Circle CEO Says 70% of USDC Adoption Comes from Outside US
Jeremy Allaire, the Chief Executive Officer (CEO) of Circle, a prominent blockchain company, has projected that a substantial portion, potentially reaching up to 70% of the
Jeremy Allaire, the Chief Executive Officer (CEO) of Circle, a prominent blockchain company, has projected that a substantial portion, potentially reaching up to 70% of the
The stablecoin dominance has hit the lowest level since August 2021 as a result of 16 months of decline. As per the data shared by the
Circle, the second-largest stablecoin issuer, has readjusted its reserve treasuries in hopes of reducing the risk of US debt defaults. According to a newsletter shared by
The New York Federal Reserve has issued new rules for different counterparties hoping to use its money market balancer, creating uncertainty for Circle, the creator of
Early on Saturday, Stablecoin USD Coin (USDC) lost its 1:1 dollar peg and dropped as low as $0.88 after Circle, the stablecoin’s issuer, disclosed that some
The second-largest stablecoin by market value, USD Coin (USDC), lost its dollar peg and fell to an all-time low of $0.88 on Saturday when Circle, the
Mastercard, one of the biggest financial payments providers in the world, has entered into a partnership with Immersve, a Web3 payment protocol, allowing its users to
According to a Monday Bloomberg report, Circle was the cause of ongoing issues that Binance had with American regulators. The firm behind the USD Coin (USDC)
In a recent development, Coinbase has asked its users to switch their USDT to USDC. The conversion fees are entirely waived and USDC is classified as
Circle, the issuing firm behind USD Coin, has announced that it has geared up to offer support for Apple Pay. The main motive behind this initiative
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