USDC


Finance

Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain

The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.

Circle's logo on a building (Sandali Handagama/ CoinDesk)

Finance

Circle Has USDC Revenue Sharing Deal With Second-Largest Crypto Exchange ByBit: Sources

Assume any exchange that has some material amount of USDC has an agreement with Circle, said one person familiar with the situation.

(Sandali Handagama/ CoinDesk)

Markets

Coinbase Is Driving Adoption of Circle's USDC for Payments, Financial Services: Bernstein

The crypto exchange is becoming one of USDC's most active advocates across payments and financial services, Bernstein said.

Stablecoins to Watch: USDC Could Expand to 10 More Blockchains

Finance

Circle Applies for National Trust Bank Charter

A federal trust charter would bring Circle under direct federal bank regulator oversight, aligning it with how traditional financial institutions are overseen.

(Sandali Handagama/ CoinDesk)

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Finance

Anchorage to Phase Out USDC, Agora USD Citing Risks, Stirring Fierce Backlash

The crypto custodian rated USDC and AUSD poorly for regulatory oversight and reserve management, while executives from VanEck, Coinbase and others questioned the ranking.

(Sandali Handagama/ CoinDesk)

Markets

Stablecoins Are the ‘Quiet Winners’ of Polymarket’s Surge: Coinbase Research

Polymarket’s growth fuels USDC demand, with stablecoins driving high-velocity settlement activity.

Shayne Coplan, CEO, Polymarket, speaks at Consensus 2024. (Shutterstock/CoinDesk).

Markets

Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight

PLUS: Bakkt is entering the BTC Treasury market with a $1 billion BTC purchase.

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

Finance

Taurus Releases Open Source Privacy Tech for Stablecoins, Starts With Circle's USDC

Taurus’s stablecoin privacy layer uses zero-knowledge proofs and was built atop the Aztec Network.

Close-up of horns on a black bull against a dark background. (Coindesk archives)

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Tech

Rain, Toku Debut Stablecoin Payrolls for Workers in Over 100 Countries

The new offering embeds into popular payroll platforms and allows employers to pay workers in USDC, RLUSD and USDG globally.

Payrolls (Shutterstock)

Markets

Circle Drops 15%, Stock Frenzy Cools as BIS Warns of Stablecoin Risks

The decline coincided with a BIS report casting doubts about stablecoins' future role in global finance.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)