USDC


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SBF's Alameda Research Secretly Funded Crypto Media Site 'The Block'; Crypto Contagion Concerns

Crypto media site The Block was secretly funded over the last two years by Sam Bankman-Fried’s Alameda Research, The Block confirmed on Friday. Bernstein reacted to Genesis’ extended withdrawal freeze, saying that saving Grayscale would cost a fortune for Digital Currency Group (DCG), which owns Genesis Trading, Grayscale and CoinDesk. Plus, details on Coinbase asking users to switch USDT for USDC and Bankman-Fried agreeing to testify before U.S. House Financial Committee.

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Coinbase Waves Conversion Fees for Global Users to Switch USDT for USDC

Coinbase is waiving the conversion fees for users that wish to switch to a "trusted stablecoin" in a new campaign that highlights the quality of reserves that back Circle-owned USD Coin (USDC). "The Hash" panel discusses the potential reasons behind Coinbase's move.

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Finanza

Lo scambio Cripto Coinbase chiede agli utenti di cambiare USDT con USDC

Coinbase evidenzia le domande sulle riserve di Tether nella campagna per portare gli utenti su USDC

(Robert Nickelsberg/Getty Images)

Video

Stablecoin Issuer Circle Scraps Plan to Go Public

Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to go public. The stablecoin issuer had announced plans to go public in July 2021, with a valuation of $4.5 billion. The valuation was later doubled when the firms amended their terms in February. "The Hash" panel discusses what this means for the future of mainstream stablecoin adoption as crypto contagion continues to spread.

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MakerDAO Founder on Community Rejecting CoinShares’ Proposal

MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to invest in bonds with the crypto investment firm.

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MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds

The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance. Plus, details on the community’s voting on increasing DAI stablecoin rewards.

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Mercati

La confusione abbonda mentre Binance e OKX sospendono il supporto per USDC, USDT su Solana, quindi tornano indietro

Binance ha successivamente ripreso i depositi per gli USDT di Tether su Solana, mentre OKX ha riformulato una dichiarazione originale affermando di aver rimosso i token dalla quotazione.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)

Finanza

USDC Stablecoin Issuer Circle afferma che le aziende possono accettare Apple Pay

L'aggiunta aiuterà le aziende Cripto semplificando l'accettazione dei pagamenti, ha affermato l'azienda.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Mercati

Tether domina la liquidità a 3 pool di Curve con DAI e USDC che rappresentano solo il 15%

Tether rappresenta l'85% della liquidità totale nel 3pool di Curve. Mentre la stablecoin sta riscontrando una certa volatilità, il prezzo rimane saldamente NEAR al peg 1:1 del dollaro USA,

Curve's 3pool shows investor preference for USDC, DAI over tether. (Curve.fi)