USDC, ETH whale interest, and what this means for stablecoins
According to WhaleStats, Circle's USDC stablecoin was among the top 5,000 ETH whales' most purchased tokens. But what are the potential implications of these observations,...
Outside of exchange spikes, USDC, USDT, and BUSD supply has increased, but is this a good sign?
No calendar year in recent memory has been more difficult for the cryptocurrency business than this one. The Terra disaster in 2022 had far-reaching consequences...
How these plans may contribute to USDC’s near-term growth
Circle's (the issuer of the stablecoin USDC) cross-chain transfer protocol will go live on Ethereum and Avalanche by the end of this year, according to...
USDC market cap has dropped significantly- everything you need to know
Circle's USDC stablecoin's market valuation has plummeted since the Tornado Cash incident. The market capitalisation of USD Coin (USDC) has dropped by nearly 20%, from...
What does the future hold for Maker as the USDC poll nears its conclusion?
As of October 22, the MakerDAO community is nearing the end of its governance vote on Coinbase's investment proposal. Recall that on September 7, Coinbase...
This country purchases more USDC than the rest of the world combined.
Coinbase, the largest crypto exchange in the United States, has released a report that delves into the adoption of USD Coin (USDC), Circle's stablecoin. Americans...
After USDT, BUSD and DAI make notable comebacks, but USDC…
In the crypto world, one move can make or break a position. Stablecoins are what we are referring to implicitly. The battle, or rather the...
What the decline in USDC’s dominance on Ethereum means for the stablecoin
According to a new Messari report, USDC is losing ground in the stablecoin market. The BUSD, on the other hand, was experiencing some growth. With...
USDC’s lead over USDT may do little or nothing for the stablecoin because…
USDC and USDT — two renowned stablecoins backed by the fiat currency, USD witnessed quite a few tussles over the years to stand at the...
This USDC metric is brand new, and here’s what it tells you.
Circle [USDC] announced the addition of a number of chains to its network. The financial technology company announced the addition of five blockchains to the...
USDC to be welcomed by five new blockchain ecosystems
Circle Internet Financial, the fintech firm behind USD Coin (USDC) announced that it will expand the circulation of USDC to five additional blockchain ecosystems. The...
Examining USDC’s declining utility following the Tornado Cash debacle
'How the tables have turned' is one of the most commonly used phrases in the 'niche' but still developing world of cryptocurrencies. USD Circle [USDC]...
HODLing USDC? Examine these metrics to keep tension at bay
Stablecoins like Circle [USDC], Tether [USDT], and Binance USD [BUSD] provide an opportunity for investors to stay in minimal losses. For some, these dollar-pegged cryptocurrencies...
USDC, USDT, BUSD caught in the midst of tornado- Here’s how
The invention of Bitcoin [BTC] in 2008 led to the idea of decentralization which became the mantra of the entire crypto ecosystem. However, it was...
Circle claims that the USDC stablecoin is now fully backed by cash and US Treasury bonds.
Circle, the payments business behind the USDC stablecoin, has published a detailed asset breakdown of the reserves that underpin its expanding dollar-pegged token. While unaudited,...
Will the USDC fail? determining whether these accusations are credible
Since the Terra UST stablecoin meltdown, a few weeks have passed. The incident appears to have raised greater concerns regarding stablecoins, and USDC has come...
In loan: Voyager, 3AC, BTC, USDC; default- Everything unexpected
Many cryptocurrency-based businesses have suffered the consequences of a crypto collapse, which saw LUNA fall to zero. Surprisingly, Three Arrows Capital (3AC), the troubled cryptocurrency...
USDC vs. USDT – Is this stablecoin reaching the end of its ‘Circle’?
The stablecoin market, like the rest of the cryptocurrency ecosystem, is constantly evolving. Things changed quickly, particularly once TerraUSD [UST] entered the scene only to...
USDC and USDT: The Changing Stablecoin Demography
The depegging and subsequent collapse of TerraUSD sent shockwaves across the crypto market, and as a result, other major stablecoins like as Tether (USDT), USD...
Here’s what USDC is doing well to retain stability in the face of Terra’s breakdown.
Only a week ago, the stablecoin economy was on the verge of exceeding the $200 billion barrier. But Terra's recent demise changed everything. At press...
Gensler goes for the USDT, USDC, and BUSD, while Do Kwon uses his ‘razor focus to deliver.’
SEC Chair Gary Gensler of the United States chastised stablecoins and digital asset exchanges for trading against their consumers. This criticism comes at a bad...
USDC reaches a new monthly high in terms of supply in smart contracts as a result of…
Circle Inc's USD Coin (USDC) is the second-largest stablecoin by market capitalisation. Over the years, it has reached significant milestones. In fact, the USDC market...
Tether is flipped on the Ethereum network by USDC.
For the first time, the total supply of USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum. Circle's USD...
Circle and Endaoment are teaming up to build a USDC-based disaster relief fund for towns hit by tornadoes.
Yet another stablecoin altruism effort created by Circle throughout the previous year. Circle, the company that created the USDC stablecoin, announced a partnership with public...
The launch of the stablecoin USDC on Avalanche has an impact on the price of AVAX.
During 2021, the price of Avalanche increased by over 3000 percent. In fact, Avalanche experienced a 130 percent increase from $62 to the ATH of...
USDC and other stablecoins will skyrocket in 2022.
Aside from regulating cryptocurrencies, another aspect of this business, stablecoins, was gaining traction. However, the cautionary warning tag has spread from crypto to stablecoins as...
USDC, Tether – Is Gensler’s analogy of stablecoins to poker chips correct?
“Right now, stablecoins are behaving almost like poker chips in a casino... We have a lot of casinos here in the Wild West, and the...
What exactly is USDC?
Explanation USD Coin (USDC) is a stablecoin that runs on the Ethereum network and can be traded for one US dollar. Its aim is to...