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The total supply of stablecoin USDC surpassed 1 billion on July 1, network data shows. The post Total USDC supply crosses 1 billion after token supply surge in June appeared first on The Block.
The USDC stablecoin is set to launch on the Algorand blockchain as part of a new framework focused on multiple network implementations. The post CENTRE adopts multi-chain framework for USDC starting w
Bank Frick, the Liechtenstein-based crypto-friendly bank, has added support for a stablecoin for the first time. The bank now allows its clients to trade and custody the USDC stablecoin, as well as en
Crypto exchange Coinbase has cut rewards on USDC stablecoin holdings by around 90%. Until now, Coinbase users earned 1.25% annual percentage yield (APY) on their USDC funds. That reward now has been c
Quick Take Since May 12, or ‘Black Thursday,’ the number of stablecoins held on centralized exchanges in our sample has increased by 130% DAI+SAI has the lowest percentage of its supply on exchanges.
Quick Take Less than a week after its official launch, dYdX’s bitcoin perpetual swap market has processed over $22.9m in volume and now counts over 55 bitcoin in open interest The perpetual swap mark
Quick Take Centre, the consortium behind the USDC stablecoin, is seeking a CEO Launched in 2018, the development and growth of USDC has mostly been spearheaded by Boston-based Circle, which pivoted a
Quick Take DAI continues to trade above $1 Blockstack’s revenue declined 37% year on year
The aggregate market capitalization of Ethereum-based stablecoins has increased by 95.38% year-to-date to $6.25 billion, according to research conducted by The Block’s Matteo Leibowitz. The post Ether
Quick Take The aggregate Ethereum-based stablecoin market capitalization has increased 95.38% year-to-date to $6.25bn Since the start of 2020, stablecoin weekly transaction volume has consistently ou