Browsing: USDC

Bank of America is exploring the use of stablecoins to enhance its payment infrastructure, signaling a significant shift towards blockchain technology in traditional banking.

Arcadia Finance suffers a $2.5M exploit, with stolen funds converted to WETH, highlighting DeFi security challenges.

OKX enhances its stablecoin offerings by joining Paxos’ USDG Network, aiming to boost the adoption of regulated US dollar-backed stablecoins among its global users.

Ripple’s RLUSD stablecoin experiences a 20% surge in trading volume after Swiss bank AMINA becomes the first regulated bank to integrate it, signaling a new era for blockchain in traditional banking.

Ant Group is integrating USDC into its blockchain network, enhancing its $1 trillion payments platform for over 1.6 billion users, marking a significant step in cryptocurrency adoption.

Hayden Davis, creator of the LIBRA token, seeks dismissal of a New York lawsuit citing lack of jurisdiction, amidst allegations of misleading investors and significant token volatility.

Ant Group, backed by Jack Ma, is considering integrating the USDC stablecoin into its blockchain platform, AntChain, marking a significant move in the adoption of digital currencies for financial services.

Coinbase collaborates with Copper to provide institutional clients with off-exchange settlement services, addressing the demand for secure and efficient crypto trading solutions.

Bybit confirms the Pump.fun PUMP token sale, excluding European users due to MiCA regulations, marking a significant moment in the intersection of crypto innovation and regulatory compliance.

Circle and OKX partner to enable zero-fee conversions between USDC and USD, enhancing liquidity and simplifying transactions for users worldwide.

Projective Finance introduces a $7 million blockchain-based lending pool for solar energy projects in Illinois, marking a significant advancement in renewable energy financing.

Ripple Labs applies for a U.S. trust charter, aiming to revolutionize its stablecoin strategy through regulatory compliance and transparency.

Bybit’s report highlights Coinbase’s exceptional performance, driven by regulatory tailwinds and strategic innovations, positioning it as a leader in the blockchain infrastructure space.

Tether’s USDT is closing the gap with USDC on BitPay, signaling a shift in stablecoin preferences among users and merchants by 2025.

Ripple Labs applies for a US banking license, marking a pivotal step towards regulatory compliance and integration with traditional finance.

Figma’s IPO filing reveals a $69.5 million investment in Bitcoin ETFs and plans for further cryptocurrency acquisitions, highlighting a growing corporate trend towards digital assets.

Circle applies to establish a national trust bank in the U.S. to manage USDC reserves, marking a significant step towards regulatory compliance and enhancing its competitive edge in the stablecoin market.

The FATF’s recent warning on stablecoin-related crimes emphasizes regulation over opposition, aiming to enhance the crypto industry’s credibility through better monitoring and international collaboration.

Circle seeks to establish a federally regulated trust bank to oversee its USDC stablecoin reserve, marking a pivotal step in aligning with US financial regulations.

JPMorgan Chase has issued an underweight rating for Circle (CRCL), setting a $80 price target by late 2026, citing competitive and regulatory challenges in the stablecoin market.