USDC


Finance

Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances

The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.

Stellar Development Foundation CEO Denelle Dixon

Finance

Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges

CEO Steve Ehrlich says this quarter's revenue is on track to double what the company produced in all of its last fiscal year.

Voyager Digital CEO Steve Ehrlich

Finance

Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account

Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.

Matt Liu, co-founder; Tom Linton, OUSD head engineer; and Josh Fraser, co-founder

Finance

Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June

Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).

Dapper Labs CEO Roham Gharegozlou

Tech

'Gasless' Technical Update Brings USDC One Step Closer to Venmo

Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.

Jeremy Allaire, CEO of Circle

Markets

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins

So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

Schematic of Aug. 10 stablecoin arbitrage trade using DeFi.  (Etherscan, CoinDesk)

Markets

Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending Rates Skyrocket

Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.

CoinDesk 20 Bitcoin Price Index

Markets

BCB Group Teams With Circle to Offer EU Institutions USDC Stablecoin Settlement

BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.

Jeremy Allaire, Circle (CoinDesk archives)

Finance

Circle Gets $25M From DCG to Drive USDC Mainstream

USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.

Circle founder and CEO Jeremy Allaire

Markets

Circle Confirms Freezing $100K in USDC at Law Enforcement's Request

CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.

Circle founder and CEO Jeremy Allaire