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CryptoCurrency

Coinbase Cuts Ties with USDC Rewards in EEA Over MiCA Rules

  • USDC rewards will continue until Nov. 30, with final payouts by mid-December.
  • MiCA’s new rules require e-money token issuers to be licensed as electronic money institutions.
Friday, 29/11/2024 | 15:23 GMT by Tareq Sikder
CryptoCurrency

Paxos Launches Stablecoin Payments Platform and Instant USD Conversion

  • The platform enables instant conversion between PYUSD, USDP, USDC, and fiat like USD.
  • It supports refunds by converting and sending them to the original wallet on Solana, Ethereum, and Polygon.
Tuesday, 15/10/2024 | 13:44 GMT by Tareq Sikder
FinTech

USDC Issuer Circle Announces Entry into Brazil's Fintech Sector

  • Partnership with BTG Pactual and Nubank aims to provide access to USDC for Brazilian users.
  • Brazil's growing fintech sector, fuelled by initiatives like Pix, presents a favorable market.
Wednesday, 29/05/2024 | 11:31 GMT by Tareq Sikder
CryptoCurrency

Circle Cuts Ties with USDC Token Support on Tron Blockchain

  • Institutional clients have until February 2025 to transfer or redeem USDC held on Tron.
  • USDC worth $335 million is hosted on Tron, as reported on Circle's website.
Wednesday, 21/02/2024 | 09:22 GMT by Tareq Sikder
CryptoCurrency

Circle Targets Cross-Border Remittances in the Philippines in Partnership with Coins.ph

  • The partnership aims to provide a more accessible remittance option using USDC.
  • USDC's applications span from humanitarian aid to decentralized finance.
Wednesday, 11/10/2023 | 18:24 GMT by Jared Kirui
CryptoCurrency

Coinbase Acquires Stake in USDC-Issuer Circle, Shuts Centre Consortium

  • Centre Consortium handled the governance of USDC.
  • Coinbase and Circle will continue to share revenue from USDC reserves’ interest income.
Tuesday, 22/08/2023 | 05:57 GMT by Arnab Shome
CryptoCurrency

Circle Announces Layoffs; to Reduce Investments in Non-core Activities

  • The stablecoin issuer said it is identifying new business opportunities.
  • Circle recently received a license to operate in Singapore.
Thursday, 13/07/2023 | 08:39 GMT by Jared Kirui
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