USDC Archives - The Defiant
Centre Bans USDC Addresses After Tornado Sanctions
Investors Eye Decentralized Stablecoins as Consortium Bars 38 Addresses
USDC Issuer Circle Announces Euro-Backed Stablecoin
Circle, the issuer of USDC, will launch a new stablecoin pegged to the euro, the company announced Thursday.
Circle Expands Beyond Ethereum With Support For USDC On Polygon
The move will enable Polygon-based businesses and developers to decrease settlement times and lower costs by accessing USDC directly.
How to Research Stablecoins | USDC, USDT, BUSD, PAXOS
In the part 1 of 2 series on how to research stablecoins, we take a look at institutionally issued stabelcoins.
Stripe to Start Using Crypto’s Financial Rails for Payments Today
Stripe, the payments processing giant, introduced a new function which will allow businesses to pay users in crypto using the Polygon network.
Basis Trading Using Perps, Stables and a Whole Lotta Lemma
Lemma uses a market neutral derivatives position to issue a stablecoin and generate sustainable yield
Are Branded Dollars The New StableCoins? | DeFi 2.0 with ICHI
With ICHI, every community gets their own token worth $1. It is minted with each community’s cryptocurrency. It is redeemable 1-for-1 for USD Coin (USDC).
Abracadabra’s Stablecoin Races Past $1B and Sparks Talk of Overtaking MakerDAO
New collateralized stablecoin, Magic Internet Money (MIM) is challenging MakerDAO, the grandaddy protocol of DeFi. MIM, issued by lending protocol Abracadabra, broke $1B in supply on Oct. 5, placing it seventh overall in terms of stablecoin market cap, according to CoinGecko. That’s $5.39B behind Maker’s DAI stablecoin supply. So while MIM still has a ways …
Startup Icon AngelList Embraces DeFi by Opening Site to USDC
Add AngelList to the ever-lengthening list of mainstream tech outfits going crypto. On Tuesday it started letting investors use USDC-enabled funds on its site. It’s a significant move. For the last decade, AngelList’s online bulletin board for angel investors and job-seekers has made it a valuable utility in the U.S. startup scene by playing matchmaker …
Circle To Go Public in Q4 at $4.5B Valuation
DeFi’s most popular stablecoin issuer is going public. Circle, which issues the USDC stablecoin, announced its plans yesterday to go public in Q4 of this year through a special purpose acquisition company (SPAC). The deal will happen with Concord Acquisition Corp. and Circle will trade under the ticker symbol CRCL with the transaction valuing the …
SafeDollar Stablecoin Plummets to Zero After Exploit
The value of SafeDollar (SDO), an algorithmic stablecoin intended to be pegged to $1, has dropped to zero after a $248K exploit on Polygon. In a post-mortem analysis published on June 28, SafeDollar reported it had lost $202K of USDC and $46K of USDT as a result of an attack on one of its pools …
The State of Stablecoins in DeFi: A Deep Dive by DappRadar
Stablecoins are one of the fastest-growing asset types in the crypto world. The purpose of these cryptocurrencies is to track a particular peg (usually the dollar) minimizing volatility and providing a convenient unit for transacting. They have become the lifeblood of the DeFi ecosystem and may look to take over other sectors like remittance and …