USDC

In a surprising turn, asset management giant BlackRock has emerged as a notable player in cryptocurrency and nonfungible tokens (NFTs), acquiring a substantial portfolio worth at least $40,000 in memecoins and NFTs. The revelation came to light after vigilant observers tracked transactions to one of BlackRock’s wallets associated with a new tokenization fund. Data shows a […]

In a significant move, Circle and SBI Holdings have joined forces to introduce USDC and Web3 services in Japan. The agreement, sealed on Nov. 27 through a memorandum of understanding, hinges on SBI Holdings registering as an electronic payment instruments service provider in the country. Circle and SBI Holdings are joining forces to boost $USDC […]

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 […]

Visa, a global leader in payments, has expanded its USD Coin (USDC) settlement capabilities to the high-performance Solana (SOL) blockchain while partnering with merchant acquirers Nuvei and Worldpay, according to a September 5 statement. Certain merchants affiliated with Nuvei and WorldPay can now accept payments in USDC directly rather than traditional fiat currency when clients […]

Solana Pay, a decentralized, peer-to-peer, open-source payments protocol by Solana Labs, has integrated with Shopify, a leading e-commerce platform that offers essential internet infrastructure for business. This strategic integration enables millions of merchants on Shopify’s platform to accept crypto transactions. Built on top of the layer-1 blockchain Solana, Solana Pay was launched in February last […]

MiCA legislation’s transaction limits may hinder stablecoin adoption, creating obstacles for the European Union’s crypto-asset markets. Deploying MiCA with its $216 million cap on stablecoins like USDT and USDC could hinder crypto growth unless modifications are made. This has led to suggestions for a revision of the framework. Many individuals within the crypto industry reacted […]