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The Latest Breaking News from USDC

U.S. crypto industry dodges a bullet with USDC not listed among crypto securities in SEC lawsuit against Coinbase

Fortune

How crypto can reshape the $130 billion remittance market in Latin America

After years of setbacks, Bitso CEO Daniel Vogel says that crypto remittances have finally broken through.

Fortune

Circle turns to Customers Bank for USDC payment settlement

CEO and co-founder Jeremy Allaire on the future of the stablecoin giant.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Stablecoin legislation punted again as Republicans and Democrats butt heads: ‘We’re starting from scratch’

A bipartisan hearing devolved into uncertainty over regulation for the volatile sector.

Fortune

Coinbase offered $3.3 billion backstop to Circle as USDC teetered

In the hours before regulators expanded FDIC insurance, Coinbase and Circle came up with a backstop plan of their own.

Fortune

FedNow is set to launch in July. What the instant payment service could mean for a digital dollar and stablecoins

FedNow’s ability to give customers of traditional banks instant payments detracts from one of the main draws of a central bank digital currency.

Fortune

Bank failures could spur Congress to act on stablecoins

Digital assets chair French Hill and Circle's Dante Disparte weigh in.

Fortune

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How Silicon Valley Bank's collapse may affect crypto companies

SVB’s failure was the biggest bank collapse since Washington Mutual Bank in 2008.

Fortune

What the collapse of crypto banks could mean for stablecoins

Providers like Circle are searching for solutions to fill the void.

Fortune

Circle adds Cross River as banking partner and expands BNY ties, USDC peg closes

An announcement by Circle about new banking partners comes as the brief de-pegging of USDC came to an end.

Fortune

Collateral damage from Silicon Valley Bank's explosion

The tech ecosystem has been tossed into turmoil as , one of the nation’s largest banks for startups, collapsed Friday following a run on deposits. Now, with the bank’s assets frozen and under the control of the Federal Deposit Insurance Corporation, SVB’s customers, employees, and investors are grappling with a…

Fortune

USD Coin value falls after revealing $3.3bn held at Silicon Valley Bank

The stablecoin fell as low as $0.87 as Circle broke the news that its reserves were at the collapsed lender

The Guardian - US

Circle reveals it has $3.3 billion stuck at Silicon Valley Bank as USDC wobbles against its peg

The company insisted that it was protecting the stablecoin from a "black swan failure."

Fortune

Binance aggressively converted rivals' stablecoins in a massive cash grab. It didn't always tell its customers

Blockchain data suggests Binance may have been converting users' collateral without permission.

Fortune

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news in one place.

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Fortune

Coinbase beats revenue estimates but still posts $2.6 billion loss for 2022 amid Crypto Winter

Revenue from stablecoin USDC continues to be a bright spot for the exchange.

Fortune

Binance stablecoin in peril as U.S. regulators force Paxos to stop issuing BUSD

Binance says that the market cap for BUSD will decrease over time.

Fortune

Coinbase tells customers to switch to stablecoin it cofounded—without fees

The company implied that the fallout of FTX put “some stablecoins to the test.”

Zenger

Coinbase Customers ‘HODLing’ While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings

Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN)

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Benzinga

5 Boston Fintechs Aiming To Make Your Financial Life Easier

Financial technology, or fintech, is cutting-edge technology used to help improve and automate the delivery of financial services. Fintech companies are not financial institutions, but instead financial applications like Zelle and Venmo that help both businesses and individuals send money faster and easier.

Benzinga

Coinbase Customers Are 'HODLing' While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings

Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN).

Benzinga

Laguna Labs Launches The World's First Flatcoin Pegged To The Cost Of Living

In a time of record inflation in the U.S., the idea of "flat" has its appeal.

Benzinga

MakerDAO Co-founder Recommends DAI-USD Depegging: 'No Option But To Prepare To Free Float Dai'

MakerDAO co-founder Rune Christensen has reached out to the community in light of recent conversations of decoupling its native token from USD Coin (CRYPTO: USDC) amid the sanctioning of Tornado Cash to explain w

Benzinga

How Will The Tornado Cash Sanction Affect DeFi?

U.S.

The Guardian - UK

TechScape: How a major change to ethereum could change cryptocurrency forever

In this week’s newsletter: Ethereum turning off its mining rigs and slashing the currency’s carbon emissions should be good news. But not everyone agrees

Kiplinger

Stablecoins: What Are They and How Do They Work?

Stablecoins are gaining relevance in our daily lives. Here, we break down the different types of stablecoins and explain their use and risks.

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