USDT and USDC in BIS Crosshairs – Crypto Community on High Alert
TL;DR BIS Targets Stablecoins: The Bank for International Settlements (BIS) has issued amendments to its crypto asset standards, focusing on stablecoins like USDT and USDC. Regulatory
USDC (Latest Publications)
Coinbase and Stripe Unite to Bring Base to Millions, Adding USDC Support
TL;DR Strategic Partnership: Coinbase and Stripe join forces to enhance digital asset adoption. The focus is on integrating the USDC stablecoin into Coinbase’s Layer-2 Platform Base
Stablecoin Market Cap Hits Highest Level Since April 2022: USDe Leads the Surge
TL;DR The stablecoin market reached a capitalization of $161 billion in May, the highest level in 24 months, although its dominance fell to 6.07% from 7%
USDC Stablecoin Issuer Circle Moves Legal Base to US in Strategic Shift Ahead of IPO
TL;DR Circle Internet Financial Ltd. is relocating its legal headquarters from Ireland to the United States in preparation for its upcoming initial public offering (IPO). The
Stripe Returns to Cryptocurrency: Embracing USDC Payments on Multiple Blockchains
TL;DR Stripe reintegrates crypto services after six years of inactivity, starting with USDC across multiple blockchains. The company aims to provide flexibility in payment methods and
Stablecoins Surge: Record 93.6 Million Addresses Hold Dollar and Crypto-Pegged Assets
TL;DR The number of addresses holding and using stablecoins has significantly increased this year, reaching a record high of over 93.6 million. Tether (USDT) leads the
Whales and Institutional Investors Continue Accumulating Stablecoins and Already Control a Large Part of the Market
TL;DR Whales accumulate 5.09% of the total supply of stablecoins in the last three weeks, according to Santiment data. The combined market capitalization of the top
Solana Expands Interoperability with Circle’s CCTP, Facilitating USDC Swaps Across Blockchains
TL;DR Solana’s Integration with Circle’s CCTP: Solana has integrated Circle’s Cross-Chain Transfer Protocol (CCTP) on its mainnet, enabling seamless USD Coin (USDC) transfer across eight blockchains.
Binance Takes a Stand: USDC Support on Tron Discontinued, Deadline Set
TL;DR Binance ceases support for deposits and withdrawals of USDC on the Tron network (TRC20), following a similar decision by Circle. Circle argues that the measure
Stablecoin Market Surges: Reaches $147 Billion in March, Highest Since 2022
TL;DR The CCData report highlights explosive growth in the stablecoin market, with Tether (USDT) market capitalization surpassing $100 billion. Stablecoins are digital assets designed to maintain
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