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USDC
USDC Builder Circle Wants to Become a ‘Full-Reserve National Commercial Bank’
“The Hash” hosts discuss the industry implications for Jeremy Allaire’s Circle, a neo-bank and stablecoin USDC issuer, intending to become “a full-reserve national commercial bank.” “This is an ambitious plan, but the idea of having an FDIC-insured digital asset bank would be very notable for the sector,” host Zack Seward said.
USDC Builder Circle Says It Wants to Become a National Crypto Bank
The plans would take Circle well beyond the OCC banking charter already conditionally issued to several firms.
Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash
The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.
No More Lengthy Wallet Addresses – Send USDC to 'username.coin'
Being able to use a simple username akin to a Twitter or Instagram handle may make sending crypto payments more like sending an email or a text.
Market Wrap: Bitcoin in Pullback Mode as Regulatory Concerns Rise
Bitcoin is declining as regulatory concerns rise; ether is holding support.
USDT Usage on Ethereum Shifts Away From Asia Daytime Hours
The changing trading patterns in USDT might be the result of China's recent crackdown on cryptocurrency mining and trading.
Crypto Long & Short: What's Going On With Tether?
Since the end of May, tether's growth has gone completely flat.
Crypto Volatility Index 2.0 Rolled Out With USDC Support
Users can now open USDC positions and stake CVI USDC through the index.
Market Cap of USDC Growing Faster Than Tether
Half of the trades in and out of bitcoin are done with Tether, the dominant stablecoin and third-largest cryptocurrency with a $64 billion market cap. Yet, Coin Metrics reveals the market cap of stablecoin USDC is growing faster than that of USDT. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App
The a16z-backed Eco, a fiat deposit-taking, cashback-granting digital wallet and stablecoin lender, which loans out users’ deposits in USDC, raises another $60 million to propel its crypto-powered banking app. "The Hash" discuss the outlook for Eco as regulators turn up the pressure on stablecoins.