While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4%, respectively.
USD Coin News
As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto.11452
Crypto traders flocked to the safety of stablecoins during Tuesday’s market crash.14178
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins.6959
Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.4665
USD Coin holders will soon be able to transfer the stablecoin via human-readable addresses across supported wallets and crypto exchanges.4941
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks.9132