[ad_1] Circle, a leading digital currency company, has launched new version of the USDC stablecoin on the Arbitrum network. The new USDC native version is set to replace the Ethereum-bridged version of…
Category: Circle
Tether’s (USDT) Market Cap Sees 17% YTD Surge Amidst Banking Crisis
[ad_1] The banking sector is potentially undergoing a much-needed overhaul, but until then, investors appear to be scrambling for a safety net. As the traditional financial world was rocked by the Credit…
Circle sidesteps SWIFT after bank collapses, turns to Gibraltar’s Xapo Bank
[ad_1] “By adding outrails to their existing USDC onramp, Xapo Bank allows members to bypass costly and time-consuming SWIFT payments and instead deposit and withdraw via stablecoins without the fees charged by…
USDC Issuer Circle Applies For Regulatory Approval in France
[ad_1] 24 seconds ago | 2 minutes of reading Altcoins News Circle hopes to be the first and only company to obtain full approval from AMF. Companies have applied to become EMI…
Circle Pushes for Fed USDC Support Following SVB Collapse
[ad_1] Circle has called for regulation and full backup support from him USDC stablecoins after the Silicon Valley Bank collapse. Circle’s proposed model will give retail stablecoins access to risk-free cash, potentially…
Coinbase Offered a $3 Billion Credit to Circle Amid the SVB Turmoil (Report)
[ad_1] US-based cryptocurrency exchange Coinbase is reportedly offering Circle a $3 billion line of credit to help it repair its financial gaps following the collapse of Silicon Valley Bank. The stablecoin issuer…
MakerDAO’s emergency proposal triggers 26% MKR price plunge
[ad_1] Maker token (MKR) fell 26% in value in a week after news of an emergency proposal to address the DeFi protocol’s $3.1 billion USDC exposure, raising concerns among investors and stakeholders….
Coinbase Offered $3B Credit Line To Circle For Repegging USDC
[ad_1] Crypto News: As more and more information about the tragic weekend at the USDC depeg continues to emerge, the most recent development after the Silicon Valley Bank fiasco was the introduction…