Search results for: usdc

The wins of XRP and some losses that Circle had to take earlier in the year contributed to the replacement. Who else got on the list?

Circle has launched the native version of its USDC stablecoin on Polygon as it attempts to shore up the coin’s dwindling market share.

Polygon will integrate USDC, offered by Circle, on 10 October. Ahead of that, MATIC’s daily chart turned bullish. 

In a bid to increase its market share, Circle has announced the launch of USDC on Polkadot.

Circle’s USDC stablecoin has expanded to Layer 2 networks Optimism and Base. With 4 more blockchain expansions to come, Circle seeks to increase USDC’s declining market share.

Base’s imminent embrace of native USDC could herald a transformative phase, with CEO Jeremy Allaire’s revelation sparking curiosity about its impact on stability and liquidity.

USDC is expected to roll out on 6 new blockchains on which it will be available natively. This growth could trigger a pivot in USDC’s market and more importantly, the level of utility.

The partnership between Coinbase and Circle navigates stablecoin dynamics and regulatory changes, with the latter taking full control of USDC issuance and governance.

USDC’s ascent falters as market cap dwindles; SVB’s stumble deepens troubles. Meanwhile, Tether’s rise accentuates the divide, reshaping the stablecoin landscape.

Regulatory issues may have played a key role in determining which side whales and institutions would sway in the USDT vs. USDC battle for dominance. As such, USDC wins in terms of transaction volume. But there’s more to this than just volume.

The continuing negativity coupled with growing competition could make it just a bit difficult for USDC to turn things around.

The new vaults allow for unprecedented utilization of Avalanche’s BTC.B in DeFi applications  In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored interest rate products linked to digital assets, is thrilled to announce the launch of the BTC.B-USDC Vaults. The tranche-based BTC.B-USDCContinue reading “Struct Finance transforms DeFi on Avalanche with BTC.B-USDC Vaults”