USDC | ForkLog

ForkLog 25 23.05.2024

Stablecoin Market Capitalisation Surpasses $160 Billion

The combined market capitalisation of stablecoins has surpassed the $160 billion mark.

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ForkLog 68 29.04.2024

USDC Surpasses USDT in Monthly Transactions

The stablecoin USDC has overtaken the segment leader, Tether’s USDT, in the number of monthly transactions, analysts at Visa have observed. According to their data, in April 2024, there were 166.6 million transactions in USDC compared to 163.6 million in USDT. The stablecoin from the Centre consortium first pulled ahead in December 2023, with 145 […]

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ForkLog 27 26.04.2024

Stripe to Reintroduce Cryptocurrency Payments After Six-Year Hiatus

Payment service Stripe has announced plans to support transactions in the stablecoin USDC this summer. Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and automatically convert to fiat. Join the waitlist https://t.co/hws2OsU3Id and watch the demo (h/t @Solana) from Sessions. pic.twitter.com/zGKYW2FM6i — John Collison (@collision) April 25, […]

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ForkLog 13 18.04.2024

Binance Converts $1 Billion SAFU Fund to USDC

The cryptocurrency exchange Binance has converted assets from its Secure Asset Fund for Users (SAFU), valued at $1 billion, into the stablecoin USDC. Today, all SAFU assets will be converted to $USDC, bolstering reliability and stability at $1bn. Read more ? https://t.co/Dggl3CdQYU — Binance (@binance) April 18, 2024 The platform established this emergency insurance structure […]

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ForkLog 9 25.03.2024

Binance to End Support for USDC on TRON Blockchain

On April 5, Binance will cease accepting deposits and withdrawals of USDC stablecoins issued on the TRON blockchain. This decision follows a month after the withdrawal of support by the issuer, Circle, for the asset on this network. Company representatives explained at the time that the decision was “the result of a corporate-wide approach that […]

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ForkLog 16 21.02.2024

Circle to Cease USDC Support on TRON Network

Circle has announced a phased discontinuation of support for its dollar-pegged stablecoin USDC on the TRON blockchain. 1/ We are discontinuing USDC on the TRON blockchain in a phased transition. Effective immediately, we will no longer mint USDC on TRON. Transfers and redemptions of USDC on TRON will continue to operate normally through February 2025. […]

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ForkLog 14 07.02.2024

Polish City Launches Stablecoin for Local Businesses

The authorities of Minsk Mazowiecki, a Polish city with a population of 37,500, have introduced a stablecoin called MinsCoin, aimed at local entrepreneurs, on the UrbanChange platform. This was reported by Blockworks. UrbanChange issues stablecoins backed by USDC for use in cities. The developer is Colu Technologies from Israel. The technical solution was made possible […]

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ForkLog 23 30.01.2024

Circle to Launch USDC Stablecoin on Celo Blockchain

Circle has announced the launch of its dollar-pegged stablecoin, USDC, on the Celo blockchain.

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ForkLog 12 16.01.2024

Bitcoin Correction Attributed to ETF Approval Sell-off, Say Analysts

Cumulative Volume Delta (CVD) of digital gold on leading platforms turned negative following news of spot Bitcoin ETF approval, according to Kaiko. Analysts pointed to a “sell the news” scenario. They noted that an hour before the US market opened, net purchases on Binance reached nearly 3000 BTC, but the buyers’ advantage was short-lived. Positive […]

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 20 16.11.2023

Circle to issue USDC on the Sei blockchain

Circle's venture arm—the issuer of the USDC stablecoin—invested in the L1 Sei project. The amount of the investment was not disclosed.

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ForkLog 12 08.11.2023

USDC issuer Circle eyes IPO in 2024

Circle Internet Financial — the issuer of the stablecoin USDC — is considering an initial public offering early in 2024, according to people familiar with the matter cited by Bloomberg.

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ForkLog 19 23.09.2023

Circle renames its stablecoins to USDC and EURC

Circle announced the renaming of its stablecoins USD Coin and Euro Coin to USDC and EURC.

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