Tag: USDC
USDC Dev Company Circle Announces $400M Funding Round
Circle, the maker of USD Coin (USDC), the second largest stablecoin by market capitalization, announced that it has raised $400 million from a funding round led by BlackRock and Fidelity.…
Circle Signs With BNY Mellon to Maintain USD Coin (USDC) Reserves
Circle, the issuer of USD Coin (USDC), the second largest stablecoin by market capitalization, has agreed with the world’s largest custody bank, Bank of New York (BNY) Mellon, to hold…
USDC CEO Evaluates Biden’s Orders For Cryptocurrencies
The largest stablecoin in the USA of USDC Jeremy Allaire, CEO of Circle, said that Joe Biden to cryptocurrencies He called the presidential order a “turning point” and said that…
Can Russian Oligarchs Break Sanctions on Cryptocurrencies? USDC CEO Answered!
Jeremy Allaire, CEO and founder of digital currency company Circle, evaluated the impact of tensions between Russia and Ukraine on the cryptocurrency industry. Speaking to Bloomberg, Jeremy Allaire said that…
Reaching 50 Billion Supply in Circulation, USDC Increases Market Share to 30 Percent
USD Coin (USDC), the second largest stablecoin by market capitalization, has reached a supply of 50 billion in circulation, bringing its market share among stablecoins to approximately 30%. CoinGecko Circle,…
USDT’s Throne is Shaken! USDC Overtakes USDT on Ethereum Network!
The total supply of the USDC stablecoin on the Ethereum Blockchain has surpassed the total supply of its rival Tether (USDT) for the first time in history. According to Etherscan…