2023-4-26 11:28 |
The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months following a regulatory crackdown and banking crisis. origin »
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USDC's market cap dropped to 18-month lows as depeg impact extended. The demand for the stablecoin saw some recovery fueled by demand in smart contracts. Circle [USDC] experienced robust outThe post Though USDC regains market confidence, this area still concerns investors appeared first on AMBCrypto.
2023-4-3 01:30 | |
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USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their assets from the stablecoin despite assurances from issuer Circle about its reserves.
2023-4-2 16:02 | |
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Addresses with large USDT holdings are moving their assets off exchanges. Tether’s market cap dominated Circle, but earlier high sentiment has reduced. Over the weekend, stablecoins becameThe post Tether [USDT] exchange supply dwindles as whales... appeared first on AMBCrypto.
2023-3-15 16:30 | |
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The USDC stablecoin lost its $1 peg after its issuer Circle said it has $3.3 billion stuck in the embattled Silicon Valley Bank. The post USDC Market Cap Sheds $6B as Circle Reveals $3.3B Exposure to Silicon Valley Bank appeared first on BeInCrypto.
2023-3-11 12:12 | |
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USDC's market cap fell from $43.56 billion to $38.9 billion, a drop of over 11%. As per Nansen, Circle burned $2.34 billion worth of USDC in the last 24 hours. USD Coin [USDC], lost its dollThe post Silicon Valley Bank leaves USDC bleeding- Will it impact Stablecoin market? appeared first on AMBCrypto.
2023-3-11 10:24 | |
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Key Takeaways Circle issues the USDC stablecoin, the world’s fifth largest cryptocurrency with a market cap of $44 billion Circle announced plans to go public in July 2021 at $4.5 billion valuation This valuation doubled to $9 billion last February, but deal was cancelled in December Crypto needs more public companies to establish legitimacy, our […] The post Crypto needs more public companies – collapse of Circle IPO indicative of industry troubles appeared first on CoinJournal.
2023-1-26 14:42 | |
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Since the Tornado Cash affair, Circle's USDC stablecoin's market valuation has fallen precipitously. The market capitalization of USD Coin (USDC), which fell from $53. 3 billion to just under $43.
2022-10-26 16:00 | |
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USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash.
2022-10-10 12:43 | |
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The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022.
2022-7-5 14:10 | |
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Terra’s UST is now the third-largest stablecoin by market cap behind that of Tether’s USDT and Circle’s USDC despite the fact that its trading volume pales significantly against that of Binance USD (BUSD), according to data from CoinGecko.
2022-4-19 00:00 | |
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It’s safe to say that DeFi is booming lately – and Terra’s stablecoin UST has swiftly emerged as a powerhouse player in DeFi, swimming among of sea of centralized tokens such as Tether’s USDT and Circle’s USDC.
2021-12-28 03:13 | |
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On Monday, Jeremey Allaire, the co-founder and CEO of Circle, announced his intentions of becoming a global digital currency bank to enable frictionless, instant, and nearly free payments. Launched three years ago, Circle is the issuer of the fast-growing stablecoin USDC, which has a market cap of nearly $27.
2021-8-10 18:58 | |
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With a market cap of nearly $26. 9 billion, USDC is the second-largest stablecoin capturing 23. 57% of the stablecoin market share, up from 9. 15% a year back. This year alone, USDC in circulation has grown by over 2,600%.
2021-7-21 20:55 | |
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Ethereum seems to have been leading the crypto market in terms of price performance. The second cryptocurrency by market cap has several potential catalysts that could add more bullish momentum. With time, the list has continued to expand.
2021-7-8 18:52 | |
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Data from market monitor Skew has shown that the market capitalization for USDC has significantly risen by 100%. Results also reflected a steady ascent since the beginning of August 2020. However, this steady growth accelerated at the beginning of 2021.
2021-2-2 19:50 | |
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Ever since 2017, Tether (USDT) has been the biggest and most dominant stablecoin in the crypto industry. It even managed to climb to the position of the third-largest cryptocurrency by market cap.
2021-2-1 16:31 | |
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USDC has increased its overall market cap by almost seven times from $469 million to over $3. 27 billion in 2020. In addition, USDC is also seeing aggressive week over week growth. Circle co-founder and CEO Jeremy Allaire recently stated on Twitter: “Just a week ago we shared that USDC had crossed 3 billion in circulation.
2020-12-15 17:52 | |
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Over the past eight months, the market cap of USDC has surged a whopping 560%. Before the violent sell-off at the beginning of March, this stablecoin was a mere $445 million, which is ready to hit $3 billion, as per CoinGecko.
2020-11-7 19:28 | |
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In a blog post this Wednesday, Coinbase Ventures, the investment arm of Coinbase, issued a ‘Request For Startups’ funding pool to pull developers to build USDC-backed projects. According to the statement, Coinbase is celebrating the latest milestone by USDC, a stablecoin built by Center, a collaboration between Coinbase and payments provider, Circle.
2020-9-17 17:30 | |
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Stablecoins like Circle’s USD Coin saw an all-time high market cap as the rest of the cryptocurrency market experienced a major downturn
2020-3-25 08:51 | |
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USDC seems to be the only stablecoin to stabilized on a significantly higher market cap after the recent Bitcoin price downturn
2020-3-15 20:02 | |
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USDC, a stablecoin developed by the Circle, is the second-largest USD-backed stablecoin on the market according to data from Skew. Launched in 2018, USDC currently has a market capitalization of over $452 million and is followed by PAX with $191 million and TUSD with a $140 million market cap.
2020-3-5 21:45 | |
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Tron community was delighted with the TRX token surging by 6.12% over 24 hours, according to CoinMarketCap. The market cap of TRX was $1.68 billion, at press time. With just one week to go for Justin Sun’s lunch with Warren Buffett lunch, Jeremy Allaire, Co-founder & CEO of Circle, accepted Sun’s invitation for the star-studded […] The post Tron Weekly Report highlights rise in DAU, transaction numbers and volume appeared first on AMBCrypto.
2019-7-20 02:30 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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The relationship between fiat-backing, price, and market cap isn't what you might expect.
2019-1-18 22:19 | |
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USDC this week surpassed $300 million in market cap (including Circle activity) and earned the support of six new companies, bringing to nearly 100 the number of exchanges, protocols, platforms, applications, wallets and service providers that are part of the USDC ecosystem. USDC, launched in September, is now the second
2019-1-10 19:03 | |
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As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.
2018-11-7 19:56 | |
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The stablecoin trio of Paxos Standard, Gemini Dollar, and USD//Coin have surged ahead in trading volume and adoption shortly after launch, indicating that investors and businesses alike look for reputed options to store the digital equivalent of their fiat balances.
2018-10-18 10:00 | |
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Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.
2018-10-17 01:17 | |
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USDC Grows and Expands Amid Market Turbulence Around Tether USDC was launched just a few weeks ago and it showing a real interest from several users and investors in the market. According to a blog post uploaded by Circle, USDC has experienced significant increases in daily volumes, growth in its global market cap and widespread […]
2018-10-16 19:12 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these system to work, it comes with a significant downside: privacy is often quite limited.
2018-9-25 19:47 | |
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Update (September 7): Goldman Sach’s CFO Martin Chavez has since called reports of dropping the bitcoin trading desk “fake news. ” (The original Business Insider report quoted unnamed sources as the basis of the information.
2018-9-8 21:57 | |
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Goldman Sachs is struggling to find a way to trade bitcoin. The financial services giant has scratched its plans to open a desk for trading cryptocurrencies, at least for the near term, according to a Business Insider report on September 5, 2018.
2018-9-6 21:57 | |
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Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away.
2018-6-29 16:42 | |
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Coinbase has expanded its prediction markets feature to users across all 50 US states, giving customers nationwide access to event-based trading directly inside its app. The company confirmed the rollout on Jan.
ClearBank has selected digital asset infrastructure firm Taurus to support its expansion into stablecoin-related services, as the UK clearing bank looks to broaden its payments and digital asset offering for clients.
Circle is releasing a new developer toolkit designed to reduce the complexity of integrating cross-chain USDC transfers. The Bridge Kit packages existing protocol functions into a streamlined SDK, potentially cutting significant time from development cycles. In an announcement on Oct.…
Digital currencies recorded modest gains over the past day as the global crypto market cap soared 0. 57% to $3. 86 trillion. Meanwhile, Ethena leads the upside with an over 8% increase, fueled by bullish ecosystem news.
The cryptocurrency market flashed recovery signals today as Bitcoin reclaimed $113,000. As risk-on sentiments emerge, BitMEX co-founder Arthur Hayes has issued an ambitious vision for the altcoin season.
Sony’s Soneium blockchain has announced an advanced tool that rewards meaningful engagement across its platform. The Soneium Score aims to transform on-chain activity into a reputation-based model, shifting from the fleeting incentives and one-off airdrops that have shaped the blockchain space to date.
USDC settlements in banks