USD Coin (USDC) Crypto News Today

“Every single business or political meeting that they have culminates with this intent,” Ardoino said on X.

The US dollar dominates the stablecoin industry, but that can soon change, according to former Binance.US CEO and 1Money founder Brian Shroder.

The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.

Coinbase vice president Max Branzburg said the product demonstrates the exchange’s “commitment to economic freedom.”

Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.

The stablecoin is also more widely distributed across blockchain networks.

The integration requires no action from app developers and is currently live for all users.

Some Coinbase users are airing frustrations at the region’s MiCA laws, which are forcing the exchange to stop offering yields on USDC in the European Economic Area.

Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. 

Stripe introduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand.

The billionaire mogul’s opinion comes as he ramps up his support for Republican candidate and former US president Donald Trump.

Travala has integrated the Solana blockchain for seamless crypto payments, allowing hotel and flight bookings via SOL, USDT and USDC.

The USDC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.

The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. 

Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.