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Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
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Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum

Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela
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US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk
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MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.

New Money Theory in Action: Circle's USDC Stablecoin
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New Money Theory in Action: Circle's USDC Stablecoin

Circle is gearing up for 2020 with a renewed deep focus on stablecoins and the powerful potential they hold for people, enterprises, and governments globally.

USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means
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USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means

According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.

USDFC Launches on Filecoin (FIL) Mainnet Amidst Major Ecosystem Updates
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USDFC Launches on Filecoin (FIL) Mainnet Amidst Major Ecosystem Updates

Filecoin (FIL)'s USDFC stablecoin goes live on the mainnet, alongside key ecosystem updates including CalibrationNet upgrade, FIL ProPGF launch, and strategic partnerships.

Crypto Tax Payments Permitted in Bermuda
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Crypto Tax Payments Permitted in Bermuda

Bermuda has started accepting tax payments using Circle's stablecoin known as USD Coin (USDC).

Bitpay Announces the First Large Online International Furniture Brand to Go Live
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Bitpay Announces the First Large Online International Furniture Brand to Go Live

Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes
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DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

Harvest Finance is taking the offensive against an alleged attacker who exploited the DeFi protocols liquidity pools—putting a $100K bounty on the hacker.

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
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Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis records rising demand for cash and stablecoins

Binance Reveals Why 30 Trading Pairs Where Removed From Its Exchange Platform
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Binance Reveals Why 30 Trading Pairs Where Removed From Its Exchange Platform

The cryptocurrency exchange giant based in Malta, Binance has been outshining Justin Tron who has been renowned for his high marketing skills.

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