Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched USDC staking rewards in the self-custody Bitcoin.com Wallet app and on Bitcoin.com’s decentralized exchange Verse DEX. USDC staking rewards are a pivotal step in Bitcoin.com’s mission to empower anyone to participate in DeFi without the complexities traditionally associated with decentralized platforms. Unlocking […]
Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds and high-net-worth individuals avoid significant bank fees by leveraging USDC, which has a market capitalization […]
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $ 250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $ 250M in USDC from Coinbase Prime, bringing their …
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange. […]
Over the past week, the stablecoin market has expanded by $ 1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, …