The insurance broker is piloting stablecoin payments for premiums using USDC and PYUSD, testing blockchain settlement rails for faster payments in global insurance markets.
USD Coin (USDC) Crypto News Today
Get the latest news on USD Coin (USDC), which is a stablecoin pegged to the value of the U.S. dollar, providing stability and liquidity within the volatile crypto market.
Constructed using Centre Consortium’s open-source stablecoin framework, USD Coin is reportedly backed by a combination of U.S. dollars and short-dated U.S. government obligations, with each unit of USDC statedly redeemable for $1
Although USDC aims for a steady value of $1, its price has fluctuated in the past.
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Polymarket will migrate from bridged USDC on Polygon to Circle-issued native USDC, reducing reliance on cross-chain bridges as prediction markets expand.
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Binance launched gold and silver perpetual futures settled in USDT, expanding crypto-denominated access to precious metals markets.
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Emerging markets are finally accessing finance, with a $310-billion stablecoin market showing that adoption is not hype. Here is what this milestone actually means.
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The integration links token-based payroll with regulated cash-out rails, giving Filipino workers a way to receive stablecoin wages and convert them instantly to pesos.
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Circle is seeking to improve FX market infrastructure by offering institutions deeper global liquidity access with fewer intermediaries and reduced counterparty risk.
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Can stablecoins disrupt Visa and Mastercard? Explore how blockchain payments may capture billions in fees from US credit card networks.
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Crypto exchange Bybit has become the first crypto exchange to debut stablecoin payments for regulatory fees in Kazakhstan’s AIFC.
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The appointment of Hines signals a renewed focus on entering US markets and more investments in “domestic infrastructure,” Tether CEO Paolo Ardoino said.
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Coinbase will soon lower the fee-free benefit of USDC to US dollar conversions to $5 million as the exchange has missed revenue expectations for two quarters running.
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Circle’s USDC accounted for 63% of salaries paid in crypto in 2024, outpacing USDt despite its trading dominance, according to Pantera’s global compensation survey.
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By securing a national trust charter, USDC’s issuer, Circle, plans to directly manage its $62-bilion reserves.
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Ant Group is reportedly working with Circle to integrate USDC into its blockchain platform once the stablecoin achieves regulatory compliance.
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Circle has increased its IPO target to $896 million amid rising investor interest, growing stablecoin adoption and a more favorable US regulatory environment.
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The 10-year Treasury yield is the return investors earn on US government bonds with a 10-year maturity. Also, it serves as a reference for global interest rates.