USDC – Ƀitsell X

Paxos Launches New Stablecoin Payments Platform With Stripe as First Customer

October 16, 2024

Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. This innovative solution powers Stripe’s Pay with Crypto product, enabling merchants to seamlessly accept stablecoin payments. By leveraging Paxos’ comprehensive infrastructure for onboarding, pay-ins, conversions, and payouts, businesses can reduce costs and expand their international reach…
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Circle Brings USDC to Sui: What This Means for Bridged Tokens

October 11, 2024

Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This launch supports Circle’s multi-chain approach, utilizing Sui’s features for fast, secure, and scalable applications. USDC Goes Native on Sui Chain Circle explained that the native integration of USDC on Sui enables developers to…
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Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD

October 8, 2024

Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared…
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Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership

October 2, 2024

Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds and high-net-worth individuals avoid significant bank fees by leveraging USDC, which has a market capitalization…
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Robinhood Crypto Launches Crypto Transfers for European Users

October 2, 2024

Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers…
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Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

September 26, 2024

Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular applications in the future, investors are struggling…
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Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

September 24, 2024

Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing their onchain holdings up to…
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Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel Rewards

September 22, 2024

Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to enhance the crypto travel experience and incentivize users with up to 10% of booking value back in SOL. Travala Integrates Solana for…
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Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

September 21, 2024

In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than…
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BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges

September 18, 2024

BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported. Key partnerships with exchanges like Binance,…
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Category: USDC