USDC

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."

Aug 12, 2024

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.

Jul 16, 2024

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."

Apr 12, 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the rally in bitcoin (BTC) and ether (ETH) continues. Plus, insights on the increasing liquidity of Circle's USDC stablecoin.

Feb 27, 2024

USDC issuer Circle Internet Financial said Tuesday it is curbing service for individual accounts to mint stablecoins. "Circle is phasing out support for legacy consumer accounts and has notified individual consumers of this decision," a Circle spokesperson told CoinDesk in an email. "Account closures do not apply to business or institutional Circle Mint accounts."

Nov 1, 2023

Lisa Nestor, Chief Strategy Officer at Airtm, a digital dollar wallet and payment infrastructure, joins us in the studio to discuss how they’re enabling entrepreneurs and enterprises to easily earn, send and receive digital dollar payments. She explains Airtm’s use of the Stellar network and USDC to offer users worldwide access to digital dollars and her prediction for adoption of crypto-enabled financial services.

Oct 23, 2023

Parity Technologies CFO Fahmi Syed discusses Circle launching the native version of USDC in the Polkadot ecosystem of parachains. EDITOR'S NOTE: Syed also responds to questions over Polkadot's developer metrics. The GitHub data cited in the interview refers to people actually contributing to the Polkadot repository itself. However, according to Santiment data, when tracking all projects built on Polkadot, it has the second-highest developer count after Ethereum.

Sep 20, 2023

Shopify customers can now pay in stablecoin USD Coin (USDC) via an integration with Solana Pay, the payment protocol on the Solana blockchain. Solana Foundation head of strategy Austin Federa discusses the partnership and USDC's benefits for merchants. Plus, what the future holds for crypto payment adoption and real-world use cases of the Solana ecosystem.

Aug 25, 2023

Cryptocurrency exchange Coinbase (COIN) is getting a minority stake in Circle Internet Financial and the stablecoin issuer is bringing issuance and governance of USDC completely in-house as the companies dissolve their Centre Consortium partnership. "The Hash" panel weighs in on Coinbase's recent moves in the crypto industry amid recent U.S. regulatory pressure.

Aug 22, 2023

Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the investors who fled USDC switched to Tether's USDT stablecoin, driving the token to reach its largest market share in 22 months. "The Hash" panel weighs in on these developments.

Mar 30, 2023