
Circle Launches Native USDC On SUI
The move comes as USDC has lost 5% of its market capitalization in the last month.
The move comes as USDC has lost 5% of its market capitalization in the last month.
Sui received a major boost after stablecoin issuer Circle announced support for native USDC on the layer-1 blockchain platform’s mainnet. Circle announced native USDC (USDC) was live on Sui (SUI) on Oct. 8. Also notable for Sui on the day…
[PRESS RELEASE – Grand Cayman, Cayman Islands, October 1st, 2024] The Move-based protocol becomes the 8th largest blockchain by Total Value Locked amid USDC integration and thriving developer ecosystem Sui, the Layer 1 blockchain offering industry-le
Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of money into
Louisiana has implemented a new option for residents to make payments to state agencies using Bitcoin and Circle’s stablecoin USDC, according to a Sept. 18 press release. The Louisiana Department of Wildlife and Fisheries will be the first agency to
With more than $150 billion in assets such as Tether’s USDT, Circle’s USDC, and others like fiat-pegged tokens, stablecoins are already a huge part of the crypto market and Revolut decided to take the piece of the pie. Still growing in use, and now R
Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil. In a new blog post, the payments platform says that it will now be offering local bank transfers via PIX and SPEI – the respective nati
Two Former Coinbase employees, Vishal Gupta and Patrick McCreary, have launched a stablecoin-focused exchange named TrueX. The platform has adopted PayPal’s PYUSD for its operations ahead of the USDC stablecoin, which Gupta helped launch while workin
Circle has expanded its stablecoin operations in Latin America to include Brazil and Mexico. In a company statement, stablecoin operator Circle revealed that its (USDC) token can now be used to settle payments in Brazil and Mexico. The feature suppor
The USDC Treasury minted 50 million coins, indicating heightened market activity. The swift transfer to Coinbase suggests increasing demand for dollar-backed assets. Continue Reading:Significant Transfer of USDC Signals Growing Demand in the Crypto M
TLDR: Sui to launch native USDC and Cross-Chain Transfer Protocol (CCTP) First Move-based blockchain to support these protocols USDC is the largest regulated dollar-backed stablecoin ($35B market cap) Integration enhances Sui’s utility, security, and
Circle CEO Jeremy Allaire announced that USDC is coming to the Sui network. USDC will debut on SUI’s testnet first. Circle’s latest announcement comes just ...
TLDR: Circle and Sony Block Solutions Labs announce collaboration on Soneium blockchain Bridged USDC to be integrated as a primary token on Soneium Soneium is a new Ethereum layer 2 blockchain launched by Sony in August 2024 The collaboration aims to
The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain.
USDC issuer Circle is facing serious accusations after blockchain sleuth ZachXBT called out the company for allegedly ‘profiting’ from transactions linked to the North Korean hacker group Lazarus. ZachXBT, known for his investigative work in the Web3
Coinspeaker Ethereum Foundation Stuns Market with New 450 ETH Transaction The Buterin-linked wallet has transferred 760 ETH in exchange for 1.835 million USDC at an average price of $2,414 per ETH. Ethereum Foundation Stuns Market with New 450 ETH Tr
Binance's fixed rate loans in stablecoins could enhance financial predictability and stability for users, potentially increasing platform trust and usage. The post Binance to launch fixed rate loans in USDC and FSUSD stablecoins appeared first on Cry
1inch team has spent 1.75M $USDC to acquire 7.96M $1INCH tokens at a price of $0.22, according to Lookonchain.
TL;DR Milestone Achievement: PayPal’s stablecoin, PYUSD, surpassed $1 billion in market capitalization, driven by its expansion to the Solana blockchain. DeFi Incentives: Attractive yield incentives on Solana-based DeFi protocols have significantly b
Solana is facing key levels as USDC minting fueled market speculation on the charts.