USDC


Markets

Interactive Brokers accepts USDC deposits; Ripple's RLUSD coming soon

Eligible Interactive Brokers LLC clients can now deposit USDC around the clock, with funds converted to dollars and credited to brokerage accounts within minutes.

Trade, laptop. (TheInvestorPost/Pixabay)

Markets

Circle's USDC outpaces growth of Tether's USDT for second year running

USDC grew faster than USDT for the second consecutive year, driven by increased demand for regulated digital dollars.

Circle logo on a screen

Web3

Circle platform promising tokenized gold, silver swaps is 'fake,' company says

The release, distributed on Christmas Eve, used Circle branding and claimed to quote executives, but a Circle spokesperson said it was "not real."

Circle logo on a building

Finance

Visa brings Circle's USDC settlement to U.S. banks following $3.5 billion stablecoin pilot

Initial participants include Cross River Bank and Lead Bank, which are settling with Visa in USDC over the Solana blockchain.

Stylized network of light focii covering Earth (geralt/Pixabay)

Markets

Investors Should Buy the Dip in Coinbase and Circle, Says William Blair

The latest crypto slide has created an attractive entry point for the two companies' stocks, with core USDC and bitcoin theses still intact.

Coinbase (appshunter.io/Unsplash/Modified by CoinDesk)

Tech

World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits

The feature issues unique virtual account numbers, allowing users to receive direct deposits, like payroll payments, straight into the World App.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)

Finance

Circle Unveils StableFX to Power Onchain Currency Trading on Upcoming Arc Blockchain

The USDC issuer's new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Visa Tests Stablecoin Payouts to Speed Payments for Creators, Gig Workers

New Visa Direct pilot lets businesses send dollar-backed stablecoins like USDC to users’ digital wallets for near-instant access to earnings.

A Visa card being held to next to a payment terminal. (CardMapr.nl/Unsplash)

Markets

Coinbase Ends Acquisition Talks for U.K.-Based BVNK: Fortune

The negotiations, which began earlier this year and progressed to an exclusivity agreement in October, were expected to value BVNK between $1.5 billion and $2.5 billion.

Coinbase CEO Brian Armstrong at the White House

Tech

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

2021 Photo of Circle CEO Jeremy Allaire