USDC


Finance

Crypto Exchange Coinbase Asks Users to Switch USDT for USDC

Coinbase highlights questions about Tether reserves in campaign to get users over to USDC

(Robert Nickelsberg/Getty Images)

Videos

Stablecoin Issuer Circle Scraps Plan to Go Public

Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to go public. The stablecoin issuer had announced plans to go public in July 2021, with a valuation of $4.5 billion. The valuation was later doubled when the firms amended their terms in February. "The Hash" panel discusses what this means for the future of mainstream stablecoin adoption as crypto contagion continues to spread.

Recent Videos

Videos

MakerDAO Founder on Community Rejecting CoinShares’ Proposal

MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to invest in bonds with the crypto investment firm.

Recent Videos

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Videos

MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds

The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance. Plus, details on the community’s voting on increasing DAI stablecoin rewards.

Recent Videos

Markets

Confusion Abounds As Binance and OKX Suspend Support for USDC, USDT on Solana, Then Backpedal

Binance subsequently resumed deposits for Tether's USDT on Solana, while OKX reworded an original statement saying it delisted the tokens.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)

Finance

USDC Stablecoin Issuer Circle Says Businesses Can Accept Apple Pay

The addition will help crypto businesses by making it easier to take payments, the company said.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

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Markets

Tether Dominates Curve's 3pool Liquidity With DAI, USDC Accounting for Just 15%

Tether accounts for 85% of the total liquidity in Curve's 3pool. While the stablecoin is seeing some volatility, the price remains firmly near the 1:1 U.S. dollar peg,

Curve's 3pool shows investor preference for USDC, DAI over tether. (Curve.fi)

Finance

Crypto.com Halts Solana USDC and USDT Deposits, Withdrawals

The crypto trading platform cited “recent industry events” in an email to users announcing the suspension.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)