News Circle Highlights Surge in USDC Use for Asia Remittances in New Report by Linh Nguyen January 15, 2024 January 15, 2024 Since its introduction in 2018, the USDC stablecoin has been used to settle over $12 … Read more 0 FacebookTwitterLinkedinTumblrRedditEmail
BusinessNews Smart Money Staying Put as USDC Remains Off-Peg by Linh Nguyen March 13, 2023 March 13, 2023 Data from Nansen shows that the total amount held by smart money wallets, and active … Read more 0 FacebookTwitterLinkedinTumblrRedditEmail
MarketsNews Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank’s Shutdown by Linh Nguyen March 11, 2023 March 11, 2023 Stablecoin issuer Circle held an undisclosed amount of USDC’s cash reserves at now-failed Silicon Valley … Read more 0 FacebookTwitterLinkedinTumblrRedditEmail
MarketsNews Justin Sun Completes $100 Million USDC Transfer to Create Huobi Liquidity Fund by Linh Nguyen March 10, 2023 March 10, 2023 Fund was created in response to a rapid drop and then rebound of the HT … Read more 0 FacebookTwitterLinkedinTumblrRedditEmail
MarketsNews Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt by Linh Nguyen February 9, 2023 February 9, 2023 Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of … Read more 0 FacebookTwitterLinkedinTumblrRedditEmail
BusinessNews Crypto Exchange Coinbase Asks Users to Switch USDT for USDC by Linh Nguyen December 9, 2022 December 9, 2022 Coinbase highlights questions about Tether reserves in campaign to get users over to USDC Coinbase … Read more 0 FacebookTwitterLinkedinTumblrRedditEmail
Markets Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92 by Linh Nguyen August 18, 2022 August 18, 2022 The stablecoin is trading as low as $0.89 against USDC on Curve Finance. The HUSD … Read more 0 FacebookTwitterLinkedinTumblrRedditEmail