In a press release on March 25, crypto exchange Binance announced its decision to end support for deposits and withdrawals of USD Coin (USDC) — a prominent dollar-pegged stablecoin — through the Tron (TRC20) network. As of April 5, at 02:00 AM (UTC), users will no longer be able to process USDC transactions utilizing the […]
Tether, the issuer of the popular stablecoin USDT, has refrained from confirming or denying whether it plans to discontinue support for the Tron network, following a similar move by its competitor Circle. On Tuesday, Feb. 20, Circle announced that it would halt the minting of its stablecoin, USD Coin (USDC), on the Tron blockchain. Tether’s […]
Circle USD-pegged stablecoin, USDC, will be launching natively on the Celo blockchain, as announced by the Celo Foundation. Integrating USDC minting directly on the Celo blockchain will expand the use cases for real-world assets on the network. It will also enhance the convertibility of USDC into fiat currencies. 1/ Native $USDC is coming to @Celo! […]
Circle rolled out a fresh norm that enables creators to kick off an uncertified bridged variant of USDC. This can eventually turn into an official, recognized version. Circle had launched an updated standard in a new bid to simplify bringing its stablecoin, USDC, and board new networks. A blog post shared this information on November […]
A press release published on Sept. 20 revealed that Wormhole, a prominent blockchain bridge platform, has incorporated Circle’s Cross-Chain Transfer Protocol (CCTP). This groundbreaking development will allow seamless transfers of USD Coin (USDC) across multiple blockchains, including Avalanche, Arbitrum, Ethereum, and Optimism. This feature is currently available for end-users via the Portal bridge. While developers […]