Search Results for "USDC"
Circle Unveils Guide for Transitioning to Native USDC on Starknet
Circle provides a comprehensive guide for migrating from bridged USDC to native USDC on Starknet, highlighting differences, benefits, and best practices for developers.
Aleo Integrates USDCx on Testnet, Enhancing Blockchain Interoperability
Aleo introduces USDCx on its testnet via Circle's xReserve, enabling secure USDC-backed transactions across blockchains with privacy features.
Lipaworld Transforms African Payments with USDC Integration
Lipaworld utilizes USDC to revolutionize cross-border payments in Africa, enhancing remittances and small-business transactions with stablecoin technology, according to Circle.com.
Sora Financial Enhances African-Turkish Remittances with USDC
Sora Financial Technologies leverages USDC to streamline remittances between Turkey and 14 African countries, reducing costs and improving transaction speed for users.
Circle Gateway Revolutionizes Crosschain Liquidity with USDC Integration
Circle Gateway introduces a unified liquidity infrastructure for seamless crosschain operations, enhancing capital efficiency and user experience across multiple blockchain networks.
Sei Network Drops Cosmos Support in Push for 200K TPS with Giga Upgrade
Sei's SIP-3 upgrade deprecates CosmWasm to become EVM-only by mid-2026. USDC.n holders must migrate assets by March or risk losing access.
FV Bank Partners with Circle for Instant USDC Deposits and Conversion
FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic conversion of USD Coin (USDC) into USD upon deposit for a seamless experience.
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.
Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.
Circle Launches Native USDC on Polygon
Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.
Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer to remove the funds from SVB as the FDIC-insured bank was about to shut operations, but the transfer was not wholly processed, leaving $3.3 billion of USDC reserves with SVB. Dante Disparte, Circle's chief strategy officer, warned that SVB's failure could have broader implications for the US economy.
FTX Continues to Move Funds Amid Ongoing Investigations
Addresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.