
The FED Payment Rail Goal of Circle Could Suffer Amid NY FED’s Policy Change
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
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
Coinbase has announced commission-free trading for those users who purchase USDC using non-USD fiat currency. It will do so to increase the overall usage of USC
The largest cryptocurrency exchange in the world, Binance has announced that it will auto-convert USDC, USDP, and TUSD to Binance USD. The exchange will convert the
Leading stablecoins, Tether (USDT) and USD Coin (USDC) have announced their support for the highly anticipated Ethereum’s changeover to Proof-of-Stake (PoS) consensus in its upcoming upgrade,
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