Tag: Stablecoins

Accepting payments in Circle’s USDC stablecoin is now available via Apple Pay. The addition will help crypto businesses by making it easier to take payments, Circle said. Merchants who accept payments in Circle’s USDC stablecoin can now interact with Apple Pay, Circle said in a blog post. “NFT marketplaces, crypto gaming, crypto exchanges, crypto wallets,…

Exchange tokens are the backbone of many top exchanges, but how much risk is involved? — explains Jason Nelson on Decrypt. This Learn article will cover what exchange tokens are, what they are used for, how they are purchased, and the new scrutiny on them in light of FTX’s reported malfeasance related to its FTT…

Circle, the issuer of stablecoin USDC, is expanding Euro Coin to the Solana blockchain in the first half of 2023. The payments firm plans to launch its cross-chain protocol, and it will also be expanded to Solana. In June, Circle launched Euro Coin as a European take on its popular stablecoin USDC but pegged to…

FTX plans to issue its own stablecoin at some point, CEO Sam Bankman-Fried said without providing further details. He also hinted at a potential acquisition of the crypto exchange Coinbase. Meanwhile, crypto exchange Huobi said it would delist the stablecoin HUSD. Crypto exchange FTX is reportedly working on creating a stablecoin. In an interview with…

The Near Foundation, an organization behind the NEAR blockchain, urged the winding down of the USN stablecoin and announced a $40 million fund for a “USN Protection Programme.” The foundation is setting aside the funds, which it says is equal to the amount of a “collateral gap” associated with the undercollateralization of the USN project….

MakerDAO, the issuer of DAI stablecoin, is reportedly moving forward with a proposal to onboard an account to Coinbase prime and transfer about $1.1 billion (33% of its USDC) into custody. The platform could earn around 15 million USDC in annual revenue by moving assets to Coinbase, MakerDAO says. Porter Smith, an a16z deal partner,…