Tags: USD Coin

USDC dominates the E.U. stablecoin race, with Circle chief predicting market consolidation over the coming decade.

Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets.

The Campaign for Accountability released a new open letter criticizing Circle’s Cross Chain Transfer Protocol.

U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense.

According to an open letter published on Circle’s blog, the company has not provided services to Justin Sun since February.

While Ether represents 50 of the total crypto donations made to Save the Children’s HODL Hope Campaign, Bitcoin donations amount to 34 of the lot so far.

The agreement was made in a memorandum of understanding, but SBI Holdings must first register as an electronic payment instruments service provider in the country.

Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.

Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out.

Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.

The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape.

The partnership will allow FamilyMart customers to exchange their loyalty points for the Circle-issued USDC.

18 million users of Coins.ph are expected to receive a faster, lower-cost and more accessible remittance option as a result of the new partnership with Circle.

Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol.

Tashi and Swing will integrate Wormhole bridged tokens for USDC, USDT, wETH, and others, potentially making Cosmos DeFi easier to use.

Wormhole integrated with Circle’s Cross-Chain Transfer Protocol, allowing USDC to be sent between Ethereum, Avalanche, Arbitrum and Optimism.

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

Stellar’s pre-announcements may have caused traders to create multiple scenarios for potential XLM developments, but their impact on XLM price could be short-lived.

Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version.

This week‘s Crypto Biz explores the latest on Binance‘s global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify‘s take on USDC and China‘s blockchain data exchange.

Solana Pay has reportedly been added to Shopify‘s payment solutions, giving millions of merchants access to cryptocurrencies.

Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity.