent and regulated approach in terms of USDC than i...
Circle's Cautious USDC Approach Has Paid Off, Despite Missteps

Circle CEO and founder Jeremy Allaire testifies before the House Financial Services Committee on December 8, 2021 in Washington, DC. Allaire has been among the most proactive crypto leaders in welcoming regulatory oversight – a controversial stance that is paying off in a big way. (Alex Wong/Getty Images)
Circle's Cautious USDC Approach Has Paid Off, Despite Missteps
For years, Circle seemed like an unfocused mess. But making the USDC stablecoin more transparent and regulated than the competition is paying off in a massive way.
Circle CEO and founder Jeremy Allaire testifies before the House Financial Services Committee on December 8, 2021 in Washington, DC. Allaire has been among the most proactive crypto leaders in welcoming regulatory oversight – a controversial stance that is paying off in a big way. (Alex Wong/Getty Images)

(Sandali Handagama/ CoinDesk)
Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin
The asset breakdown comes at a time when crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis.
(Sandali Handagama/ CoinDesk)

3AC Founder Briefly Surfaces; Buterin Defends Ethereum
3AC Founder Briefly Surfaces; Buterin Defends Ethereum
Court gives Three Arrows Capital liquidators permission to claim US assets. Celsius pays off USDC loan on Aave, unlocks over $415 million in collateral. Buterin defends proof-...
3AC Founder Briefly Surfaces; Buterin Defends Ethereum

(Creative Commons, modified by CoinDesk)
Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
The company will be using the second-largest stablecoin by market cap for its relative stability.
(Creative Commons, modified by CoinDesk)

USDC issuer Circle and NYCB will also work in stablecoin solutions for underserved and unbanked communities. (Sandali Handagama/ CoinDesk)
New York Community Bank to Hold Assets Backing Circle's USDC
This marks the first time a community bank will serve as a custodian for a stablecoin.
USDC issuer Circle and NYCB will also work in stablecoin solutions for underserved and unbanked communities. (Sandali Handagama/ CoinDesk)

(Sandali Handagama/ CoinDesk)
USDC Issuer Circle to Introduce Euro-Backed Stablecoin in US
The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.
(Sandali Handagama/ CoinDesk)

Tron Bolsters Reserve Again; Fed Decision Market Wobbles
Tron Bolsters Reserve Again; Fed Decision Market Wobbles
$500 million in USDC added to Tron DAO USDD reserve. Coinbase cuts nearly a fifth of its workforce. Michael Saylor, Microstrategy stick to their guns on Bitcoin. Crypto market...
Tron Bolsters Reserve Again; Fed Decision Market Wobbles

Circle CEO Jeremy Allaire. ( (Danny Nelson/CoinDesk)
Circle to Support Polygon USDC on Payments Platform as Adoption Grows
The move will allow for swapping native USDC across eight other blockchain networks.
Circle CEO Jeremy Allaire. ( (Danny Nelson/CoinDesk)