USDC
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale.
USDT and USDC Combined Supply Grew $3B Amid Crypto Market Rebound
The supply of the two top stablecoins, USDT and USDC grew nearly $3 billion in a week, a sign that investors rushed to buy crypto at lower prices after the market tumble last Monday. According to data from Lookonchain, 1.3 billion USDT was transferred to exchanges in the days after the market crash on August 5th. USDC’s market cap also grew some 1.6 billion this week, the highest since March last year. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Tether's USDT and Circle's USDC Combined Supply Grew $3B Amid Crypto Market Rebound
Stablecoins serve a key role in the crypto space and their expanding supply is usually a sign of health of the broader market.
Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system.
How On-Chain Consumer Products Represent an Industry Shift
Base creator Jesse Pollak weighs in on the crypto industry's shift from building mostly financial products to real-world use cases on the blockchain. Plus, the significance of stablecoins like USDC and EURC when it comes to improving payment systems.
Stripe Brings Back Crypto Payments Via USDC Stablecoin
The payments firm stopped taking crypto payments in 2018 due to bitcoin’s high volatility.
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
The co-author of the U.S. Senate's latest push for stablecoin regulations suggests Circle would have an edge over foreign competitors for customers seeking safety.
Would You Get Paid in Crypto?
A recent crypto compensation report from Dragonfly surveyed 49 portfolio companies in 2023, and found that most crypto companies are paying employees in fiat over crypto. Nevertheless, U.S.-based companies were more likely to pay international contractors in crypto like USDC. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.
Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
