Solana Enhances Interoperability with Circle's CCTP, Facilitating USDC Swaps
Solana integrates Circle's CCTP, enhancing interoperability for USDC swaps across various blockchains, including Ethereum, without affecting SOL's price.
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Circle launched the cross-chain transfer protocol CCTP on Arbitrum
27/06/2023 21:17
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Circle Ceases Minting USDC on Tron Network
Circle discontinues support for USDC on Tron blockchain, citing trust and safety concerns. Immediate halt in USDC minting on Tron; retail users urged to transition to other networks. Decision follows scrutiny over Circle's ties to Tron founder amid legal actions.
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Additionally, their jointly operated Centre Consortium will be shut down.
Clement[Feature] Circle’s USDC Depegging: Aren’t Stablecoins Supposed to be Stable?
Stablecoins are designed to maintain a stable value relative to a traditional currency but are still subject to market forces and fluctuations, and can depeg from their target value. USDC depegging over the weekend is an example.
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Circle denied that it has received a Wells notice.
CryptoSlateStablecoin Issuer Circle Cancels Plan to Go Public
The firm ends SPAC deal under which it would have become a listed company.
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The USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
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Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations.
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Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment."
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The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, ...
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