USDC
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Early Adoption Challenges Faced by PayPal’s PYUSD
The recently introduced stablecoin by PayPal, known as PayPal USD or PYUSD, is encountering difficulties in gaining widespread acceptance, as…
Read More » - Crypto Exchanges
Coinbase Invests in Circle, Expands USDC Integration to 6 New Blockchains
Coinbase, a prominent cryptocurrency exchange, is securing a minority ownership in Circle Internet Financial while simultaneously dissolving their partnership within…
Read More » - Reports
Navigating the Evolution of Stablecoins: Challenges, Regulation, and the Impact of PYUSD
Stability in the cryptocurrency realm took center stage in 2022 as the stablecoin sector’s capitalization faced a notable contraction following…
Read More » - Companies
Circle Unveils Beta Version of MPC Wallet for Ethereum, Polygon, and Avalanche on USDC Platform
The company Circle has introduced a beta iteration of a wallet service based on multiparty computation (MPC). This new offering…
Read More » - Opinions
Circle CEO Warns of US Dollar’s Global Dominance Erosion Without Stablecoin Legislation
Circle CEO, Jeremy Allaire, has issued a stark warning to policymakers, emphasizing the necessity of safeguarding stablecoins to prevent the…
Read More » - Crypto Exchanges
Voyager Sees Significant Crypto Outflows, While Celsius Remains on Hold
Celsius and Voyager, two competing cryptocurrency lending startups that faced financial difficulties last year, have received approval to transfer their…
Read More » - Reports
Tether Smashes Records with $2.44B Excess Reserves and Reveals Bitcoin and Gold Holdings for the First Time Ever
Tether Holdings Limited, a subsidiary of iFinex Inc. which also owns the Bitfinex cryptocurrency exchange, has published its Q1 2023…
Read More » - Global News
Balaji Srinivasan Loses $1M Bitcoin Bet, 97% Under Price Target and Donates $1.5M to Charity
Balaji Srinivasan, the ex-CTO of Coinbase, has closed a $1 million Bitcoin price bet at 97% below its target price,…
Read More » - Opinions
The Ripple Effect: Analyzing the Impact of Crypto-Friendly Bank Failures on the Cryptocurrency Industry
Being “the bank in crypto”, Silvergate once counted some of the giant crypto firms as its clients. As a matter of…
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