Search Results for "usdc"
Circle Pushes Switzerland to Accept Foreign Stablecoins Under New Crypto Rules
Circle's response to Swiss stablecoin consultation calls for equivalence pathway for regulated foreign stablecoins, warning current draft risks isolating Switzerland from $300B market.
Circle USDC Hackathon Winners Show AI Agents Can Run Full Competitions
Circle's USDC OpenClaw Hackathon awarded $30K to AI-built projects, with autonomous agents handling submissions, evaluation, and voting without human judges.
Polygon (MATIC) Boosts Network Capacity 83% as USDC Volume Hits Top Spot
Polygon (MATIC) raises gas limit to 110M, achieving 2,600 TPS as enterprise payment demand surges. Network now leads all chains in USDC transfer volume.
Circle Brings USDCx Stablecoin to Cardano via xReserve Integration
USDCx launches on Cardano with support from Liqwid, Minswap, and SundaeSwap, enabling cross-chain USDC liquidity without third-party bridges.
DeCard Brings USDC and USDT Spending to 150M Merchants via Polygon (MATIC)
DeCard's stablecoin card now works at 150 million merchants globally, using Polygon (MATIC)'s sub-cent fees for settlement. Lunar New Year campaign drove 10% user growth.
Circle Launches Native USDC on EDGE Chain, Backs edgeX Perpetuals DEX
Circle deploys native USDC and CCTP on EDGE Chain with strategic investment in edgeX, expanding stablecoin infrastructure for perpetuals trading.
Circle Launches Gas-Free USDC Nanopayments for AI Agent Economy
Circle's new Nanopayments testnet enables USDC transfers as small as $0.000001 with zero gas fees, targeting AI agents and machine-to-machine commerce.
FV Bank Partners with Circle for Instant USDC Deposits and Conversion
FV Bank, a global digital bank, has partnered with Circle to enable instant and automatic conversion of USD Coin (USDC) into USD upon deposit for a seamless experience.
USDC Issuer Circle Secures $400M Funding from Fidelity and BlackRock
Circle, the company behind USD Coin (USDC), has bagged funding worth $400 million from different players, including Fidelity Management, BlackRock Inc, and Research LLC, signalling traditional finance interest in the crypto space.
Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.
Circle Launches Native USDC on Polygon
Circle has natively integrated USDC on the Polygon PoS network, enabling direct access for users and developers. This move phases out the need for bridged USDC.e, providing a more stable and straightforward means for transactions on the network. The development is anticipated to foster numerous use cases, enhancing the overall ecosystem.
Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer to remove the funds from SVB as the FDIC-insured bank was about to shut operations, but the transfer was not wholly processed, leaving $3.3 billion of USDC reserves with SVB. Dante Disparte, Circle's chief strategy officer, warned that SVB's failure could have broader implications for the US economy.